Amdocs Discloses Legal Dispute with T-Mobile
Amdocs Limited has reported an escalating legal dispute with T-Mobile, leading to a significant downward revision in its fiscal 2027 guidance.
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Bank of America Adds T-Mobile to 'Value 10' Portfolio
Bank of America Securities has added T-Mobile US, Inc. to its 'Value 10' investment portfolio for November.
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Amdocs: 3 Key Takeaways for Long-Term Investors
Amdocs signed an 8-year strategic agreement with AT&T to deploy its new AI-powered Agentic Operating System and acquired insurance software company EIS for $340 million to diversify beyond telecommunications. However, a legal dispute with T-Mobile, a key customer, has forced management to issue conservative guidance with fiscal 2027 revenue expected to decline 7-11% pro forma. The company expects recovery in fiscal 2028 with mid-single-digit revenue growth.
T-Mobile and Amdocs Engage in Legal Dispute Over Service Agreements
T-Mobile and Amdocs have exchanged notices threatening to terminate their service agreements and pursue legal relief, including arbitration.