Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies today announced a multi-year managed services agreement with Telefónica Chile S.A. and Telefónica Moviles Chile S.A., companies operated by Millicom in Chile, marking a significant milestone in the companies' strategic relationship and establishing a foundation for broader collaboration opportunities across the region.

Under the agreement, Millicom's operations in Chile will leverage Amdocs' full-stack business support systems and operations support systems, supported by AI-driven application management, operations services, and software factory expertise. Together, these capabilities will accelerate the delivery of enhancements, new functionality and change requests, help Millicom streamline technology operations, and respond more quickly to evolving business and customer needs.