True Corporation Achieves Impressive Market Growth from Convergence Powered by Amdocs Converged Multiplay Solution

Press Release Jan 24 2018
Amdocs Converged Multiplay solution enables True to introduce innovative service bundles and improve customer engagement and experience, providing True a foundation for even stronger growth in their consumer and enterprise businesses

ST. LOUIS - Jan 24, 2018 -  Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced the successful completion of its billing transformation program in partnership with True Corporation, enabling True to reinforce its position as Thailand’s leading convergence lifestyle service provider.

The transformation, which includes the deployment of Amdocs Converged Multiplay solution, provides True with a single convergence multiplay service platform that supports both consumers and enterprises across all postpaid lines of business. It enables True to quickly launch multiplay bundled services, combining traditional telecom services such as fixed voice, fixed broadband, pay TV and mobile with innovative new digital services and content.

“We are committed to implementing new ideas, together with bringing quality products and services to our customers, while continually setting new benchmarks for customer experience,” said Khun Pichit Thanyodom, IT Director at True Corporation. “Amdocs Converged Multiplay solution is a key platform that enables us to achieve this objective. It allows us to provide a large choice of bundled packages and quickly launch and monetize innovative services, while providing a single bill for all services – all of which improves customer experience and engagement.”

“True is focused on providing its customers with compelling combinations of digital content and services,” said Gary Miles, chief marketing officer at Amdocs. “Our solution provides an agile and contextual way of bundling multiplay and digital services in exciting new combinations, enabling a larger variety of choices for both consumers and enterprises. This means that True can deliver a superior customer experience and continue to grow rapidly in a highly competitive market. Completion of the billing transformation program also further enables Amdocs to bring innovative new business ideas to our partner True.”

Supporting Resources

About Amdocs
Amdocs is a leading software and services provider to the world’s successful communications and media companies.  As our customers reinvent themselves, we enable their digital and network transformation through innovative solutions, delivery experience and intelligent operations.  Amdocs and its 25,000 employees serve customers in over 85 countries. Listed on the NASDAQ Global Select Market, Amdocs (NASDAQ: DOX) had revenue of $3.9 billion in fiscal 2017.  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 the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2017 filed on December 11, 2017.

Media Contacts:

Shashi Shekhar Pandey
Amdocs Public Relations
Tel: +91 7838291362
E-mail: shashi.pandey@amdocs.com