Melon Mobile Selects Amdocs connectX to Enhance its Mobile Offerings to Customers

Rhea-AI Summary

Melon Mobile has selected Amdocs' cloud-based 'telco in a box' solution, connectX, to enhance its mobile services in South Africa. This collaboration marks Melon Mobile's transformation from a mobile virtual network operator (MVNO) to a mobile virtual network enabler (MVNE). Powered by AWS, connectX will provide Melon Mobile with tools to launch new services and support multiple MVNO brands under a single platform, offering seamless interfaces and reliable connectivity. The platform's multi-tenant capabilities will enable Melon Mobile to broaden its customer reach and create new revenue streams in South Africa's mobile market.

Positive

• Strategic expansion from MVNO to MVNE business model
• New revenue stream potential through multi-tenant platform capabilities
• AWS-powered solution enabling rapid service deployment
• Platform scalability supporting multiple MVNO brands

Negative

• None.

Insights

Technology Strategy Analyst

The selection of Amdocs' connectX platform by Melon Mobile represents a significant technological transformation in South Africa's mobile market. The shift from MVNO to MVNE status enables Melon Mobile to become a platform provider for other MVNOs, substantially expanding its market potential and revenue streams.

The AWS-powered solution provides critical competitive advantages:

• Multi-tenant capabilities for managing multiple MVNO brands
• Ready-to-deploy feature library for rapid service launches
• Cloud-based scalability for growth

While this partnership positions Melon Mobile favorably in the expanding African mobile market, the immediate financial impact on Amdocs ($10.67B market cap) is likely modest. However, it strengthens Amdocs' presence in emerging markets and demonstrates the growing adoption of their cloud-based solutions.

South African provider underlines its commitment to innovation and growth with its transformation from a mobile virtual network operator (MVNO) to a mobile virtual network enabler (MVNE)

JERSEY CITY, NJ / ACCESSWIRE / November 12, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that Melon Mobile has selected its cloud-based 'telco in a box' solution, connectX, to enhance the South African provider's mobile services and broaden its customer reach through the platform's robust multi-tenant capabilities.

This expanded collaboration with Amdocs highlights Melon Mobile's commitment to innovation and growth, enabling its evolution from a traditional mobile virtual network operator (MVNO) to a mobile virtual network enabler (MVNE) by leveraging connectX's powerful features and scalability.

Amdocs connectX, powered by AWS, equips Melon Mobile with the agility, adaptability, and comprehensive tools needed to excel in today's rapidly evolving market, providing customers with seamless interfaces, dependable connectivity, and a high-quality mobile experience. The platform's extensive, ready-to-deploy feature library will empower Melon Mobile to swiftly launch new services and support multiple MVNO brands under a single MVNE multi-tenant platform.

"We are thrilled to partner with Amdocs in this transformative journey," said Calvin Collet, Founder and CEO at Melon Mobile. "With Amdocs' innovative solutions, we aim to exceed customer expectations by delivering seamless mobile experiences and accelerating our growth trajectory. This collaboration empowers us to create new revenue streams, solidify our position as a key player in South Africa's mobile market, and set a new benchmark for MVNE services across the continent."

"As the MVNO market continues to expand, so too does the need for MVNE platforms to support flexible, innovative offerings," said Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs. "By leveraging Amdocs connectX, Melon Mobile is well-positioned to unlock new growth opportunities while enabling unique connected experiences around the world. We remain committed to supporting Melon Mobile's journey towards becoming a market leader in MVNx enablement."

Supporting Resources

• View more information about Amdocs connectX, here

• Keep up with Amdocs news by visiting the company's website

• Follow us on X, Facebook, LinkedIn and YouTube

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 28,000 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 $5.00 billion in fiscal 2024. 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 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 or other regional events, 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, for the second quarter of fiscal 2024 on May 20, 2024, and for the third quarter of fiscal 2024 on August 19, 2024.

Media Contacts

Mario Hajiloizi
Amdocs Public Relations
E-mail: mario.hajiloizi@amdocs.com

Holly Abbott
Babel PR for Amdocs
Tel: +44 (0)7527 521057
Email: amdocs@babelpr.com / holly.abbott@babelpr.com

SOURCE: Amdocs Management Limited

View the original press release on accesswire.com

FAQ

What is Amdocs connectX solution selected by Melon Mobile?

Amdocs connectX is a cloud-based 'telco in a box' solution powered by AWS that provides tools for launching new services and supporting multiple MVNO brands under a single platform with multi-tenant capabilities.

How will Melon Mobile transform its business using Amdocs (DOX) technology?

Melon Mobile will transform from a mobile virtual network operator (MVNO) to a mobile virtual network enabler (MVNE) using Amdocs connectX, enabling it to support multiple MVNO brands and create new revenue streams.

What benefits will Melon Mobile gain from implementing Amdocs (DOX) connectX?

Melon Mobile will gain agility, adaptability, seamless interfaces, reliable connectivity, and the ability to quickly launch new services while supporting multiple MVNO brands through the platform's multi-tenant capabilities.