Billing solutions company

Amdocs

(NYSE:DOX) will shortly be announcing mega-deals with Canada's leading telecoms company

Bell Canada

and with

British Telecom

(BUE:BTY.BA),

Globes

reports.

The five-year Bell Canada contract is expected to be worth $2.5 billion to $3 billion.

Globes also reported that Amdocs is in advanced negotiations to provide $1 billion to $1.5 worth of billing solutions to British Telecom, which is upgrading its billing system. This agreement is also for a five-year period.

Amdocs's market cap on Wall Street is $15.2 billion. Its sales in 2000 came to $1.2 billion. Its customers include leading telephony companies, such as

BellSouth Corporation

(NYSE:BLS),

Sprint PCS

TheStreet Recommends

(NYSE:PCS),

Verizon Communications

(NYSE:VZ),

Deutsche Telekom

(NYSE:DT), and

Vodafone

(NYSE, LSE:VOD). Amdocs' deals are in the range of $13 million to $15 million.

Amdocs is one of Israel's three biggest hi-tech companies, the others being

Check Point Software Technologies

(Nasdaq:CHKP) and

Comverse Technology

(Nasdaq:CMVT). Amdocs' majority shareholder is the American investment company Welsh, Carson, Anderson & Stowe.

SBC Communications

has 30%, as well as a 20% stake in Bell Canada. The Morris Kahn group has a 10% interest in Amdocs.

Bell Canada provides telephony services to 8 million customers, and has 44,000 workers. Its wireless division has 1.8 million subscribers.