SYT 0.00% 0.1¢ syntonic limited

Ann: Syntonic Enters Partnership with Bridge Alliance, page-21

  1. 2,026 Posts.
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    Here buddy honestly a pretty confusing announcement.

    "Under the terms of the agreement, Syntonic will develop a white-labelled and customised version of the Syntonic International Roaming Service™ for Bridge to sublicense to its carrier members. Bridge will compensate the Company for all engineering and support costs associated with the Bridgebranded service."

    "for Bridge to sublicense to its carrier members."

    Unless i'm missing something Bridge are covering your costs of producing the white label service for them.

    No mention of a revenue share agreement or a cut each time Bridge sublicenses the product.

    Very, very odd.
 
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