The three-year, non-exclusive agreement generates revenue for Syntonic through professional service fees and a revenue share arrangement for mobifoneGo app package sales, commissions received on data package sales, wholesale data sales, affiliate fees, advertising and support fees. Syntonic is responsible for customised product development; Tier 2 and Tier 3 technical support; and integration of the Syntonic Freeway service with MobiFone’s billing system. Tier 1 customer support, hosting, marketing, and customer acquisitions costs are the responsibility of TLC.
In addition other services may be added in due course.
SYT Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held