Freeway’s distribution grew by over 61% last quarter with the largest net gain from India and the highest relative gain from Mexico. This expansion does not include the most recent Verizon use of the Freeway SDK for their data-free TV streaming FiOS mobile application.
Syntonic recognizes revenue of A$281,087 in Q3 FY2017 with majority of cash to be received during the current quarter.
Agreement with Verizon Wireless to license Syntonic’s platform technologies provides ongoing monthly revenue with customer receipts already received in April.
Fios - check
FIOS licencing paid - check
The only grounds you have at the moment is in relation to the OTT service - yet to be signed on by any carrier, however, im curious if the comment was ever made regarding if AT&T was supposed to sign an OTT deal within that quarter, this quarter or even next quarter?
Additionally, the discussions regarding Japanese carrier partnerships, Telefonica etc was all general discussion on this forum, never spoken about by Gary or IR at all.
Bye JJ.
SYT Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held