"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."
SYT Price at posting:
3.8¢ Sentiment: Hold Disclosure: Held