Amdocs Extends Multi-Year Business Relationship with Bell Canada
05/11/2022 - 04:05 PM
New five-year engagement to support Bell Canada’s subscribers on Amdocs systems and continue their cloud transformation
JERSEY CITY, N.J., May 11, 2022 (GLOBE NEWSWIRE) -- Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced it will extend its business relationship with Bell Canada for an additional five years as part of a broader strategic partnership to enrich the Bell BSS platform with a real-time, agile and cloud-ready ecosystem based on Amdocs’ latest technology.
Stephen Howe, Chief Technology & Information Officer at Bell, said: "Amdocs has provided us with strong operational support over our long-standing relationship, ensuring efficient delivery, and innovative services and products that offer a great experience for our customers. We look forward to our continued work as we further create an agile, cloud-ready environment for our business.”
Shimie Hortig, Group President, Americas at Amdocs, said: "We're very proud of our long-term relationship with Bell, and this extension reinforces our commitment to excellence in operations and delivery, leveraging the latest cloud-native technologies. We look forward to our continued journey, ensuring best-in-class digital experiences for Bell's customers."
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About Amdocs
Amdocs helps those who build the future to make it amazing. With our market-leading portfolio of software products and services, we unlock our customers’ innovative potential, empowering them to provide next-generation communication and media experiences for both the individual end user and enterprise customers. Our 30,000 employees around the globe are here to accelerate service providers’ migration to the cloud, enable them to differentiate in the 5G era, and digitalize and automate their operations. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $4.3 billion in fiscal 2021. For more information, visit Amdocs at www.amdocs.com
Amdocs’ Forward-Looking Statement
This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs’ growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs’ ability to grow in the business markets that it serves, Amdocs’ ability to successfully integrate acquired businesses, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future; however, the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in Amdocs’ filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2021 filed on December 10, 2021, and our Form 6-K furnished for the first quarter of fiscal 2022 on February 14, 2022.
Media Contact:
Michael Zema
Emily Holt
DOX Rankings
#2597 Ranked by Stock Gains
DOX Stock Data
Industry
Custom Computer Programming Services
Sector
Professional, Scientific, and Technical Services
Tags
Technology Services, Information Technology Services, Professional, Scientific, and Technical Services, Custom Computer Programming Services
About DOX
amdocs is the market-leader in customer experience software solutions and services for the world’s largest communications, entertainment and media service providers. our portfolio powers the new world of customer experience™, where a wide array of innovative and personalized services are delivered seamlessly to end users, regardless of device or network. for more than 30 years, amdocs solutions, which include bss, oss, network control and optimization, coupled with our professional and managed services, have accelerated business value for our customers by streamlining complex operating environments, reducing costs and speeding time to market for new products and services. amdocs and our more than 24,000 employees serve customers in over 90 countries. listed on the nasdaq global select market, amdocs had revenue of $3.6 billion in fiscal 2014. amdocs: embrace challenge, experience success. for more information, visit amdocs at www.amdocs.com.
