Amdocs' Vubiquity Expands Content Services Agreement with Oi
As part of an expanded agreement, Oi will provide an extensive catalog of subscription-video-on-demand options, providing more content
JERSEY CITY, N. J. , Aug. 03, 2022 (GLOBE NEWSWIRE) -- Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced a three-year expanded agreement with Oi, one of the largest telecom operators in Brazil, to provide an expanded catalog of subscription video-on-demand titles to consumers through Amdocs’ Vubiquity platform.
Vubiquity holds relationships with hundreds of content creators and distributors around the globe, bringing the latest release content from major studios, leading independents, library classics and a host of genre-based categories to provide viewers with compelling content choices for Oi’s service. As part of the agreement, Vubiquity offers a full suite of content acquisition, curation and content management services.
Roberto Guenzburger, Customer and Business Director, Oi, said: “As we expand our focus on digital services, having the best content experience for our customers is critical. With this collaboration, we can ensure our customers get the most out of our services with a robust on-demand catalog.”
Anthony Goonetilleke, Group President of Technology and Head of Strategy, Amdocs, said: “We're pleased to build on our relationship with Oi and continue to bring compelling new content to the Latin American media and entertainment market. Together, we can exceed customer expectations for endless content with a best-in-class experience throughout Brazil.”
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 and for the second quarter of fiscal 2022 on May 24, 2022.