WireSeptember 23, 2024

Amdocs' connectX platform assists the US mobile virtual network operator in powering seamless connectivity across the globe, providing an ideal solution for business travel, students studying abroad and more

AP News, Associated Press

Amdocs' connectX platform assists the US mobile virtual network operator in powering seamless connectivity across the globe, providing an ideal solution for business travel, students studying abroad and more

JERSEY CITY, NJ / ACCESSWIRE / September 23, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that Rizz Wireless, a new mobile virtual network operator (MVNO) focused on unique, individualized connectivity plans, has chosen the Amdocs connectX cloud-native SaaS (software as a service) platform to support its new digital offering that enables subscribers to enjoy uninterrupted US local connectivity while traveling internationally.

ConnectX offers a turnkey, telco-in-a-box platform powered by Amazon Web Services (AWS), facilitating the seamless, rapid integration and launch of differentiated brands and new mobile virtual network operators (MVNOs) of any size. The solution includes a comprehensive SaaS offering, featuring a catalog, subscription services management, a mobile app, integrations of local payment gateways, and network aggregators. It also delivers a complete digital customer lifecycle experience while reducing the total cost of ownership.

With Amdocs' connectX, Rizz Wireless can efficiently manage its subscriber base, offer flexible pricing plans, and ensure a seamless transition between international and domestic networks. This enables subscribers, such as business travelers and students traveling abroad, to maintain uninterrupted connectivity before they even board their flights.

"We are excited to partner with Amdocs and leverage their connectX platform to bring our vision of connected travel and local connectivity to life," said Ganpatsingh Rajput, CEO of Rizz Wireless. "Amdocs' expertise in the telecom industry, combined with their innovative connectX platform, will be instrumental in our mission to provide travelers with a hassle-free connectivity experience."

"As the MVNO market continues to innovate and create unique offerings for specific consumers, connectX simplifies the experience for MVNOs, partners, and end customers with its robust partner management and marketplace capabilities," said Anthony Goonetilleke, Group President Technology, Head of Strategy at Amdocs. "ConnectX offers MVNOs of any size seamless, unique connectivity experiences wherever their users connect, enhanced by AI and GenAI. We are thrilled to help Rizz Wireless power connected experiences for travelers around the world."

Amdocs will be demonstrating its connectX platform at TM Forum Innovate Americas, Dallas, September 24-25.

Supporting Resources

About Amdocs

Amdocs 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 approximately 29,000 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 $4.89 billion in fiscal 2023. For more information, visit www.amdocs.com.

About Rizz Wireless

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Rizz Wireless is a new MVNO dedicated to providing affordable and reliable connectivity solutions for travelers and US local customers. By offering US local connectivity before departure, Rizz Wireless simplifies the travel experience and ensures customers stay connected from the moment they land.

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 and years. 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 macro-economic conditions, prevailing level of macroeconomic, business and operational uncertainty, including as a result of geopolitical events and the COVID-19 pandemic, as well as the current inflationary environment, and the effects of these conditions on the company's customers' businesses and levels of business activity, including the effect of the current economic uncertainty and industry pressure on the spending decisions of the company's customers, 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, our ability to successfully and effectively implement artificial intelligence and Generative AI in the company's offerings and operations 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 Form 20-F for the fiscal year ended September 30, 2023 filed on December 13, 2023 and our Form 6-K furnished for the first quarter of fiscal 2024 on February 20, 2024, for the second quarter of fiscal 2024 on May 20, 2024, and for the third quarter of fiscal 2024 on August 19, 2024.

Media Contacts

Michael Zema

Amdocs Public Relations

E-mail: mzema@amdocs.com

Emily Holt

PAN Communications for Amdocs

Email: amdocs@pancomm.com

SOURCE: Amdocs Management Limited

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