Amdocs (NASDAQ:DOX), a leading provider of software and services to
communications and media companies, today announced it has been
selected as a technology partner for MTS, the leading
telecommunications group in Russia, to be a part of the initial
stage of a project that will enable MTS to capitalize on growing
partner-based digital content opportunities, while increasing
partner and customer satisfaction. When the project is
completed, MTS will gain a partner environment with an open,
modular and integrated solution created by MTS and based on the
Amdocs platform that will help enable it to achieve greater levels
of self-service, a reduction in manual processes, and simpler
onboarding of new partners in emerging areas such as IoT.
On project completion, MTS is expected to be able to efficiently
maintain multiple partnerships, encouraging new revenue streams
from pioneering partner-based content, alongside increased
operational efficiency and robust partner invoicing and settlement.
The project is a testament to MTS’ ambition and intent to expand
its value-chain. In the initial phase of the project, Amdocs will
provide end-to-end partner management for MTS across more than
3,000 active partners including content providers, satellite TV
sales channels, MTS affiliates and IP rights owners for media
channels; including Discovery, Universal, A-Media and VIACOM.
“In today’s digital age, new offerings are increasingly being
created with a diverse eco-system of partners that bring the latest
innovations and compelling content,” said Vyacheslav Nikolaev,
Vice-President of MTS for Marketing. “With this new partner
environment, MTS anticipates bringing a new level of ease and
simplicity to all of our partners so together we can continue to
drive increased value and innovative new services to our
customers.”
“MTS is at the forefront of providing its customers value-added
digital content services while demonstrating that this is an
effective way for communications service providers to grow revenue
and increase loyalty,” said Anthony Goonetilleke, group president,
Amdocs Technology. “We are pleased to partner with MTS as they
accelerate the introduction of new content partnerships and
business models and drive increased profitability in their
enterprise business.“
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About Amdocs
Amdocs is a leading software and services provider to
communications and media companies of all sizes, accelerating the
industry’s dynamic and continuous digital transformation. With a
rich set of innovative solutions, long-term business relationships
with 350 communications and media providers, and technology and
distribution ties to 600 content creators, Amdocs delivers business
improvements to drive growth. Amdocs and its 25,000 employees serve
customers in over 85 countries. Listed on the NASDAQ Global Select
Market, Amdocs had revenue of $3.9 billion in fiscal 2017. 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 the Company's filings with the Securities and Exchange
Commission, including in our Annual Report on Form 20-F for the
fiscal year ended September 30, 2017 filed on December 11,
2017 and our quarterly 6-K form furnished on February 12 and May
21, 2018.
About MTS
Mobile TeleSystems PJSC (“MTS”) (NYSE:MBT) (MOEX:MTSS), the
leading telecommunications group in Russia and the CIS, provides a
range of mobile, fixed-line and digital services. We serve over 100
million mobile subscribers in Russia, Ukraine, Armenia, and
Belarus, and about 9 million customers of fixed-line services,
including fixed voice, broadband internet, and pay-TV. To keep pace
with evolving customer demand, MTS is redefining what
telecommunications services are by offering innovative products
beyond its core network-related businesses in various tech
segments, including Big Data, financial and banking services,
internet of things, OTT, cloud computing, systems integration and
e-commerce. We leverage our market-leading retail network as a
platform for customer services and sales of devices and
accessories. MTS maintains its leadership in the Russian mobile
market in terms of revenue and profitability. MTS is majority-owned
by Sistema PJSFC. Since 2000, MTS shares have been listed on the
New York Stock Exchange and since 2003 - on the Moscow Exchange.
For more information, please visit: www.ir.mts.ru.
MTS Forward-Looking
StatementSome of the information in this press release may
contain projections or other forward-looking statements regarding
future events or the future financial performance of MTS, as
defined in the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. You can identify forward
looking statements by terms such as “expect,” “believe,”
“anticipate,” “estimate,” “intend,” “will,” “could,” “may” or
“might,” and the negative of such terms or other similar
expressions. We wish to caution you that these statements are only
predictions and that actual events or results may differ
materially. We do not undertake or intend to update these
statements to reflect events and circumstances occurring after the
date hereof or to reflect the occurrence of unanticipated events.
We refer you to the documents MTS files from time to time with the
U.S. Securities and Exchange Commission, specifically the Company’s
most recent Form 20-F. These documents contain and identify
important factors, including those contained in the section
captioned “Risk Factors” that could cause the actual results to
differ materially from those contained in our projections or
forward-looking statements, including, among others, the severity
and duration of current economic and financial conditions,
including volatility in interest and exchange rates, commodity and
equity prices and the value of financial assets; the impact of
Russian, U.S. and other foreign government programs to restore
liquidity and stimulate national and global economies, our ability
to maintain our current credit rating and the impact on our funding
costs and competitive position if we do not do so, strategic
actions, including acquisitions and dispositions and our success in
integrating acquired businesses, potential fluctuations in
quarterly results, our competitive environment, dependence on new
service development and tariff structures, rapid technological and
market change, acquisition strategy, risks associated with
telecommunications infrastructure, governmental regulation of the
telecommunications industries and other risks associated with
operating in Russia and the CIS, volatility of stock price,
financial risk management and future growth subject to risks.
Media Contacts:
Linda HoriuchiAmdocs Public RelationsTel: +1 (201)
631-6810E-mail: linda.horiuchi@amdocs.com
Alexey MerkutovHead of Media Relations MTS mob.:
+7.916.141.33.87
e-mail: Aleksej.Merkutov@mts.rutwitter: twitter.com/ru_mts
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