From SYT announcement:
"Additionally, Syntonic has completed negotiations with AT&T in the U.S. that reduces the Company’s wholesale sponsored data cost by more than 70%. This significant data price reduction now provides the means to offer more than 60M AT&T mobile subscribers a financially viable, over-the-top (“OTT”) mobile audio and video service, either as sponsored or as a paid subscription. With Freeway’s upcoming availability on the Verizon network, Syntonic will be the only content provider that can support an OTT audio and video service with a direct billing relationship to the end-user and servicing more than 75% of the U.S. post-paid mobile subscribers."
It seems to me that SYT has got a tiger by the tail. Q1 , Q2 results and a possible 10% share placement notwithstanding, Q3 and Q4 should be substantial. We also have the premium content announcement with Verizon to come later this Q.
As LOTM has alerted us to, review numbers in Indo have risen 20 % in a week! I'm sure this will be due to both word of mouth and increased content offerings. As the concept of sponsored data catches on worldwide, SYT's growth will be exponential. I'm happy to vote for all resolutions as they stand in AGM Notice. I want to see these new Directors earn their $0.08 share target and then some...
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