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XL Axiata Selects Amdocs for an End-to-End Media Solution to Provide Viewers with a One-Stop Entertainment Hub

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Amdocs (NASDAQ: DOX) has entered a multi-year agreement with XL Axiata, a prominent Indonesian communications service provider, to deliver an end-to-end media solution. This collaboration will leverage the SaaS-based Amdocs MarketONE platform to offer a variety of OTT content services and flexible packages for XL Axiata's subscribers. The partnership aims to enhance customer experience by providing seamless access to a wide array of local and international content, thereby fostering customer loyalty and driving revenue growth.

Positive
  • Long-term agreement with XL Axiata enhances revenue potential.
  • Amdocs MarketONE platform provides a competitive edge in OTT services.
  • Improved customer experience through flexible entertainment packages.
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SaaS-based Amdocs MarketONE platform and Amdocs content services will enable XL to offer subscribers a wide variety of OTT content services and flexible packages

JERSEY CITY, N.J., Feb. 01, 2022 (GLOBE NEWSWIRE) -- Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced a multi-year agreement with XL Axiata, one of Indonesia’s leading communications service providers. Under this agreement, Amdocs will provide an end-to-end media solution enabling XL Axiata to deliver new content and OTT offerings to its customers. Additionally, Amdocs will also provide full integration, testing, operational support and delivery services to XL Axiata.

With the SaaS-based Amdocs MarketONE platform and content services powered by Amdocs Vubiquity, XL Axiata will be able to offer its XL Home customers seamless access to international, local and regional content services. The end-to-end solution will also provide XL Axiata with the capabilities to provide its customers with flexible entertainment packages, redefining the onscreen experience.

“We are dedicated to providing our customers with the best-in-class digital experiences and latest top-quality content,” said Yessie D Yosetya, Director & Chief Strategic Transformation Officer at XL Axiata. “The open and scalable solution from Amdocs will enable us to swiftly integrate new local, regional and global OTT partners into our digital services offering, providing our customers with exceptional value and a seamless entertainment experience.”

Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs said: “We’re pleased to extend our long-standing partnership with XL Axiata and be part of their digital transformation journey as they continue to innovate and provide their customers with highly differentiated entertainment options. Our media offering will allow them to further build customer loyalty and boost revenue by delivering a world-class entertainment experience.”

Supporting Resources

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 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 $4.3 billion in fiscal 2021. 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, 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.

Media Contact:

Deepshikha

Amdocs Public Relations

Tel : +91-9718024780

E-mail : deepshik@amdocs.com


FAQ

What is the significance of the Amdocs and XL Axiata agreement?

The agreement enables XL Axiata to enhance its OTT content offerings and improve customer experience, potentially increasing revenue.

How will the Amdocs MarketONE platform benefit XL Axiata?

It will provide flexible entertainment packages and seamless access to diverse content, improving customer satisfaction.

What is the stock symbol for Amdocs?

Amdocs is listed under the stock symbol DOX on NASDAQ.

When was the Amdocs and XL Axiata agreement announced?

The announcement was made on February 1, 2022.

Amdocs Limited

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