GlobeNewswire Inc | Jan 18, 2022 08:00AM EST

January 18, 2022

JERSEY CITY, N.J., Jan. 18, 2022 (GLOBE NEWSWIRE) -- Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced that it is part of a consortium that has secured UK Government funding in an initiative designed to accelerate Open RAN deployment in the UK and globally.

The Accelerating RAN Intelligence in 5G (ARI-5G) consortium is one of several winning bids to receive funding from the UKs Department for Digital, Culture, Media and Sport (DCMS) through its Future RAN (FRANC) competition.

Led by the Telecom Infra Project (TIP), ARI-5G will validate use cases for open and disaggregated solutions with innovations in 5G power consumption, energy efficiency, and spectrum management accelerating successful and scalable commercialization over an initial 18-month period.

The consortium will implement, test and demonstrate a standards-based RAN Intelligent Controller (RIC) platform with specific applications. The project will result in proven RAN automation use cases that can be deployed in both third party and open-source RICs, providing real-world validation in a 5G SA (standalone) network.

Amdocs will leverage its RF planning, optimization and Self-Organizing Networks (SON) use case experience to deploy and demonstrate multiple analytics and optimization applications. The other ARI-5G consortium members are BT, Accelleran, AttoCore, West Midlands 5G and VIAVI Solutions.

Over the next decade Open RAN will transform the economics of mobile networks with real-time automation at its heart, said Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs. Were looking forward to contributing our RAN automation and systems integration expertise to this exciting project.

Were pleased to have Amdocs on board as part of the ARI-5G consortium, said Vishal Mathur, Global Head of Engagement, Telecom Infra Project. We look forward to them contributing their expertise in RAN automation and RAN systems integration.

UK Digital Infrastructure Minister Julia Lopez said: Our mobile networks play an increasingly crucial part in our lives and businesses, which is why we're investing 36 million in cutting-edge projects to ensure our networks are safe and secure for decades to come. I'm pleased to see such an outstanding range of innovators are now on board with FRANC as we push ahead to build a more competitive and resilient telecoms supply chain.

Supporting Resources

-- Read more about the ARI-5G consortium on the Telecom Infra Project (TIP) website -- Keep up with Amdocs news by visiting the companys website -- Follow us on Twitter, Facebook, LinkedIn and YouTube

About AmdocsAmdocs 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 28,000 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 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, 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.

Media Contacts

Michael YoudsAmdocs Public RelationsTel: +44 7855 827 038Email: michael.youds@amdocs.com

Holly AbbottBabel PR for AmdocsTel: +44 (0)7527 521057 Email: amdocs@babelpr.com / holly.abbott@babelpr.com