JERSEY CITY, N.J., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced a six-year contract with Winity Telecom, a new nationwide Brazilian mobile operator-led by Patria Investments Group, to enable the rollout of its 4G and 5G networks across remote communities in Brazil.
In the first phase of the project, Amdocs will assist Winity Telecom’s delivery of 4G connectivity to more than 600 small municipalities, including public schools, as well as over 35.000 km of federal highways, to help close the gap in the digital divide. Amdocs is designing Winity’s networks to deliver optimum coverage and quality to ensure cost savings, quick time to market and agility.
“With 5G technology gaining more traction in Brazil and 4G’s continued benefits to connect our communities, our goal is to build state-of-the-art infrastructure to bring more opportunities for all,” said Estevam Araujo, CTIO Winity Telecom. “Through our partnership with Amdocs, we’ll be able to leverage the latest technology and Amdocs’ vast experience to ensure a smooth, rapid deployment of our networks.”
“We’re excited to partner with Winity Telecom on such an exciting project to help connect remote locations across Brazil, which will allow more local communities to flourish,” said Anthony Goonetilleke, Group President of Technology and Head of Strategy. “Working together, we will deploy a flexible, robust end-to-end network to enable new consumer and business experiences, further closing the digital divide.”
Amdocs will be showcasing network solutions at Digital Transformation World in Copenhagen, September 20-22, MWC Las Vegas, September 28-30, and GITEX, Dubai, October 10-14.
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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 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 $4.3 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, 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.
Media Contact:
Michael Zema
Amdocs Public Relations
E-mail: Michael.Zema@amdocs.com
Emily Holt
PAN Communications for Amdocs
E-mail: Amdocs@pancomm.com
