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Hungarian operator expands collaboration with Amdocs to modernize its policy control platform to accelerate ability to introduce new 5G services and enhance customer experience
JERSEY CITY, NJ / ACCESSWIRE / February 6, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that Magyar Telekom, one of Hungary's leading telecommunication operators, has selected the next-generation Amdocs Policy to modernize their Policy and Charging Control function and capture the opportunities of the 5G era.
Under the terms of the multi-year agreement, Amdocs will deploy its fully cloud-native policy control platform, providing Magyar Telekom with a single convergent platform for both Policy and Charging Rules Functionacross 4G and 5G networks. With its microservices-based architecture ensuring flexibility, scalability, and adherence to the latest industry standards, the Amdocs platform will enable Magyar Telekom to deliver top-line new 5G services to its customers at faster speeds and with a seamless experience.
"Amdocs is already our billing partner, and this expanded relationship will provide us with maximum flexibility for cost-efficient monetization, encompassing both legacy network services and new 5G models," said László Bóka, Platform and Core Services Tribe Lead, at Magyar Telekom. "This collaboration will allow us to accelerate our innovative services, ensuring our customers benefit from the best-in-class solutions across our expanding 5G network, which now covers over 65 percent of Hungary."
"We're thrilled to extend our partnership with Magyar Telekom," said Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs. "Our policy platform will provide Magyar Telekom with the flexibility they need when building monetization models in the 5G era, while enabling operational benefits based on zero-touch operations, configurability, and scalability."
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