Charter Extends Hosting and Managed Services Agreement in Support of Spectrum Mobile
Amdocs (NASDAQ:DOX) has announced the extension and expansion of its hosting and managed services agreement with Charter Communications, a leading broadband connectivity company. Under this multi-year agreement, Amdocs will continue to provide Spectrum Mobile with hosting and operational support for its mobile billing system, along with business enhancement capacity.
The enhanced services will support the rapid growth of Spectrum's mobile and cable businesses, enabling innovative offerings for their customers. This partnership aims to simplify technology operations, allowing Charter to scale its growing Spectrum Mobile business and meet evolving market demands. The agreement covers services for Charter's Spectrum brand, which is available to more than 57 million homes and businesses in 41 states.
Amdocs (NASDAQ:DOX) ha annunciato l'estensione e l'espansione del suo accordo di hosting e servizi gestiti con Charter Communications, un'importante azienda di connettività a banda larga. Sotto questo accordo pluriennale, Amdocs continuerà a fornire a Spectrum Mobile supporto per l'hosting e l'operatività del suo sistema di fatturazione mobile, insieme a capacità di miglioramento aziendale.
I servizi potenziati supporteranno la crescita rapida delle attività mobili e via cavo di Spectrum, consentendo offerte innovative per i loro clienti. Questa partnership mira a semplificare le operazioni tecnologiche, permettendo a Charter di espandere la sua crescente attività di Spectrum Mobile e soddisfare le mutevoli richieste del mercato. L'accordo copre i servizi per il marchio Spectrum di Charter, disponibile per oltre 57 milioni di case e imprese in 41 stati.
Amdocs (NASDAQ:DOX) ha anunciado la extensión y expansión de su acuerdo de servicios administrados y de hosting con Charter Communications, una empresa líder en conectividad de banda ancha. Bajo este acuerdo de varios años, Amdocs continuará proporcionando a Spectrum Mobile soporte de hosting y operacional para su sistema de facturación móvil, junto con capacidades de mejora empresarial.
Los servicios mejorados apoyarán el rápido crecimiento de los negocios móviles y por cable de Spectrum, permitiendo ofertas innovadoras para sus clientes. Esta asociación tiene como objetivo simplificar las operaciones tecnológicas, permitiendo a Charter escalar su creciente negocio de Spectrum Mobile y satisfacer las demandas del mercado en evolución. El acuerdo cubre los servicios de la marca Spectrum de Charter, que está disponible para más de 57 millones de hogares y negocios en 41 estados.
Amdocs (NASDAQ:DOX)는 Charter Communications와의 호스팅 및 관리 서비스 계약의 확장 및 확대를 발표했습니다. Charter는 선도적인 광대역 연결 회사입니다. 이 다년 계약에 따라 Amdocs는 Spectrum Mobile에 대한 모바일 청구 시스템의 호스팅 및 운영 지원을 지속적으로 제공하며, 비즈니스 강화 기능도 포함됩니다.
향상된 서비스는 Spectrum의 모바일 및 케이블 비즈니스의 신속한 성장을 지원하고, 고객을 위한 혁신적인 제공을 가능하게 합니다. 이 파트너십은 기술 운영을 간소화하는 것을 목표로 하여 Charter가 증가하는 Spectrum Mobile 비즈니스의 규모를 확장하고 변화하는 시장 수요를 충족할 수 있도록 합니다. 이 계약은 41개 주에서 5700만 가구와 기업에 제공되는 Charter의 Spectrum 브랜드 서비스 범위를 포함합니다.
Amdocs (NASDAQ:DOX) a annoncé l'extension et l'expansion de son contrat de services gérés et d'hébergement avec Charter Communications, une entreprise leader en matière de connectivité à large bande. Dans le cadre de cet accord pluriannuel, Amdocs continuera à fournir à Spectrum Mobile un soutien pour l'hébergement et l'opération de son système de facturation mobile, ainsi que des capacités d'amélioration des affaires.
Les services améliorés soutiendront la croissance rapide des activités mobiles et par câble de Spectrum, permettant des offres innovantes pour leurs clients. Ce partenariat vise à simplifier les opérations technologiques, permettant à Charter de dynamiser son activité Spectrum Mobile en pleine croissance et de répondre aux demandes du marché en évolution. L'accord couvre les services de la marque Spectrum de Charter, qui est disponible pour plus de 57 millions de foyers et d'entreprises dans 41 États.
