Amdocs Ltd DOX

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 Movistar Perú, a subsidiary of Spanish telecom giant Telefónica, has signed a multi-year agreement that expands to now also include corporate enterprise wireline services. As a result, Amdocs business and operational support systems will support Movistar Perú’s wireless and wireline services for all of its consumer and corporate enterprise customers.

A customer since 2014, Telefónica Peru has re-affirmed its relationship with Amdocs with this agreement that aims to streamline and lower operational costs and modernize and accelerate its growth and transformation initiatives. Amdocs is providing an open and dynamic portfolio to automate and optimize operational processes of Movistar Perú and quickly add solutions and capabilities in short iterative cycles to enhance the experience of its residential, SMB and corporate wireless and wireline customers.

“In achieving our vision to be an OnLife Telco, we continue to transform to meet the evolving needs of our customers and empower people to live in a world of endless possibilities. As such, we’re excited to continue our partnership with Amdocs because its simple, flexible and efficient support systems are a vital part of our strategy to innovate and deliver new converged services faster and more efficiently,” said Juan Comerma, CTIO of Movistar Perú.

“Movistar Perú is a pioneer, focused on agility and outstanding customer experience,” said Anthony Goonetilleke, group president of Media, Network and Technology, Amdocs. “Amdocs is proud to support Telefónica Movistar Peru’s modernization and transformation journey with a new generation of business and operational support systems designed to provide economies of scale, faster time to market and enhanced digital capabilities across all of its consumer and corporate enterprise customers.”

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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.

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, the duration and severity of the COVID-19 pandemic, and its impact on the global economy, Amdocs’ ability to grow in the business markets that it serves, Amdocs’ ability to successfully integrate acquired businesses including Openet, 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:

Linda Horiuchi
Amdocs Public Relations
Tel: +1 (646) 581-2568
E-mail: linda.horiuchi@amdocs.com