Welcome to our dedicated page for Amdocs news (Ticker: DOX), a resource for investors and traders seeking the latest updates and insights on Amdocs stock.
Amdocs Limited provides software products and services for communications and media companies, with news commonly centered on customer transformation programs, cloud modernization, digital business systems, and managed operations for telecom and media service providers. Company updates also cover its agentic AI strategy, including aOS, Cognitive Core, CES26, Store Genie, and software offerings that connect customer engagement, billing, ordering, assurance, and network operations.
Amdocs news also includes product launches such as eSIM traveler services, collaborations around application modernization and AI productivity research, global studies on AI-led customer experience, and governance changes involving executive leadership and the board of directors.
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 been selected by AT&T (NYSE: T) to provide its Openet 5G solution, aimed at enhancing operational agility and service differentiation in 5G networks. This collaboration enables AT&T to launch new services such as mobile AR/VR and remote health, leveraging cloud-native monetization capabilities. Amdocs aims to support AT&T's transition to the cloud and facilitate new IoT business models, showcasing their expertise in 5G technology. Amdocs generated $4.2 billion in revenue in fiscal 2020, reflecting its strong position in the communications and media sector.
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) announced its collaboration with Comcast Business to enhance its business and operation support systems (BSS/OSS). This partnership aims to improve efficiency and accelerate time-to-market for Comcast's services, including Ethernet, Internet, and Voice solutions. Amdocs' modular software will automate Comcast's operations, streamlining the customer lifecycle. Amdocs, with $4.2 billion in revenue for fiscal 2020, operates in 85 countries, providing innovative solutions for the communications and media industry.
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 (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 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.
Amdocs (NASDAQ: DOX) has partnered with AIA Thailand, part of the AIA Group, to implement its DataONE privacy solution, facilitated by the SecuPi platform. This agreement aims to assist AIA in complying with data protection regulations (PDPA) while allowing remote access control and user behavior analytics. Amdocs will provide a seamless solution without requiring modifications to AIA's existing systems. This collaboration comes amid increased data privacy needs due to evolving regulations and remote work trends.