Amdocs (NASDAQ:DOX) hat die Erweiterung und Ausweitung seiner Hosting- und Managed-Service-Vereinbarung mit Charter Communications, einem führenden Anbieter von Breitbandverbindungen, bekannt gegeben. Im Rahmen dieser mehrjährigen Vereinbarung wird Amdocs weiterhin Spectrum Mobile mit Hosting- und Betriebssupport für sein mobilen Abrechnungssystem sowie mit Unternehmensverbesserungskapazitäten unterstützen.
Die erweiterten Dienstleistungen unterstützen das schnelle Wachstum der mobilen und Kabelgeschäfte von Spectrum, wodurch innovative Angebote für ihre Kunden ermöglicht werden. Diese Partnerschaft zielt darauf ab, die Technologieoperationen zu vereinfachen, sodass Charter in der Lage ist, sein wachsendes Spectrum-Mobile-Geschäft auszuweiten und den sich entwickelnden Marktanforderungen gerecht zu werden. Die Vereinbarung umfasst Dienstleistungen für die Spectrum-Marke von Charter, die mehr als 57 Millionen Haushalte und Unternehmen in 41 Bundesstaaten erreichen.
- Extension and expansion of hosting and managed services agreement with Charter Communications
- Support for rapid growth of Spectrum's mobile and cable businesses
- Enabling innovative offerings for Spectrum's customers
- Simplification of technology operations for Charter
- None.
Insights
The extension of Amdocs' hosting and managed services agreement with Charter Communications is a positive development for both companies. For Amdocs, this multi-year deal secures a stable revenue stream and strengthens its position in the telecom services market. The expanded scope, including support for Charter's growing mobile and cable businesses, suggests potential for increased revenue over time.
For Charter, this partnership allows them to focus on core business operations while leveraging Amdocs' expertise in billing systems and operational support. This could lead to improved operational efficiency and cost savings in the long run. The agreement's support for Charter's rapid growth in mobile services is particularly noteworthy, as it positions the company to capitalize on the expanding mobile market.
Investors should monitor how this partnership impacts Amdocs' revenue growth and profit margins in upcoming quarters, as well as Charter's mobile subscriber growth and operational costs.
The extended agreement between Amdocs and Charter Communications highlights the increasing complexity of telecom operations and the need for specialized technology partners. Amdocs' role in providing hosting and operational support for Spectrum Mobile's billing system is important for seamless customer experience and efficient revenue management.
The mention of "business enhancement capacity" suggests that Amdocs will likely be implementing advanced analytics and AI-driven solutions to optimize Charter's operations. This could lead to improved customer insights, personalized offerings and more efficient network utilization.
The partnership's focus on supporting Charter's growth in both mobile and cable businesses indicates a convergence trend in the telecom industry. This integrated approach could give Charter a competitive edge in offering bundled services and responding quickly to market demands.
JERSEY CITY, NJ / ACCESSWIRE / August 7, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced the extension and expansion of its hosting and managed services agreement with Charter Communications, Inc., a leading broadband connectivity company and cable operator with services available to more than 57 million homes and businesses in 41 states through its Spectrum brand.
Under this multi-year agreement, Amdocs will continue to provide Spectrum Mobile with hosting and operational support for its mobile billing system along with business enhancement capacity. These enhanced services support the rapid growth of Spectrum's mobile and cable businesses, enabling innovative offerings for their customers.
"We are excited to strengthen our partnership with Charter, supporting them in delivering exceptional value in the increasingly vital connectivity space," said Anthony Goonetilleke, Group President of Technology and Head of Strategy, Amdocs. "By simplifying technology operations, we will continue to enable Charter to scale its growing Spectrum Mobile business and meet evolving market demands."
Supporting Resources
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About Amdocs
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 approximately 29,000 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
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 and years. 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 macro-economic conditions, prevailing level of macroeconomic, business and operational uncertainty, including as a result of geopolitical events and the COVID-19 pandemic, as well as the current inflationary environment, and the effects of these conditions on the company's customers' businesses and levels of business activity, including the effect of the current economic uncertainty and industry pressure on the spending decisions of the company's customers, 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, our ability to successfully and effectively implement artificial intelligence and Generative AI in the company's offerings and operations 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, Amdocs 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, 2023 filed on December 13, 2023 and our Form 6-K furnished for the first quarter of fiscal 2024 on February 20, 2024, and for the second quarter of fiscal 2024 on May 20, 2024.
Media Contacts:
Michael Zema
Amdocs Public Relations
E-mail: mzema@amdocs.com
Emily Holt
PAN Communications for Amdocs
Email: amdocs@pancomm.com
SOURCE: Amdocs
View the original press release on accesswire.com
FAQ
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