Amdocs Selected By Magyar Telekom To Modernize Core Business Support Systems Including Billing, Convergent Charging And Product Catalog; Terms Not Disclosed

Under the multi-year agreement, Amdocs will deliver a comprehensive transformation program spanning a billing upgrade, convergent charging modernization and catalog transformation. The program will simplify Magyar Telekom's technology environment and provide a modern foundation to introduce new products and services faster, improve operational efficiency and support its long-term digital transformation strategy.

As part of the program, Amdocs will modernize Magyar Telekom's billing and charging environment and transform its existing Master Enterprise Catalog into CatalogONE, Amdocs' next-generation product catalog platform, creating a modern foundation for product and offer management. This will help Magyar Telekom reduce complexity across its billing, charging and product management domains, accelerate time to market for new offers, support greater flexibility in product and service configuration, and strengthen scalability and readiness for future 5G and digital services.