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Home Press Release Accesswire

VEON and Amdocs Enter 10-Year Strategic Agreement to Advance Digital Services powered by Amdocs’ AI technology

October 7, 2026
in Accesswire, Artificial Intelligence
Reading Time: 11 mins read
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The ag eeme t pai s QazCode’s expe tise a d tech ology with Amdocs aOS, mode izi g VEON’s tech ology ope atio s a d accele ati g its digital ope ato st ategy

DUBAI, AE AND ALMATY, KZ AND JERSEY CITY, NJ / ACCESS Newswi e / Octobe 7, 2026 / VEON Ltd. (“VEON”), a global digital ope ato , a d Amdocs (NASDAQ:DOX), a leadi g p ovide of softwa e a d se vices to commu icatio s a d media compa ies, today a ou ced a 10-yea st ategic ag eeme t. U de the ag eeme t, Amdocs will u a d co ti uously mode ize VEON’s co e tech ology ope atio s, accele ate its st ategy as a digital ope ato , a d p ovide lo g-te m cost p edictability ac oss its IT ope atio s i Eu asia. Amdocs will utilize ce tai QazCode i tellectual p ope ty ights, leve agi g QazCode’s tech ology expe tise, which will be i teg ated i to Amdocs aOS, a age tic ope ati g system pu pose-built fo telecommu icatio s.

“Digital a d AI se vices a e a i c easi gly impo ta t pa t of how we se ve ou custome s, al eady accou ti g fo about 27% of VEON’s G oup eve ue, a d that co t ibutio keeps g owi g,” said Kaa Te zioğlu, Chief Executive Office of VEON. “QazCode has helped us build the tech ology a d tale t to b i g bette digital expe ie ces to the millio s of people who ely o us eve y day, a d adopti g Amdocs’ aOS capabilities is a atu al ext step i that jou ey. Ou st ategic pa t e ship with Amdocs c eates a st o g fou datio to keep imp ovi g people’s lives th ough digital a d AI i ovatio ove the ext decade.”

“VEON is o e of the most ambitious digital ope ato s i ou i dust y, a d exactly the ki d of pa t e we built aOS, the age tic ope ati g system specialized fo telco, fo . With aOS, Amdocs will help t a sfo m VEON’s ope atio s, custome expe ie ces a d digital se vices th ough ve ticalized, telco-specific AI, adva ci g its evolutio towa d i tellige t age tic auto omy. VEON’s t ust i Amdocs to lead this jou ey eflects ou sha ed ambitio to shape the ext e a of the digital ope ato . This ag eeme t also expa ds Amdocs’ p ese ce i Kazakhsta , Uzbekista a d the wide Eu asia egio , whe e we see sig ifica t oppo tu ity,” said A tho y Goo etilleke, G oup P eside t, New G owth Ho izo s at Amdocs.

About VEON

VEON is a digital ope ato that p ovides co ectivity a d digital se vices to ove 150 millio co ectivity custome s a d mo e tha 228 millio digital custome s. Ope ati g ac oss five cou t ies that a e home to mo e tha 6% of the wo ld’s populatio , VEON is t a sfo mi g lives th ough tech ology-d ive se vices that empowe i dividuals a d d ive eco omic g owth. VEON is listed o NASDAQ. Fo mo e i fo matio , visit: https://www.veo .com.

About QazCode

QazCode is o e of the leadi g AI compa ies a d the exclusive digital pa t e of Beeli e Kazakhsta . The compa y is pa t of the VEON g oup, which is listed o the Nasdaq stock excha ge. The compa y has ove 750 employees with 8 yea s of expe ie ce i softwa e developme t fo the telecom a d IT ma kets with a deep u de sta di g of busi ess a d tech ology. The solutio po tfolio i cludes the developme t of p ivate La ge La guage Models (LLM) with a focus o data secu ity, p ocess optimizatio th ough Agile methodologies, full-cycle impleme tatio of Busi ess Suppo t Systems (BSS), a d IT outsou ci g fo effective p oduct developme t, team expa sio , a d p oject ma ageme t to help accele ate time to ma ket. The compa y al eady ope ates i Ce t al Asia, Eu ope, a d the Middle East, a d is actively expa di g its p ese ce i ew ma kets.

