Airtel Partners With Amdocs for Innovation
November 08 2017 - 3:05PM
YASTEST
ST. LOUIS, Nov. 08, 2017 (GLOBE
NEWSWIRE) -- Bharti Airtel Limited ("Airtel"), India's largest
telecommunications services provider, and Amdocs (NASDAQ:DOX), a
leading provider of software and services to communications and
media companies, today announced a strategic partnership creating
an innovation foundry to bring exciting new services to
Airtel's customers in India. The partnership includes a
long-term contract to introduce cutting edge technologies and
practices to enhance Airtel's customers' service experience.
Gopal Vittal, MD and CEO (India and South Asia),
Bharti Airtel India, said, "We are delighted to have Amdocs as a
part of our ecosystem of strategic business partners and look
forward to collaborating with them to build a solid innovation
pipeline for the future. Amdocs' sharp focus on telecoms and their
DNA of cutting edge innovation will add immense value to Airtel's
digital transformation journey and help us to deliver a world class
experience to our customers."
By leveraging Amdocs innovation centres,
delivery expertise and its ecosystem of startups, Amdocs will
deploy machine learning and advanced Artificial Intelligence
(AI) based technologies across Airtel's multiple lines of business
to help pre-empt and self-heal operational issues, introduce
smartbots into digital channels, and quickly launch and activate
new services, thereby enabling a seamless customer experience.
"This program is at the epicenter of two
innovation waves: India's fast growing and dynamic market and the
communications industry's amazing pace of change," said Eli Gelman,
president and chief executive officer at Amdocs. "Airtel India is a
pioneer and innovator, our partnership will be an innovation engine
to the industry and drive our joint success."
Airtel recently rolled out 'Project Next' - its
digital innovation program aimed at transforming customer
experience across all of its services and touch points. It plans to
launch several exciting digital innovations to simplify and enhance
interactivity of the Airtel customer experience. Project Next
complements Airtel's massive investments in building a future ready
network under Project Leap.
Airtel has previously deployed Amdocs for billing,
and now they are augmenting it with Amdocs' advanced digital
technologies. Amdocs has a strong focus on India, serving a number
of India's leading service providers.
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About Amdocs
Amdocs is a leading software and services provider
to the world's most successful communications and media companies.
As our customers reinvent themselves, we enable their digital and
network transformation through innovative solutions, delivery
expertise and intelligent operations. Amdocs and its 25,000
employees serve customers in over 85 countries. Listed on the
NASDAQ Global Select Market, Amdocs had revenue of $3.7 billion in
fiscal 2016. 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, 2016 filed on December 12,
2016 and our quarterly 6-K form furnished on February 13, May 22
and August 14, 2017.
Media Contacts:
Shashi Shekhar Pandey
Amdocs Public Relations
Tel: +91 7838291362
E-mail: shashi.pandey@amdocs.com
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Amdocs via Globenewswire
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