In August 2018 Syntonic signed a service agreement with Vodacom Group Limited (JSE: VOD), granting it a license to deploy a white-labelled version of the Syntonic Revenue Generation Platform to enhance their mobile advertising business initially with their South Africa telecom, with intention to expand this service to the entire Vodacom pan-African network spanning over 103 million customers. Vodacom is currently assisting Syntonic to secure support for the Syntonic platform with the other major carriers in South Africa, MTN and Cell C, to enable a mobile advertising solution with nearly 95% reach in South Africa. Vodacom’s advertising group is in process of on-boarding several major entertainment apps, retailers, banks, insurance companies, and other local and regional brands.
I found this part of the quarterly really interesting about Vodacom aiding Syntonic with other carriers in South Africa
SYT Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
