Deal, which will see Amdocs support SES’s O3b mPOWER satellite constellation, strengthens the relationship between the two companies
JERSEY CITY, N.J., Nov. 08, 2022 (GLOBE NEWSWIRE) — Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced that it has been selected by SES, a leading global content connectivity solutions provider, to provide an optimized experience for SES customers through a multi-year managed services agreement.
The deal, which strengthens and broadens the relationship between the two companies, will see Amdocs provide anomaly detection, monitoring, diagnostics, and remediation across SES’s new cutting-edge O3b mPOWER satellite communications system.
“It’s exciting to be collaborating with Amdocs on this project, which will be utilizing the latest technologies and methodologies to deliver exceptional outcomes for our customers,” said Gint Atkinson, VP Network Strategy and Digital Architecture at SES.
“We’re delighted to expand our long-standing relationship with SES by entering into this agreement,” said Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs. “This deal demonstrates the critical role played by Amdocs in enabling service providers to provide the best possible customer experience.”
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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 31,000 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 $4.58 billion in fiscal 2022. For more information, visit 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, for the second quarter of fiscal 2022 on May 24, 2022 and for the third quarter of fiscal 2022 on August 15, 2022.
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