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SVR Syniverse Holdings

30.98
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Syniverse Holdings NYSE:SVR NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 30.98 0.00 01:00:00

Syniverse Continues to Expand its Data Clearing Reach Throughout Asia Pacific

12/06/2007 3:00pm

Business Wire


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Syniverse Technologies (NYSE:SVR), a leading provider of technology and business solutions for the global mobile telecommunications industry, announced today a multi-year agreement to provide data clearing services to SmarTone-Vodafone of Hong Kong. SmarTone-Vodafone will use Syniverse’s ACCESS S&E® GSM Clearinghouse Services as its single point of contact for the exchange of roamer billing records with mobile operators. ACCESS S&E also provides access to more than 100 types of business and financial reports that will allow SmarTone-Vodafone to analyze and manage its roaming business more efficiently. Stephen Chau, Chief Technology Officer, SmarTone-Vodafone, said one reason his company selected ACCESS S&E is Syniverse’s long-time expertise in the data clearing arena. “Syniverse’s solution is an industry-proven product used globally,” he said. “We made the decision to move our data clearing to Syniverse’s platform to ensure we utilize a best-in-breed solution that is always compliant with industry standards, allows us to have seamless exchange of roaming billing records with our roaming partners and, most importantly, allows us to provide the best possible service to our subscribers.” The agreement with SmarTone-Vodafone continues the expansion of Syniverse’s GSM data clearing services presence in Asia. Last fall, True Move of Thailand became a new GSM clearing customer for Syniverse in the Asia Pacific region when it switched its data clearing business to ACCESS S&E. Raymond Cheung, Executive Vice President and CEO-Asia Pacific, Syniverse, said he greatly appreciates the confidence of SmarTone-Vodafone in selecting Syniverse for its clearing solutions. “We currently provide GSM and CDMA data clearing services to major mobile operators throughout the Asia Pacific region that together have more than 200 million subscribers, including Reliance Communications Ltd. of India. These Syniverse contracts clearly demonstrate the continuing traction of our global growth initiatives in the world’s most advanced and fastest growing mobile market,” he said. About Syniverse Syniverse Technologies (NYSE:SVR) solutions allow more than 350 communications companies in over 50 countries to provide seamless mobile services by making it possible for disparate technologies and standards to interoperate. Syniverse's flexibility and customer focus permit its customers to quickly react to market changes and demands, enabling the delivery of everything from voice calls to sophisticated data and video services wherever and whenever subscribers need them. Celebrating its 20th anniversary in 2007, Syniverse is headquartered in Tampa, Florida, U.S.A., and has offices in major cities around the globe. Syniverse is ISO 9001:2000 certified and TL 9000 approved, adhering to the principles of customer focus and quality improvement practices. More information is available at www.syniverse.com.

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