Amdocs Ltd Stock Price, News & Analysis

Amdocs (NASDAQ: DOX) has extended its strategic partnership with CTM, a leading telecom operator in Macau, to support its 5G launch through an upgrade to Amdocs’ cloud-based digital business system, Amdocs Optima. The upgrade was achieved remotely during the COVID-19 pandemic, enabling CTM to develop innovative real-time pricing models. With this partnership, CTM will achieve full outdoor 5G coverage in Macau, enhancing user experiences. This collaboration is expected to foster the commercialization of 5G services in the region.

Amdocs (NASDAQ: DOX) has partnered with Globe Telecom to launch a pilot 3D Digital Store, enhancing the online retail experience for customers in the Philippines. This innovative project, powered by in3D-Tech, uses 3D gaming aesthetics to create a virtual shopping environment where customers can explore devices and plans from home. The initiative aims to boost post-paid subscriber loyalty and adapt to the challenges posed by COVID-19. Amdocs had a revenue of $4.2 billion in fiscal 2020, and this collaboration signifies a commitment to customer-centric innovation.

Amdocs (NASDAQ: DOX) announced its successful migration of KT Corporation's charging product catalog to Amdocs CatalogONE, enhancing agility for launching new 5G products. This transition, achieved mostly during remote operations due to COVID-19, positions KT to swiftly capitalize on new 5G use cases through innovative services and flexible pricing models. The migration's seamless execution resulted from collaborative efforts and established a cloud-based environment, fostering operational efficiency and rapid service introduction.

Amdocs has extended its partnership with Cellcom Israel for content licensing and processing, enhancing the Cellcom TV service which boasts over 245,000 subscribers. This multi-year agreement will leverage Vubiquity's extensive relationships with over 1,400 content owners, providing access to premium content from major studios including HBO and Disney. The agreement follows a prior deal aimed at digitizing Cellcom’s systems to improve customer experiences.

Amdocs (NASDAQ:DOX) has announced a multi-year agreement with Amazon Web Services (AWS) to enhance cloud-native Business Support Systems (BSS) for Communications Service Providers (CSPs). This collaboration aims to accelerate CSPs' cloud adoption, offering a dynamic portfolio of digital services for faster market responsiveness and operational efficiencies. AWS becomes Amdocs' preferred cloud provider, facilitating internal transformations while enabling CSPs to innovate and expand revenue streams through advanced cloud solutions and automation.

Amdocs (NASDAQ: DOX) has partnered with A1 Bulgaria to digitize its contract management process, enhancing customer interactions by enabling remote sales without the need for physical paperwork. This initiative is part of A1 Bulgaria’s modernization plan to provide a fully digital experience, aiming to reduce operational costs while improving customer engagement. The project will facilitate co-browsing and contract signing on any device, contributing to a seamless digital society and allowing A1 Bulgaria to quickly deploy new capabilities.

Amdocs (NASDAQ: DOX) and Bharti Airtel have renewed their partnership to enhance customer experience for Airtel’s postpaid mobile and broadband users. This new multi-year contract involves migrating Airtel's services to Amdocs' modern digital business system, allowing for quicker delivery of digital experiences. Utilizing Amdocs’ SmartOps platform, Airtel aims to improve operational efficiency and speed up service offerings through automation.

The partnership is positioned to empower Airtel in meeting rising customer expectations through advanced technology.

Amdocs Limited (DOX) reported record quarterly revenue of $1.05 billion for Q4 FY2020, exceeding the guidance range slightly. The company achieved a GAAP diluted EPS of $1.01 and non-GAAP diluted EPS of $1.23. Amdocs' 12-month backlog reached $3.62 billion, up 3.7% year-over-year. The board approved a quarterly dividend of $0.3275 per share, increasing by 10% to $0.36 pending shareholder approval. For FY2021, Amdocs expects revenue growth of 4.0%-8.0% year-over-year, driven by strategic partnerships and the Openet acquisition.

Amdocs (NASDAQ: DOX) announced its participation in several investor conferences during the first quarter of fiscal 2021. On November 12, they will join the Exane BNP Paribas Virtual Silicon Valley Tour, followed by the Needham Security, Networking & Communications Conference on November 17. Additional events include the Nasdaq Investor Conference on December 1 and 2, Credit Suisse Technology Conference on December 3, and several more through December 14. Key executives will lead presentations and discussions at these events.