GlobeNewswire Inc | Dec 1, 2020 06:00AM EST

December 01, 2020

ST. LOUIS, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, and Telefnica Movistar Chile, a privately held subsidiary of Spanish telecom giant Telefnica, today announced a multi-year extension and expansion of their strategic partnership. This is happening with Telefnica Movistar Chiles launch of Amdocs cloud-based, digital eSIM management solution that builds on . The partnership continues to advance and strengthen Telefnica Movistar Chiles growth and transformation initiatives.

Telefnica Movistar Chile has re-affirmed its relationship with Amdocs by signing a multi-year agreement for extension of existing managed services and expanding to now also include copper-based wireline services. As a result, the Amdocs-based digital platform will extend its support to Telefnica Movistar Chiles wireless and wireline services (FTTx/IPTV /FWT/LTE/copper) for all of its B2C and B2B customers. Amdocs SaaS-based eSIM platform is pre-integrated with leading eSIM device manufacturers, providing simple and intuitive eSIM activation and digital lifecycle management while lowering TCO.

In todays digital world, we continue to transform to meet the evolving needs of our customers. As such, were excited with the launch of eSIM-enabled Apple Watch GPS + Cellular and iPhones devices to our 10+ million consumers. Having a strong focus on enhancing digital lifestyle is important for us to quickly bring our customers the latest advancements from watches to wearables and all the possibilities of future IoT devices, said Antonio Bueno, CTO of Telefnica Movistar Chile.

Telefnica Movistar Chile is a digital pioneer, focused on agility and outstanding customer experience, said Gil Rosen, CMO of Amdocs and general manager of amdocs:next. With one of the most advanced, SaaS-based eSIM platforms in the market, Amdocs is supporting the industry and leaders, such as Telefnica Movistar Chile, as it moves to an all-digital experience and gains faster time to market as more and more new mobile devices hit the market and IoT manufacturers adopt the eSIM standard.

Supporting Resources

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About Amdocs

Amdocs purpose is to enrich lives and progress society, using creativity and technology to build a better connected world. Amdocs and its 26,000 employees partner with the leading players in the communications and media industry, enabling next-generation experiences in 85 countries. Our cloud-native, open and dynamic portfolio of digital solutions, platforms and services brings greater choice, faster time to market and flexibility, to better meet the evolving needs of our customers as they drive growth, transform and take their business to the cloud. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $4.2 billion in fiscal 2020. For more information, visit Amdocs at www.amdocs.com.

Amdocs Forward-Looking StatementThis 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, the duration and severity of the COVID-19 pandemic, and its impact on the global economy, Amdocs ability to grow in the business markets that it serves, Amdocs ability to successfully integrate acquired businesses including Openet, 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, 2019 filed on December 16, 2019 and our quarterly Form 6-K furnished for the first quarter of fiscal 2020 on February 18, 2020 the second quarter of fiscal 2020 on May 18, 2020 and the third quarter of fiscal 2020 on August 17, 2020.

Media Contact:

Linda HoriuchiAmdocs Public RelationsTel: +1 (646) 581-2568E-mail: linda.horiuchi@amdocs.com

Amdocs

1390 Timberlake Manor Parkway t: +1-314-212-7000Chesterfield, MO 63017 f: +1-314-212-7500USA www.amdocs.com