OSS News Review

Timely OSS industry news since 2002.

Home Amdocs Amdocs Acquires MX Telecom Mobile Payments and Messaging Aggregator

Amdocs Acquires MX Telecom Mobile Payments and Messaging Aggregator

Posted on March 23, 2010 Written by oss

Amdocs (NYSE: DOX), a leading provider of customer experience systems, has acquired MX Telecom Ltd. MX Telecom is a leading mobile payments and messaging aggregator with operations in Europe, United States and Australia. Under the terms of the agreement, Amdocs has acquired MX Telecom for approximately $104 million USD in cash, net of debt and cash. This announcement was made at International CTIA Wireless 2010 taking place this week.

MX Telecom will become part of Amdocs’ OpenMarket, a business of Amdocs that operates a market leading mobile transaction hub. The acquisition accelerates OpenMarket’s plans for global expansion into key markets. The joint OpenMarket MX Telecom business will provide a hosted platform to extend mobile payment and messaging capabilities through an integrated network and product portfolio.

Under the terms of the agreement, Amdocs has acquired MX Telecom for approximately $104 million USD in cash, net of debt and cash. The impact of the acquisition on Amdocs’ non-GAAP earnings per share is expected to be modestly accretive in fiscal 2010. The impact on GAAP results in fiscal 2010 will not be known until after Amdocs completes the purchase price accounting for the acquisition. Amdocs may incur a one-time acquisition-related expense in the quarter ending March 31, 2010 to account for certain costs related to the acquisition.

OpenMarket is a leading mobile transaction hub in the United States. OpenMarket provides a comprehensive set of payment, messaging and emerging services to meet mobile business needs. From the largest consumer brands to the smallest new digital content ventures, OpenMarket empowers businesses to expand their marketing initiatives and strengthen customer relationships by leveraging the mobile channel. OpenMarket provides the most direct mobile operator connections in the US market today with rapid global expansion plans. OpenMarket is a business of Amdocs. For more information, please visit www.openmarket.com.

Amdocs is the market leader in customer experience systems innovation, enabling world-leading service providers to deliver an integrated, innovative and the intentional customer experience(TM) – at every point of service. Amdocs provides solutions that deliver customer experience excellence, combining the software, service and expertise to help its customers execute their strategies and achieve service, operational and financial excellence. A global company with revenue of $2.86 billion in fiscal 2009, Amdocs has approximately 18,000 employees and serves customers in more than 60 countries around the world. For more information, visit Amdocs at www.amdocs.com.

Filed Under: Amdocs

  • OSS Companies
  • Telecom Audit
  • Telecom Consultants
  • Telecom Dictionary

Categories

  • 3GSM World Congress
  • Ace-Comm
  • Adivent
  • Aepona
  • Alcatel-Lucent
  • Allround
  • Amdocs
  • Aperto Networks
  • Argent Networks
  • ASC Telecom
  • Astellia
  • Avotus
  • Axiom Systems
  • Azure Solutions
  • BEA Systems
  • Berg Insight
  • Billing and Customer Care
  • Billing and OSS World Conference
  • BSG Clearing Solutions
  • C-COR
  • Call Detail Records
  • CAPE Technologies
  • Carrier Access Billing
  • Centina Systems
  • Cerillion Technologies
  • Clarity
  • Clarity International
  • Comarch
  • Comptel
  • Comptel Corporation
  • Comverse
  • Comviva Technologies
  • Conference Bridges
  • Convergent Billing
  • Convergent Mediation
  • Convergys
  • Cramer
  • CSG Systems International
  • CustomCall Data Systems
  • cVidya
  • Cypress Communications
  • Dimetis
  • ECtel
  • Elitecore Technologies
  • Equinox Information Systems
  • Ericsson
  • eServGlobal
  • ESKADENIA Software
  • ETI Software
  • Evolving Systems
  • First Hop
  • Formula Telecom Solutions
  • Frost and Sullivan
  • FTS
  • HickoryTech
  • HighDeal
  • HP
  • Info Directions, Inc.
  • Intec Billing
  • Interconnect Billing
  • IntraISP
  • IPTV
  • JacobsRimell
  • LHS
  • Martin Group
  • MaxBill
  • Megasoft
  • MetaSolv
  • MetraTech
  • MVNO
  • NetCracker
  • NetMotion Wireless
  • Neural Technologies
  • Openet
  • Openet Telecom
  • Operax
  • Oracle
  • Orga Systems
  • OSS Conferences
  • OSS Jobs
  • OSS Visibility Index
  • OSS/J
  • Other Telecoms
  • Plantronics
  • Portal Software
  • Pricing and Rating
  • RateIntegration
  • Redknee
  • Revenue Assurance
  • Roaming
  • Seeker Wireless
  • Service Assurance
  • Service Fulfillment
  • Sicap
  • Sigma Systems
  • Skyline Communications
  • Sonus Networks, Inc.
  • Subex
  • SunTec
  • Syndesis
  • Tango Telecom
  • Tata Communications Ltd.
  • Telarix
  • Telcordia
  • Telecom Cost Management
  • Telecom Fraud
  • TeleManagement Forum
  • Telephone Headsets
  • TeleSciences
  • TeleStrategies
  • Telrad Networks
  • TEOCO
  • Theta Networks
  • TM Forum
  • Traffix
  • Tribold
  • TTI Telecom International Ltd.
  • Veramark Technologies
  • Vibrant Solutions
  • Vodafone
  • VOIP Billing
  • VoluBill
  • VOSS Solutions
  • WeDo Technologies
  • WiMAX Forum

Our Partners

Portal of Dallas

Auto News Review
Health Plan News
Rose Bushes
SatelliteDish.Net
I Go Cars

Bad School Photos
Canonical Tag
Check A Domain

Idaho Resorts
iWannaBeFamous
Mabank Online
Stockyards
TravelXL

OSS Industry

  • About Us
  • Advertise Here
  • Call Detail Record
  • Contact Us
  • Disclaimer
  • Operational Support Systems
  • Privacy Policy
  • Terms of Use
  • Write For Us




    OSS Companies
  • ACE*Comm
  • Amdocs
  • Avotus Corporation
  • Convergys
  • cVidya
  • MaxBill


Copyright © 2025 · Focus Pro Theme On Genesis Framework · WordPress · Log in