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Wednesday, July 4, 2012

Roaming competitors to merge: Syniverse agrees to acquire MACH

Syniverse, which provides roaming, messaging and networking services to more than 900 mobile operators worldwide, has agreed to acquire MACH in a deal worth around €550 million (£440 million). Luxembourg-based MACH offers similar services to a customer base of around 650 operators.

Jeff Gordon, President and CEO of Syniverse, said “The proposed acquisition will benefit both mobile users and the entire mobile ecosystem with greater reach, agility and solutions for the Mobile 3.0 environment, simplifying the increasing complexity of interoperability and service ubiquity. As mobile continues to permeate everyday life around the globe, Syniverse will have the added scale to provide mobile service providers (MSPs), such as mobile operators, Internet service providers, cable MSOs, emerging providers, enterprises and more, improved time to market and capabilities that deliver the quality of experience that end users demand. Ultimately, mobile consumers will benefit from more advanced services and applications while MSPs will realize additional revenue opportunities and cost savings from service efficiencies.”

“The proposed acquisition will grow our top line revenue, while providing the scale and critical mass to further develop and speed to market advanced solutions that will give providers throughout the mobile ecosystem the ability to deliver a better mobile experience for end users worldwide.”

The agreement is subject to regulatory approval.

We spoke to Guy Reiffer of MACH about generating revenue from roaming services and applications at Mobile World Congress last year. You can listen to the interview (which starts at 21:40) via the built-in audio player or by downloading the MP3 file.
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Author: The Fonecast
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Categories: Networks and operators, NewsNumber of views: 2211

Tags: roamingmachsyniverse

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