BURBANK, CA — December 11, 2018 — Vubiquity, an Amdocs (NASDAQ: DOX) company and one of the leading global providers of premium content services and media technology solutions, today announced a multi-year deal with Discover Digital to provide new and exclusive international plus local content throughout the African continent, starting with TelOne DEOD (Digital Entertainment On Demand) in Zimbabwe.
The deal encompasses two tiers of subscription content on the Discover DigitalService; On Demand and DEOD Premium that covers an extensive mix of content, including music videos. It also includes transactional titles from six major Hollywood studios available on a rent-by-title basis.
Discover Digital provides and manages solutions which uniquely offer combined payment channels, enabling customers to subscribe, buy or rent through mobile money platforms and vouchers from any TelOne outlet.
TelOne Zimbabwe is the largest telecommunications entity in Zimbabwe and has the second largest fixed-line network in southern Africa. The new service will offer TelOne customers flexibility to consume content via a number of different payment channels making it an affordable and accessible streaming service.
Darcy Antonellis, Head of Amdocs Media and CEO of Vubiquity said: “We are absolutely delighted to be working with Discover Digital and TelOne on this important and exciting new venture. The African video market remains highly dynamic and is growing; we are pleased to contribute to and support this positive trajectory. This deal builds on Vubiquity’s global experience, and further establishes us as the first-choice content and VOD partner in emerging markets.”
Stephen Watson, Discover Digital International Director, said “Launching the TelOne DEOD service in Zimbabwe is yet another key milestone for our long-term, strategic partnership with Vubiquity. Launching a service with a strong foundation of international premium content enables TelOne to start with a qualitative content base, upon which we can build. Having the trust and valued input of Vubiquity as we continue to grow our DEOD service internationally is an essential enabler for our telecommunications and broadcast partners in accelerating their OTT video offerings.”
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VUBIQUITY, part of Amdocs (NASDAQ: DOX), connects content owners and video providers to deliver entertainment to viewers on any screen. Working with 600+ leading film studios, television networks, independent producers and Digital First providers, VUBIQUITY brings premium content to over 1,000 global video distributors. VUBIQUITY has offices in Los Angeles, Toronto and London. For the latest company news, follow us on Twitter @VUBIQUITY or visit www.vubiquity.com.
Amdocs is a leading software and services provider to communications and media companies of all sizes, accelerating the industry’s dynamic and continuous digital transformation. With a rich set of innovative solutions, long-term business relationships with 350 communications and media providers, and technology and distribution ties to 600 content creators, Amdocs delivers business improvements to drive growth. Amdocs and its 25,000 employees serve customers in over 85 countries. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $4.0 billion in fiscal 2018. 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, 2018 filed on December 10, 2018 and our quarterly 6-K form furnished on February 12, May 21, August 13, and November 9, 2018.