Highlights:
• Syntonic signs second major agreement with Verizon Wireless to provide Freeway by Syntonic® sponsored data services on the Verizon FreeBee Data network, complementing previously announced data rewards agreement.
• Syntonic is the only Verizon partner integrated into both FreeBee Data and FreeBee Perks providing both sponsored data offers and data rewards to nearly 100M Verizon subscribers. • Major content providers such as Zapak Digital Entertainment (a Reliance Company and India’s largest gaming company) and additional publishers, Hersch Games, and Billaway, agree to provide Freeway by Syntonic with sponsored content offerings for world-wide distribution.
• Syntonic successfully negotiates with AT&T for a discount of more than 70% in data pricing that opens opportunity to provide a multi-carrier, over-the-top mobile video service in the U.S.
SYT Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
