London
16 °C
Manchester
Glasgow
Dublin
12 °C
Belfast
14 °C
Washington
Denver
Atlanta
Dallas
33 °C
Houston Texas
New Orleans
El Paso
38 °C
Phoenix
Los Angeles
23 °C
28 °C
19 °C
17 °C
13 °C
CKH Innovations Opportunities Development Selects Amdocs MarketONE to Enhance its Telco Group's Digital Service Offerings
NYSE - LSE
| RBGPF | 1.7% | 73.08 | $ | |
| RELX | -2.2% | 48 | $ | |
| VOD | 0.88% | 11.36 | $ | |
| NGG | -1.51% | 71.01 | $ | |
| RIO | 1.76% | 61.86 | $ | |
| GSK | 0.58% | 37.8 | $ | |
| RYCEF | -0.14% | 14.42 | $ | |
| CMSC | 0.39% | 23.05 | $ | |
| SCU | 0% | 12.72 | $ | |
| BP | -0.15% | 34.14 | $ | |
| CMSD | 0.25% | 23.58 | $ | |
| AZN | -0.69% | 73.55 | $ | |
| BCC | -1.34% | 82.09 | $ | |
| SCS | -0.76% | 15.88 | $ | |
| JRI | 0.19% | 13.435 | $ | |
| BCE | 2.34% | 24.35 | $ | |
| BTI | 0.96% | 57.24 | $ |
CKH Innovations Opportunities Development Selects Amdocs MarketONE to Enhance its Telco Group's Digital Service Offerings
By addressing key challenges such as partner management, subscription fatigue, and customer retention, Amdocs MarketONE equips participating CK Hutchison telco companies to grow their digital ecosystem and capture new revenue streams, while delivering enhanced experiences to their customers
JERSEY CITY, NJ / ACCESS Newswire / May 7, 2025 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that CKH Innovations Opportunities Development (CKH IOD) has selected Amdocs' MarketONE solution to extend its capabilities when partnering with digital subscription services. This collaboration will empower participating operating companies (OpCos), including prominent telecommunications providers like Wind Tre Italy and Three Ireland, to launch additional entertainment and digital services alongside their core connectivity offerings, providing a one-stop-shop direct electronic commerce platform for digital subscriptions that deliver seamless convenience and flexibility to end users.
By integrating Amdocs MarketONE, CKH IOD can deliver a super-aggregated digital subscription experience via a MarketONE storefront, that includes deep-linked entertainment, cloud, gaming, productivity tools, and 5G-powered services. This move will enable participating OpCos to cater to growing consumer demand for a streamlined way to manage multiple subscription services under one provider.
With the global digital subscription sector projected to grow significantly - from $311 billion in 2023 to $559 billion by 2026, according to Juniper Research - this alliance positions CKH IOD at the forefront of the telecom industry's shift towards digital transformation.
"We are thrilled to collaborate with Amdocs to bring Three Ireland and Wind Tre customers a comprehensive, hassle-free subscription experience and a rich catalogue of services," said Francesco Zampini, Director of Devices and Digital Products and Services at CKH IOD. "This partnership will allow us to unlock additional value for our OpCos by effectively bundling and distributing a compelling portfolio of digital products and subscriptions in conjunction with our core connectivity offers. As consumer expectations evolve, we're committed to providing a truly convenient and engaging experience to our customers through a Group platform that simplifies subscription management and enables personalized dynamic propositions, contextual marketing, and multi-channel touchpoints."
"Removing friction for both partners and end users is key to the next wave of subscriber growth and retention," said Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs. "Our MarketONE platform simplifies subscription processes end-to-end, from partner onboarding to end-user experiences, and will ensure CK Hutchison will be able to quickly scale third-party partnerships, while also delivering exceptional service and innovative offerings to their subscribers."
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 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 $5.00 billion in fiscal 2024. For more information, visit www.amdocs.com
About CKH Innovations Opportunities Development
CKH Innovations Opportunities Development is the international development hub of CK Hutchison Group Telecom (CKHGT), which operates mobile networks in Italy, the UK, Sweden, Denmark, Austria, Ireland, Hong Kong, and Macau. CKHGT is also part of the wider CK Hutchison Group with mobile assets also in Indonesia, Vietnam and Sri Lanka. For more information, visit https://ckhiod.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 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 macroeconomic conditions, prevailing level of macroeconomic, business and operational uncertainty, including as a result of geopolitical events or other regional events or pandemics, changes to trade policies including tariffs and trade restrictions, 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, security incidents, including breaches and cyberattacks to our systems and networks and those of our partners or customers, 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, 2024, filed on December 17, 2024, and our Form 6-K furnished for the first quarter of fiscal 2025 on February 18, 2025.
Media Contacts
Mario Hajiloizi
Amdocs Public Relations
E-mail: [email protected]
Katie Owen
Babel PR for Amdocs
Tel: +44 (0) 7490 131475
Email: [email protected] / [email protected]
SOURCE: Amdocs Management Limited
View the original press release on ACCESS Newswire
M.Johnson--SMC
