I have done some research..... Facebook IS involved. FACT! Read on....
PLEASE READ ALL OF THIS INFORMATION & SHARE!!!!
As we all know, Syntonic has signed a Distribution and License Agreement with Tata Communications, Inc.
Who is Tata Communications?
Tata Communications Limited is a global Telecom company.
Founded in 1986
Revenue: $3.2 billion USD
Total number of active mobile users in January 2016 was 1.26 billion people!
$3.2 billion in annual revenue (77% of this revenue generated outside of India)
Over 8000 employees globally (30% of which are located outside India with over 40 nationalities)
Largest wholesale voice carrier carrying 53 billion minutes of wholesale voice traffic annually – that’s 1 in 10 voice calls globally!
1,600 telcos use their network to connect to people like us (70% of the world’s mobile network operators)
World’s largest wholly owned submarine fibre network (00,000 kilometres of subsea fibre, and more than 210,000 kilometres of terrestrial fibre)
Only Tier-1 provider that is in the top five in five continents, by internet routes
Over 24% of the world’s internet routes are on Tata Communications’ network
Tata Communications is a global company with its roots in the emerging markets. Headquartered in Mumbai and Singapore, it has more than 8,000 employees across 38 countries. The $3.2 billion company is listed on the Bombay Stock Exchange and the National Stock Exchange of India and is the flagship telecoms arm of the $103.3 billion Tata group.
The Tata Communications global network reaches more than 240 countries and territories, 99.7% of the world’s GDP, millions of businesses, and billions of people. Tata Communications routes over 24% of the world’s Internet traffic and interconnects with over 1,600 telecommunications companies, representing 70% of the world’s mobile network operators.
YES! Syntonic are expanding to Asia!!! BUT IT GETS ALOT BETTER!!!!!
Syntonic is expanding mobile content services to Southeast Asia to accelerate advertising, content, and application growth. The first wave of applications Syntonic have signed to the Freeway platform include WhatsApp, BBM, WeChat, Twitter and Clash of Clans.
SO, Let's break these companies down.... These really are HUGE!!!
WECHAT - is a mobile text and voice messaging communication service developed by TenCent in China. It is the second largest standalone messaging app by monthly active users in the world.
As of December 2015, WeChat has over 650 million active users; with 70 million outside of China. It is one of the largest internet companies in the world. Tencent holds 15% stake of JD.com, which competes with Amazon, Google, Ebay, Facebook and Alibaba. On September 8, 2015, Tencent became the largest Internet company in Asia. (US$206 billion)
WHATSAPP - As of February 2016, WhatsApp had a user base of up to one billion, making it the globe's most popular mobile messaging app. WhatsApp Inc., based in California, was acquired by Facebook on February 19, 2014, for US$19.3 billion.
BBM (Blackberry Messenger) - As of 2015, There are more than 190 million BBM users worldwide. BlackBerry Messenger, also known as BBM, is a proprietary Internet-based instant messenger and videotelephony application included on BlackBerry devices that allows messaging and voice calls between BlackBerry, iOS, Windows Phone and Android users.
CLASH OF CLANS - Is an online multiplayer game. In 2015, the game was the top grossing app on both the App Store and Google Play, with an estimated revenue of $1.5 million USD per day.
EXPEDIA - It is an American-based parent company to the following brands. In 2008, Expedia was named to the most admired Internet companies in the United States list, released by Fortune. Expedia ranked third, after IAC and Google, and was followed by Amazon.com at fourth place. Expedia is ranked #3 in the Internet Service/Retailing industry, and is included in the list of most-admired companies. Expedia Inc. Named One of “America’s Best Managed Companies” by Forbes — Forbes’ list of the 400 best managed, public American companies with $1 billion or more in revenues. It's annual revenue is $5.763 billion USD.
Syntonic now have sufficient funding for their business expansion in Europe, Southeast Asia, and Latin America. Syntonic had positive business discussions at Mobile World Congress and have confirmed significant opportunities globally for their sponsored data services, Freeway by Syntonic, and their cost effective mobile split billing solution, Syntonic DataFlex. Cash flows from within the business have been realized earlier than anticipated. Sytonic are in the process of completing commercial discussions based on the overwhelming level of demand from operator customers in Europe, Southeast Asia, and Latin America.
As a result, the previously proposed capital raising requirement of A$7,000,000 was cancelled. The Company will now raise the minimum amount required by ASX for recompliance which will reduce dilution and remove any need for a share consolidation.
$5.763 billion USD.
