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Sprint signs new seven-year managed services deal with Amdocs

Amdocs (DOX) announced a seven-year extension through January 2021 of its relationship with Sprint (S). Amdocs will continue to manage key business processes, including billing, customer care and IT infrastructure management under a managed services model hosted at an Amdocs data center. The new agreement includes the continued support of the Sprint and Boost Mobile brands and the expansion to now support the Virgin Mobile USA and Assurance Wireless brands.