GlobeNewswire Inc | Jul 27, 2020 06:00AM EDT

July 27, 2020

One of the largest consolidations across the globe

Consolidation of Vodafone Ideas customers enables the speedy introduction of new services, innovative price plans, bundling and operational efficiencies

ST. LOUIS and NEW DELHI, India, July 27, 2020 (GLOBE NEWSWIRE) -- Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, and Vodafone Idea Ltd. (VIL), a leading telecommunications services provider, today announced the successful migration of Idea postpaid customers to Amdocs digital monetization system. One of the worlds larger and more complex postpaid migrations, the consolidation will offer improved customer service and digital experiences to Vodafone Ideas customers. Most of the migrations were achieved while working remotely during the global lockdown, using new methodologies, best-in-class practices and various collaboration and deployment tools.

VIL in partnership with Amdocs mobilized the data flow management for the consolidation of its digital business systems, to further improve the business agility and simplify operations.

Speaking on the announcement, Vishant Vora, Chief Technology Officer, Vodafone Idea said: Were delighted to have partnered with Amdocs to complete the consolidation of Idea and Vodafone postpaid customers without any business disruption. The partnership will enable VIL to further modernize, automate, and digitize operations, thereby providing an enhanced customer experience to our postpaid customer base.

In todays ever-changing business environment, its important for service providers to focus on customer experience and win their loyalty, said Gary Miles, Chief Marketing Officer, Amdocs. VIL values customer centricity and understands the importance of digital transformation in providing improved customer service and digital experience. Were proud to have partnered with VIL for the migration of customers to the Amdocs digital monetization system, which will further ensure streamlined and improved operations for the merged entity.

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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 25,000 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 $4.1 billion in fiscal 2019. 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, the duration and severity of theCOVID-19pandemic, 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, adverse effects of market competition, rapid technological shifts that may render the Companys 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, Amdocs 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 Form20-Ffor the fiscal year ended September30, 2019 filed on December16, 2019 and our Form6-Kfurnished for the first quarter of fiscal 2020 on February18, 2020 and for the second quarter of fiscal 2020 on May 18, 2020.

Media Contact:

DeepshikhaAmdocs Public RelationsTel: +91-9718024780E-mail: deepshik@amdocs.com