Amdocs acquired TTS Wireless for $50m.

Amdocs, a leading provider of software and services to communications and media companies, acquired TTS Wireless, a privately-owned provider of mobile network engineering services, specializing in network optimization, planning, and software-enabled solutions, for $50m. “For over twenty years TTS Wireless has been successfully working with leading American operators,” said Lin Weng, TTS Wireless founder and Chief Executive Officer. “Together, TTS Wireless and Amdocs are well positioned to help operators accelerate their 5G journey with our expertise and experience in customer-focused design, delivery and optimization of mobile networks. With our highly-skilled network engineering and software development team joining forces with Amdocs, together we will strengthen the scope and scale of our offerings as we continue to deliver differentiated network services to Amdocs’ global base of service provider customers.”