Benzinga | Nov 17, 2021 08:24AM EST

Amdocs Reports Melita Selected Co. To Expand Its Product Range, No Terms Disclosed

Malta-based telecoms operator Melita Limited has extended its relationship with Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, in an agreement that will enable Melita to expand its range of IoT and 5G offerings for both consumer and business customers.

Under the deal, Amdocs is providing charging solutions to help Melita create differentiated services and business models leveraging Melita's 5G network. Amdocs will also deliver additional improvements to Melita's customer data management, systems security, quality engineering and work allocation systems, as well as support Melita's international expansion in Italy, where it provides internet services and in Germany, where its melita.io platform provides IoT solutions.

Harald Roesch, CEO at Melita Limited, said: "Melita continues to lead the way when it comes to innovation in Malta's telecoms sector, a key factor in attracting new investment and sustaining economic growth. Having been the first company to provide 1,000Mbps internet, 5G and IoT networks across Malta -- which has one of the most advanced telecoms infrastructures in Europe -- we're now working with Amdocs to develop, launch and monetize a new generation of products and services for consumers and enterprises. In particular, we're looking forward to enabling our business customers to harness the power of IoT and drive innovation across multiple industries."

Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs, said: "We're pleased to be renewing and extending our relationship with Melita. After a decade of partnership, we are committed to providing the company with the tools it needs to drive its business forward, unleashing the full potential that 5G and IoT offer for the benefit of consumers, enterprises and society at large."

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