Rogers signs multi-year contract with Amdocs
Rogers Communications announced it has signed a multi-year contract with Amdocs.
Rogers will use Amdocs’ CES 7.5 products and services to create an enterprise-wide ordering, billing and service management platform to support its quad-play product offering.
The new agreement builds on a 10-year relationship between the two companies. Amdocs Billing has supported Rogers’ wireless operations, and Amdocs recently completed one of the industry’s first quad-play CRM deployments to support Rogers’ consumer and corporate customers.
Amdocs said yesterday that its fiscal first-quarter earnings dropped 22 percent, partially due to service carriers delaying new projects and cutting back on their spending.
Amdocs had a profit of $74.2 million, or 35 cents per share, for the three months ended Dec. 31, compared with $95.7 million, or 44 cents per share, in the same quarter last year.
"The first quarter of fiscal 2009 was a difficult start for Amdocs as macroeconomic conditions continued to worsen and sales cycles lengthened across our business," Dov Baharav, the company's chief executive, said in a statement. "Service providers reacted more quickly than we expected as the quarter progressed by reducing their spending and delaying some new projects.
“Additionally, foreign exchange remains a headwind in fiscal 2009, and was slightly more of a drag on revenue in the first quarter than we had anticipated. As a result, our revenue in the first quarter was up only 1.6 percent over the prior year's first quarter and we are disappointed with this relative to our expectations.”
Amdocs projected fiscal second-quarter adjusted earnings of 47 cents to 51 cents on sales of $700 million to $720 million.
More Broadband Direct: