Amdocs Ltd. (DOX - Free Report) , a leading provider of customer relationship management and billing software to communications service providers, has recently launched three new solutions for network-based service providers, namely, Small Cell Solution, Smart Net Solution and Policy and Charging Control (PCC).
Amdoc’s Small Cell Solution will facilitate network service providers to install nearly 1,000 small cell sites each month at a minimal cost. Smart Net Solution will help to drive revenues by reducing data traffic through Wi-Fi technology, thereby improving customer satisfaction.
PCC offers logistic and monitoring solutions to the service providers either by formulating different policies or conducting deep packet inspection. Moreover, inline monetization and formulating different charges for the customers are also part of this program.
Recently, the company won several major contracts, comprising two in the emerging markets of Brazil and Indonesia and one in the economically volatile Europe.
Amdocs’ business opportunity in the U.S. is more visible after stabilization of businesses with AT&T Inc. (T - Free Report) and renewal of long-term contracts with several leading telecom and cable TV operators like Comcast Corp. (CMCSA - Free Report) . Moreover, it has also signed a 5-year global managed services agreement with Vodafone Group plc. (VOD - Free Report) . The new deal will help the carrier to optimize its customer care and billing activities.
In the recently concluded quarter, the bottom line of Amdocs was in line with the Zacks Consensus Estimate but the top line missed the same. The company is performing well in the North American market and the emerging markets of Southeast Asia and Latin America.
Amdocs currently has a Zacks Rank #2 (Buy).