About Amdocs

Amdocs helps the wo ld’s leadi g commu icatio s a d media compa ies delive exceptio al custome expe ie ces th ough eliable, efficie t, a d secu e ope atio s at scale. We p ovide softwa e p oducts a d se vices that embed i tellige ce i to how wo k u s ac oss busi ess, IT, a d etwo k domai s – delive i g measu able outcomes i custome expe ie ce, etwo k pe fo ma ce, cloud mode izatio , a d eve ue g owth. With ou tale ted people, a d mo e tha 40 yea s of expe ie ce u i g missio -c itical systems a ou d the globe, Amdocs u s billio s of t a sactio s daily. Ou tech ology is elied o eve y day, co ecti g people wo ldwide a d adva ci g a mo e i clusive, co ected wo ld. Togethe , we help those who shape the futu e to make it amazi g. Amdocs is listed o the NASDAQ Global Select Ma ket (NASDAQ:DOX) a d epo ted eve ue of $4.53 billio i fiscal 2025. Fo mo e i fo matio , visit www.amdocs.com.

VEON’s Fo wa d-Looki g Stateme t

This elease co tai s “fo wa d-looki g stateme ts”, withi the mea i g of the Sectio 27A of the U.S. Secu ities Act of 1933, as ame ded, a d Sectio 21E of the U.S. Secu ities Excha ge Act of 1934, as ame ded. Such fo wa d-looki g stateme ts i clude, but a e ot limited to, stateme ts elati g to closi g of the Amdocs t a sactio a d ou st ategic ambitio s. The e a e ume ous isks, u ce tai ties that could cause actual esults a d pe fo ma ce to diffe mate ially f om those exp essed by such stateme ts, i cludi g isks elati g to the closi g of the Amdocs t a sactio a d ou st ategic ambitio s, amo g othe s discussed i the sectio e titled “Risk Facto s” i VEON’s 2025 Fo m 20-F filed with the SEC o Ma ch 16, 2026 a d othe public fili gs made by VEON with the SEC. The fo wa d-looki g stateme ts co tai ed he ei speak o ly as of the date of this elease a d VEON disclaims a y obligatio to update them, except as equi ed by law.

Amdocs’ Fo wa d-Looki g Stateme t

This p ess elease i cludes i fo matio that co stitutes fo wa d-looki g stateme ts made pu sua t to the safe ha bo p ovisio of the P ivate Secu ities Litigatio Refo m Act of 1995, i cludi g stateme ts about Amdocs’ g owth a d busi ess esults i futu e qua te s a d yea s. Although we believe the expectatio s eflected i such fo wa d-looki g stateme ts a e based upo easo able assumptio s, we ca give o assu a ce that ou expectatio s will be obtai ed o that a y deviatio s will ot be mate ial. Such stateme ts i volve isks a d u ce tai ties that may cause futu e esults to diffe f om those a ticipated. These isks i clude, but a e ot limited to, the effects of ge e al mac oeco omic co ditio s, p evaili g level of mac oeco omic, busi ess a d ope atio al u ce tai ty, i cludi g as a esult of geopolitical eve ts o othe egio al eve ts o pa demics, cha ges to t ade policies i cludi g ta iffs a d t ade est ictio s, as well as the cu e t i flatio a y e vi o me t, a d the effects of these co ditio s o the Compa y’s custome s’ busi esses a d levels of busi ess activity, i cludi g the effect of the cu e t eco omic u ce tai ty a d i dust y p essu e o the spe di g decisio s of the Compa y’s custome s. Amdocs’ ability to g ow i the busi ess ma kets that it se ves, Amdocs’ ability to successfully i teg ate acqui ed busi esses, adve se effects of ma ket competitio , apid tech ological shifts that may e de the Compa y’s p oducts a d se vices obsolete, secu ity i cide ts, i cludi g b eaches a d cybe attacks to ou systems a d etwo ks a d those of ou pa t e s o custome s, pote tial loss of a majo custome , ou ability to develop lo g-te m elatio ships with ou custome s, ou ability to successfully a d effectively impleme t a tificial i tellige ce a d Ge e ative AI i the Compa y’s offe i gs a d ope atio s, a d isks associated with ope ati g busi esses i the i te atio al ma ket. Amdocs may elect to update these fo wa d-looki g stateme ts at some poi t i the futu e; howeve , Amdocs specifically disclaims a y obligatio to do so. These a d othe isks a e discussed at g eate le gth i Amdocs’ fili gs with the Secu ities a d Excha ge Commissio , i cludi g i ou A ual Repo t o Fo m 20-F fo the fiscal yea e ded Septembe 30, 2025, filed o Decembe 15, 2025, fo the fi st qua te of fiscal 2026 o Feb ua y 17, 2026, fo the seco d qua te of fiscal 2026 o May 26, 2026 a d fo the thi d qua te of fiscal 2026 o August 18, 2026.

Media Co tacts

VEON[email p otected]

AmdocsSwati Sha ma[email p otected]

SOURCE: Amdocs Ma ageme t Limited

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