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Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that Virgin Media O2, one of the United Kingdom's leading communications service providers, is collaborating with Amdocs to broaden the range of streaming services available to Virgin Media O2 customers.
Through the collaboration, Virgin Media O2 will expand its offering to include new streaming, gaming, health, lifestyle and security services following a rapid, standardized approach. According to recent research from Statista, the subscription model has gained popularity among UK consumers, particularly 25-54-year-olds, who prefer the convenience of paying a single fee, under one contract and having access to a wide range of content.
"Service providers like Virgin Media O2 understand that platforms not only improve experience and flexibility for their customers but bring new and expansive service offerings to market more quickly and efficiently," said Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs. "With Amdocs Subscription Marketplace, Virgin Media O2 will be able to better meet the dynamic demands of today's consumers and drive increased customer lifetime value (CLTV), while also ensuring they remain at the forefront of innovation and customer satisfaction."
David Bouchier, Chief TV and Entertainment Officer at Virgin Media O2, said: "We're always looking to enhance our customers' experience and meet their evolving needs. By broadening our offering with new sources of entertainment across mobile, broadband and TV, our customers will be able to manage their subscriptions and unlock new digital services all in one, convenient place."
Through Amdocs' end-to-end digital services Virgin Media O2 customers will be able to manage their streaming subscriptions in one place seamlessly, wherever and whenever via their TV, mobile and PC.
Posted In: DOX
