December 04, 2016 4:45 PM ET

Wireless Telecommunication Services

Company Overview of Syniverse Technologies, LLC

Company Overview

Syniverse Technologies, LLC provides mobile communication services. It offers data clearing and settlement services, including automated tariff simulation, CDR conversion and rating, CDMA mobile data roaming, M2M solutions, and agreement management; financial clearing and settlement for CDMA and GSM; and roaming management services, including business intelligence platform and forecasting and budget management. The company also provides intelligent roaming services, such as roaming data analysis, proactive roaming data analysis, campaign determination, intelligent roaming, data performance monitor, global interstandard roaming solutions, sponsored roaming, CDMA day pass, and data roaming pac...

8125 Highwoods Palm Way

Tampa, FL 33647-1776

United States

Founded in 2001

Phone:

813-637-5000

Fax:

813-273-3821

Key Executives for Syniverse Technologies, LLC

Chief Executive Officer, President and Director
Age: 57
Chief Financial Officer
Age: 56
Senior Vice President, General Counsel and Corporate Secretary
Age: 59
Executive Vice President of Global Product Management and Development
Age: 55
Head of Regional Office - Dubai, United Arab Emirates
Compensation as of Fiscal Year 2016.

Syniverse Technologies, LLC Key Developments

Syniverse Appoints Jeff White as Group Vice President of Global Sales for its Service Provider Group Business Unit

Syniverse announced that Jeff White has been appointed Group Vice President of Global Sales for the company's's Service Provider Group business unit. White brings to Syniverse more than 25 years of experience in telecom, including 17 years with Cisco. While with Cisco, he served in a variety of leadership roles, including President of India, Senior Vice President Service Provider for Asia Pacific and global account responsibility for AT&T. In addition, White served in senior leadership positions with Extreme Networks, Ameritech and Anixter.

Syniverse Technologies Announces Earnings Results for the Second Quarter and Capital Expenditures Results for the First Half of 2016

Syniverse Technologies announced earnings results for the second quarter and capital expenditures results for the first half of 2016. For the quarter, revenues were $197.7 million, down $18.5 million or 8.5% versus the prior year quarter and up sequentially from the first quarter by $3.3 million or 1.7%. The year-over-year decrease in revenue was primarily attributable to the continued headwinds in the company’s MTS business, partially offset by organic growth in portions of both the MTS and EIS portfolios, all of which I'll cover in more detail later in my remarks. Adjusted EBITDA was $72.1 million, down just $1.7 million or 2.3% versus the prior year quarter and up sequentially from the first quarter by $16.2 million or 29%. For the first half of 2016, capital expenditures were $31.1 million compared to $32.6 million in the prior year period. The decrease was primarily attributable to lower capital spending on integration activities and lower spending on incremental network capacity. Capital spending during the first half was primarily focused on enhancing existing and supporting new service offerings, modernizing the company’s network infrastructure and executing on the company’s data center moves, which is a key initiative to drive additional cost reductions in 2017 and beyond.

Syniverse Enhances Partnership with Djibouti Telecom

Syniverse announced that it has expanded its relationship with Djibouti Telecom through an agreement to deliver a suite of solutions for performance analysis, forecasting and budget management, and fraud protection. the agreement builds on a multiyear relationship with Djibouti's state-owned mobile operator that will strengthen Syniverse's presence in East Africa and a growing national market with more than 330,000 mobile connections. Syniverse noted that the services offered through the agreement enable Djibouti Telecom to gain visibility into and manage its end-users' experiences while protecting the network from fraud and controlling costs. Roaming Data Analysis-Visibility Services provide real-time access to roaming performance data through an easy-to-use window that aggregates all subscriber data in a single view. Forecasting and Budget Management-Optimizer automates the planning, forecasting and budget process to help make the operator's roaming interoperator tariff (IOT) discount negotiations more profitable. And Roaming Fraud Protection offers Djibouti Telecom a managed service that includes an analyst team and a cloud-based application that monitors roaming data globally for suspicious behaviors 24 hours a day, seven days a week.

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