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MobiFone Launches Saymee, a Gen Z-Focused Digital Brand, with Amdocs connectX

1. Amdocs' connectX platform supports MobiFone's new Gen Z brand, Saymee. 2. Saymee offers features like free GPT chat and loyalty programs. 3. ConnectX enhances MobiFone's operational efficiency and customer experiences. 4. Amdocs reported revenue of $5 billion in fiscal 2024. 5. Market demand for digital services is expected to rise significantly.

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Why Bullish?

The partnership with MobiFone showcases Amdocs' growing influence in emerging markets. Historical trends show that partnerships like this often boost stock prices for tech firms.

How important is it?

The significance stems from both the immediate revenue opportunity and long-term brand establishment in the digital telecom sector.

Why Long Term?

As global telecom operators increasingly adopt SaaS solutions, Amdocs could see sustained revenue growth. Similar long-term partnerships have previously resulted in consistent revenue increases.

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Amdocs' connectX platform empowers the Vietnamese telecom operator to deliver tailored digital experiences for the tech-savvy young generation Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that MobiFone, a leading mobile network operator in Vietnam, has launched its new digital brand, Saymee, tailored for Gen Z subscribers, powered by the Amdocs connectX cloud-native SaaS (software as a service) platform.Saymee is a new digital offering and network from MobiFone specifically targeting Gen Z with features like free GPT chat, loyalty program, and more. Leveraging connectX, MobiFone can accelerate the launch of new offers on Saymee, enhance operational efficiency, and simplify customer journeys and management of multiple mobile subscription plans. This enables MobiFone to support the ever-changing requirements of young subscribers and manage the dynamic demands of the mobile virtual network operator (MVNO) market.ConnectX offers a turnkey "telco-in-a-box" platform powered by Amazon Web Services (AWS), which enables telcos and MVNOs to launch flexible and versatile digital services rapidly. The solution includes a comprehensive SaaS offering, featuring a catalog, subscription services management, a mobile app, and integration of local payment gateways and network aggregators."A top priority for telcos is to create and launch standout brands that deliver elevated user experiences, drive business growth and boost profitability," said Anthony Goonetilleke, Group President of Technology, Head of Strategy at Amdocs. "ConnectX is an AI-native telco-in-a-box solution with robust features that enables telcos to craft a complete digital offering with flexibility and minimum risks. We are excited to support MobiFone in designing and delivering unique experiences specifically designed for the digitally savvy young generation."Supporting ResourcesKeep up with Amdocs news by visiting the company's websiteFollow us on X, Facebook, LinkedIn and YouTubeAbout AmdocsAmdocs 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.comAmdocs' Forward-Looking StatementThis 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, and for the second quarter of fiscal 2025 on May 19, 2025.Media Contacts -Swati SharmaAmdocs Public RelationsE-mail: [email protected]SOURCE: Amdocs Management Limited

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