JERSEY CITY, NJ / ACCESSWIRE / May 10, 2023 / Vubiquity, an Amdocs company, today announced that it has been selected by Spanish satellite communications operator, Hispasat, to bring compelling new digital content, including broadcast linear channels and subscription video on demand (SVOD), to its Wave OTT Plus ISP customers. Amdocs (NASDAQ:DOX) is a leading provider of software and services to communications and media companies.
Vubiquity holds relationships with hundreds of content creators and distributors around the globe, bringing the latest release content from major studios, leading independents, library classics and a host of genre-based categories to provide viewers with compelling content choices for the Wave OTT Plus offering. As part of the agreement, Vubiquity offers a full suite of content acquisition, curation, and content management services to support the platform.
Wave OTT Plus, an end-to-end wholesale solution, will allow operators and Internet access providers to offer a full OTT service to their customers and complement their current offerings. Wave OTT Plus, is part of the Hispasat Wave Video service portfolio and is expected to initially be available in Argentina, Bolivia, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, and Venezuela with additional territories being planned for the future.
"Our goal with Wave OTT Plus is to give operators and ISPs the best possible offering and experience for their customers, with a combination of premium linear TV channels and a rich on-demand service that includes the most wanted movies, series and local offerings," said Javier Izquierdo, Director of Hispasat Perú. "Our collaboration with Amdocs' Vubiquity supports our vision of providing an incredible content experience on top of a flexible business model, an approach that reduces entry barriers for our customers in Latin America."
"We're delighted to work with Hispasat to bring compelling new content to its Wave OTT Plus customers," said Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs. "As streaming and ad-based content offering competition intensifies, this agreement exemplifies how Amdocs can enable service providers to create a differentiated, B2B2C digital offering."
Amdocs' Vubiquity has established capabilities across the whole media supply chain, bringing to market video-on-demand, localization, mastering and distribution managed services using innovative and flexible technology solutions.
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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 31,000 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 $4.58 billion in fiscal 2022. For more information, visit www.amdocs.com
Redeia's satellite communications operator, HISPASAT, offers broadband and satellite connectivity solutions that include Internet access, mobility and cellular network extension, as well as other value-added propositions to governments, corporations and telecommunications operators in the Americas, Europe and North Africa. It is also a leader in the broadcasting and distribution of audiovisual content in Spanish and Portuguese, including the transmission of top-rated Direct-to-Home (DTH) and High-Definition Television (HDTV) digital platforms, as well as transport and audiovisual signal management from HISPASAT Peru's teleport in Lurin. HISPASAT, formed by companies with presence both in Spain and Latin America, where its Brazilian subsidiary HISPAMAR is located, is one of the leading companies in the world in terms of revenues in its sector and the main communications bridge between Europe and America.
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 or other global or regional events such as the COVID-19 pandemic, as well as the current inflationary environment, and the effects of these conditions on the company's clients' businesses and levels of business activity, 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, 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, 2022 filed on December 13, 2022 and our Form 6-K furnished for the first quarter of fiscal 2023 on February 13, 2023.
Amdocs Public Relations
PAN Communications for Amdocs
SOURCE: Amdocs Management Limited
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