Additional Information
Market:AIM, TSX-V
Sector:Software
EPIC:SYNC,SYN
1 year chart
digital-look imported chart image
1 day chart
digital-look imported chart image
Synchronica

Synchronica plc is a global innovator in next-generation mobile messaging technologies. Its flagship product, Unity, been chosen by more than 100 of the world's leading mobile operators and OEMs to power their own-branded push email, instant messaging, and social networking services.

 

With leading features such as Unified Messaging, Geo Socialization, and RCS as a Service, Unity connects to any mobile device - from the most basic mobile phone, to high-end tablets - providing customers with a strong foundation on which to achieve market differentiation, diversified revenue streams, and reduced churn.

 

Headquartered in the United Kingdom, Synchronica maintains global research and development centres in Canada, Germany, India, and the Philippines. Synchronica's shares trade on the London Stock Exchange AIM market (SYNC) and the Venture Exchange of the Toronto Stock Exchange (SYN).

 

Pdf

Synchronica powers Puerto Rico instant messaging service

Wednesday, May 18, 2011 by Jon Mainwaring

Synchronica (LON:SYNC,TSE:SYN) – the mobile phone software specialist – is powering a new mobile instant messaging service that has been launched in Puerto Rico, says the company.

Claro Puerto Rico, a subsidiary of Latin America’s leading wireless services provider América Móvil, has launched Claro Messenger – a branded instant messaging community that is aimed at enabling Claro’s customers to exchange instant messages with each other using their mobile phones or via Claro’s Web site.

The marketing rational behind Claro’s new service is that it acts as a “churn inhibitor” since users tend to become highly dependent on an instant messaging identity that would be lost should they move to a competing network operator.

Synchronica has deployed Claro Messenger to each América Móvil subsidiary as part of its agreement with the telecoms firm. The deal should provide Synchronica with a key recurring revenue stream and access to one of the largest mobile phone markets worldwide.

"Claro Puerto Rico has a high proportion of prepaid subscribers in what is one of Latin America's fiercest markets,” said Synchronica’s CEO, Carsten Brinkschulte. “As a service, Claro Messenger fosters customer loyalty, and we're thrilled to have once again worked closely with América Móvil to host and launch this churn-busting service.”

According to a report published in January this year by Massachusetts-based Pyramid Research, 3G technology will account for 82 per cent of total mobile subscriptions in Puerto Rico by 2015. Puerto Rico’s shrinking fixed voice market, in combination with a growing demand for data applications and content, will bring new revenue opportunities to local operators, according to Pyramid research analyst Eulalia Marin-Sorribes. “Mobile applications, such as mobile banking and mobile advertising, could become rich revenue lines for local companies, particularly taking into account Puerto Rico’s relatively high GDP per capita,” she said in her report.

No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.