Synchronica gains on contract win

5th Oct 2009 10:37

Synchronica, the AIM listed mobile email and synchronisation provider, gained on news that it has signed a contract with a mobile operator in South-East Asia for its mobile email and synchronisation products Mobile Gateway and Mobile Backup. The group said the unnamed operator is a leading wireless services provider in its region with more than 30 million subscribers on its GSM network. Under the terms of the deal, the operator will pay a share of the net revenue derived from the provision of Mobile Gateway to Synchronica with a minimum fee of $1 per subscriber per year. The operator will pay an additional $0.5 per annum for every subscriber using Synchronica's Mobile Backup service. Synchronica will further provide professional services for customization and deployment of the Synchronica products worth $60,000.'We are very pleased with this contract win as it marks our first success with a mobile operator in the fast growing South-East Asia market,' said chief executive Carsten Brinkschulte.'Once again, this illustrates the attractiveness of our products for carriers in emerging economies aiming to increase the average revenue per user (ARPU) and to combat churn by introducing addictive data services to the mass-market.'