Amdocs Collaborates With Virgin Media O2 To Enhance Access To Streaming Services
Portfolio Pulse from Benzinga Newsdesk
Amdocs (NASDAQ:DOX) has announced a collaboration with Virgin Media O2 to enhance the range of streaming services available to Virgin Media O2 customers in the UK. This partnership aims to expand offerings to include new streaming, gaming, health, lifestyle, and security services. The collaboration leverages Amdocs Subscription Marketplace to meet the dynamic demands of consumers, aiming to increase customer lifetime value and ensure innovation and customer satisfaction.
May 08, 2024 | 9:32 pm
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Amdocs' collaboration with Virgin Media O2 to expand streaming and digital service offerings in the UK could enhance its market position and potentially lead to increased revenue from this partnership.
The collaboration with Virgin Media O2 is directly related to Amdocs' core business of providing software and services to communications and media companies. By expanding the range of services offered to Virgin Media O2 customers, Amdocs is likely to see an increase in usage of its Subscription Marketplace, which could lead to higher revenues. The partnership also positions Amdocs favorably in a competitive market, potentially increasing its market share and customer lifetime value.
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