This is very good for the company. This part of the announcement I like:
"India is ideally suited for the Freeway by Syntonic service: data is relatively expensive; 85% of subscribers are on pre-paid plans; and the country is Asia’s fastest growing mobile games market. The user base of active mobile gamers in India is over 185m and who average 4.4 game downloads per month. India represents a USD$3.9b addressable market for Freeway data rewards, growing at a 135% CAGR. Moreover, Freeway’s data rewards service fully adheres to the Telecom and Regulatory Authority of India’s (TRAI) position on net neutrality."
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Ann: Freeway by Syntonic Expands to India-SYT.AX, page-7
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