Joining the dots, prime take over opportunity for major telco (Tata)
- Tata appoints Senior VP to Syntonic advisory board
- Tata shifts focus to enterprise data solutions (is. Syntonic DataFlex) see below article
- Tata has no application for handling BYOD billing management (see TCS.com)
- Syntonic set for large scale deployment, with tier 1 platform ready
- Syntonic proven viable on AT&T network
- Tata raising $2.5bil across group, market cap over $100bil
- Tata falling behind company wide deleveraging, need to refocus
- Syntonic receives large sum from Tata, cancels credit raising on ASX.
- Tata acquisition IMO already in progress, Senior Tata Vice President in position for smooth transition
- Syntonic to release more information on Syntonic deals shortly - likely prior to conference on 5th April (expect trading halt prior)
- Syntonic board consists of high profile members from Facebook, etc
- Syntonic sponsored data already includes mega social media app in Asia region (WeChat), Twitter and Clash of Clans++
- Syntonic allows Tata to maximize income over their existing data networks, currently $6.3bil market, soon to be $20bil.
- Tata changing focus from voice to data monetisation
- Syntonic first to market advantage
- Morning star reports PSF as undervalued
- Share volume indicates major broker investment
- Asian media talks push SP up 32% last week, shares continue to be soaked
"The net debt of Tata Communications as of December 2015 was $1.48 billion, up marginally when compared with last year and previous quarter as well. Analysts said net debt trends were falling behind the company’s intention of business-led deleveraging. The company’s earnings statement said the increase in net debt also reflects increasing working capital requirements as business mix shifts towards enterprise data business."
http://wap.business-standard.com/ar...-2-5-bn-via-foreign-loans-116022301033_1.html
All IMO from various resources, reports, ASX announcements and discussions. DYOR.
