True Move Selects Syniverse to Provide Data Clearing Services
30 November 2006
Syniverse Technologies www.syniverse.com, (NYSE: SVR) a leading provider of mission critical technology services to wireless telecommunications companies worldwide, announced today it has signed a multi-year contract to provide True Move, a GSM operator in Thailand, with data clearing services that will help the company manage its roaming business more effectively. This contract expands Syniverse's data clearing services in Asia.
Syniverse, which operates one of the world's largest wireless clearinghouses, will use its ACCESS S&E(R) GSM Clearinghouse Services (http://www.syniverse.com/content.cfm?section_id=2&service_id=2& service_type_id=11) (NB: Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. Remove the space if one exists.) to become a single point of contact for the exchange of roamer billing records between True Move and other mobile operators. The result for True Move will be more complete network usage reports as well as accurate invoicing and settlement of global wireless roaming telephone calls, Wi-Fi sessions and other wireless data calls.
"Business and leisure travelers have been coming to Thailand in increasing numbers, and the number of mobile phone users, especially those who are roaming, continues to grow," said Songtham Phianpattanawit, Managing Director, Corporate Solution, Wholesales & Data, True Corporation Plc. "True Move chose Syniverse's solution for data clearing because we are committed to providing Thailand's visitors and residents with the best possible service."
Syniverse's data clearinghouse services also provide True Move with more than 100 types of business and financial reports that will allow True Move to analyze and manage its roaming business more profitably. The reports are easily available through Crossroads(SM), Syniverse's customer Internet portal.
"We appreciate True Move's confidence in our ability to provide a comprehensive clearing and settlement service that will meet the company's needs as its roaming business continues to grow," said Dennis Ng, Vice President and Managing Director of Asia Pacific, Syniverse Technologies.
Nancy White, Chief Marketing Officer for Syniverse, said she also is pleased to add True Move to the expanding list of GSM customers worldwide who have chosen to take advantage of Syniverse's ACCESS S&E solution. "We have worked diligently to broaden our number of clients in Europe, Asia and other global markets," she explained. "The True Move contract is a clear validation of our efforts."
About Syniverse
Syniverse is a leading provider of mission-critical technology services to wireless telecommunications companies worldwide. Syniverse solutions simplify technology complexities by integrating disparate carriers' systems and networks in order to provide seamless global voice and data communications to wireless subscribers. Carriers depend on Syniverse's integrated suite of services to solve their most complex technology challenges and to facilitate the rapid deployment of next generation wireless services. Syniverse provides services to over 350 telecommunications carriers in more than 50 countries, including the ten largest U.S. wireless carriers and six of the ten largest international wireless carriers. Headquartered in Tampa, Fla., U.S.A., Syniverse has offices in major cities throughout North America, The Netherlands and the United Kingdom and a global sales force in the United Kingdom, Luxembourg, Italy, China, Hong Kong, Brazil, Slovakia and India. For more information, visit www.syniverse.com.
About True Move Company Limited
True Move (formerly known as TA Orange), a subsidiary of True Corporation Plc, Thailand's only fully-integrated communication solutions provider, convergence solutions leader and premier lifestyle enabler, offers innovative and high-quality wireless communications services on its nationwide 1800 MHz network to 5.4 million customers (June 2006) throughout Thailand. True Move's vision is to create a pioneering wireless hi-speed lifestyle where people can communicate as well as access knowledge, information and entertainment wherever, whenever, and however they wish. The company delivers superior coverage, quality, and best value services. Leveraging its relationships with True Corporation and the CP Group, True Move offers unique integrated products and services to the Thai market. For more information, visit True Move or www.truecorp.co.th.
Cautions about Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These include, but are not limited to, statements regarding Syniverse's plans, intentions and expectations. Such statements are inherently subject to a variety of risks and uncertainties that could cause actual results to differ materially from those projected. Given these concerns, investors and analysts should not place undue reliance on forward-looking statements.
For further information: Jim Huseby, (813) 637-5000
Source: newswire
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