Amdocs Ltd DOX

Amdocs collaborates with the Telecom Infra Project to provide more technology choices and drive open, standards-based solutions

ST. LOUIS, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced that it has been selected as a System Integrator to set up the first end-to-end Telecom Infra Project (TIP) Community lab in Southeast Asia. Collaboration of the partners and participants in the TIP Community Lab at Telkom University in Indonesia will help significantly improve connectivity in the country and support the ‘Making Indonesia 4.0’ program. The lab’s activities will focus on testing and validating standards-based open, interoperable, and disaggregated network technologies, accelerating the deployment of commercially viable solutions, expanding the local talent pool of experts, and nurturing a diverse and a robust ecosystem of innovative companies.

“We are delighted to be an integral part of TIP initiatives focused on bringing viable open, standards-based market solutions to service providers for a variety of environments, from urban to rural, and creating a better-connected society. Amdocs will play a key role in integrating and testing solutions across all areas of the network stack, including access, transport, core and services to ensure the community provides technology that delivers exceptional user experiences, high performance and infrastructure efficiencies for service providers,” said Anthony Goonetilleke, Group President of Media, Network and Technology at Amdocs.

“This project is a great example of how the TIP community, including service providers, technology providers, systems integrators, and policy makers are collaborating to build better networks at a quicker rate than ever before,” said Attilio Zani, Executive Director, TIP. “Amdocs has been a long-time partner in TIP initiatives, engaging in PlugFests and supporting lab and field trials of technologies like DCSG, and we welcome its expertise and participation as an integrator in our first TIP Community Lab in the region.”

The new community lab will include an OpenRAN infrastructure connected to a live, tier-1 MNO core network. With a wide variety of ecosystem partners covering all parts of the network, the TIP Community Lab is expected to help MNO’s to test and validate the impact of various innovative solutions for OpenRAN and disaggregated routers from a diverse set of providers in real-time. Most of the planning and deployment coordination for the Community Lab is being done remotely with restricted access due to the pandemic. The team is using new methodologies and best-in-class practices and various collaboration and deployment tools.

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About Amdocs

Amdocs’ purpose is to enrich lives and progress society, using creativity and technology to build a better connected world. Amdocs and its 26,000 employees partner with the leading players in the communications and media industry, enabling next-generation experiences in 85 countries. Our cloud-native, open and dynamic portfolio of digital solutions, platforms and services brings greater choice, faster time to market and flexibility, to better meet the evolving needs of our customers as they drive growth, transform and take their business to the cloud. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $4.2 billion in fiscal 2020. For more information, visit Amdocs at www.amdocs.com.

About the Telecom Infra Project
The Telecom Infra Project (TIP) is a global community of companies and organizations that are driving infrastructure solutions to advance global connectivity. Half of the world’s population is still not connected to the internet, and for those who are, connectivity is often insufficient. This limits access to the multitude of consumer and commercial benefits provided by the internet, thereby impacting GDP growth globally. However, a lack of flexibility in the current solutions - exacerbated by a limited choice in technology providers - makes it challenging for operators to efficiently build and upgrade networks. Founded in 2016, TIP is a community of diverse members that includes hundreds of companies - from service providers and technology partners, to systems integrators and other connectivity stakeholders. We are working together to develop, test and deploy open, disaggregated, and standards-based solutions that deliver the high-quality connectivity that the world needs - now and in the decades to come. Find out more: www.telecominfraproject.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, 2020 filed on December 14, 2020.

Media Contact:
Deepshikha Kumar
Amdocs Public Relations
Tel: +91-9718024780
E-mail: deepshik@amdocs.com