Amdocs Russian Deal 'Worth $180M'
The deal, first uncovered in March 2004 and won in conjunction with partner IBM Corp. (NYSE: IBM), involves the replacement of up to 180 disparate billing modules with a single, unified system (see Amdocs Scores Big in Russia and Amdocs, IBM Partner on Billing & CRM).
Amdocs admits the project is "large, and will take several years to complete," but won't put a total value on the contract. "The revenue we will recognize is a multiple of our regular deals," says an Amdocs spokesman, who adds that a "regular" deal is worth $10 million to $15 million a year.
For the full story, visit NGS.
— Ray Le Maistre, International News Editor, Light Reading