Wednesday newspaper round-up: Cove, Vodafone, HSBC
29th Feb 2012 06:57
HSBC has admitted for the first time it may face criminal charges that could see it hit with "significant" penalties stemming from a US investigation into alleged money-laundering by Britain's biggest bank. The bank is being investigated over possible violations of the US Bank Secrecy Act. HSBC also
Read moreFriday newspaper round-up: Greece, Oil, BoE
24th Feb 2012 06:56
Germany's ruling parties are to introduce a resolution in parliament blocking any further boost to the EU's bail-out machinery, vastly complicating Greece's rescue package and risking a major clash with the International Monetary Fund. European solidarity is not an end in itself and should not be a
Read moreSynchronica signs partnership deal with NewPace
20th Feb 2012 08:13
Mobile phone messaging technology group Synchronica has signed a letter of intent with Canada's NewPace Technology Development Inc to cooperate in the development, sales and marketing of a Rich Communication Suite (RCS) product. NewPace will license its current and future RCS technology to bid targ
Read moreMyriad asks if Synchronica has paid Nokia yet
15th Feb 2012 07:57
Swiss mobile devices software firm Myriad, currently mounting a hostile bid for AIM-listed mobile phone messaging technology group Synchronica, has asked the UK group to confirm it has paid the first slug of money it owes to Nokia. On February 14th Synchronica, which bought the messaging business o
Read moreSynchronica lists myriad reasons to reject Swiss bid
14th Feb 2012 14:45
Mobile phone messaging technology group Synchronica has been talking up the prospects of its turnaround plan as it fights off the unwelcome attentions of Swiss mobile devices software firm Myriad. The group said that its cost cutting programme, which it embarked upon late in 2011, will have some ef
Read moreSynchronica signs letter of intent and unveils JV plans
8th Feb 2012 13:16
Mobile phone messaging technology group Synchronica has signed a letter of intent with technology developer Intertainment Media to intergrate Synchronica's messaging platform, Mobile Gateway, with Intertainment Media's Ortsbo experiential language technology. The move has been undertaken in a bid
Read moreSynchronica signs deal with Chinese firm
18th Jan 2012 16:40
Mobile phone messaging technology group Synchronica has signed a $1.5m agreement with a China-based handset manufacturer to bundle Synchronica's Mobile Gateway onto its portfolio of low and ultra-low-cost MediaTek powered handsets. Synchronica anticipates delivery to the customer by the end of Apri
Read moreSynchronica revenues will be ahead of expectations
13th Jan 2012 11:38
Synchronica, the company which makes email and instant messaging solutions for mobile phones, has said it expects to report revenues of around $23m for the year ended December 31st. This figure is marginally ahead of market expectations, and represents an increase of some 111% when compared to the
Read moreSynchronica rockets on repeat order
9th Dec 2011 10:14
Synchronica, the company which makes email and instant messaging solutions for mobile phones, has seen its share price rocket by 14% this morning following the announcement of a repeat order. The order from what is described as an "existing Tier-1 mobile device manufacturer" is worth $580,000 of wh
Read moreSynchronica chief exec departs after payment delays
23rd Sep 2011 13:11
Mobile phone messaging technology group Synchronica's chief executive and chief operating officer have abruptly left the company after it experienced delays in customer payments. Synchronica said it is owed payment by a number of device manufacturers. "Payment terms for these orders were linked
Read moreSynchronica expands footprint in the Middle East
25th Jul 2011 14:38
Shares of Synchronica surged 8% after the mobile messaging solutions provider said it has received an expansion order from an existing Middle East-based mobile operator customer, the third order from the region in seven months. Synchronica said the order for additional Mobile Gateway user licences
Read moreSynchronica's shares resume trading
8th Jul 2011 09:53
Mobile phone messaging provider Synchronica's shares resumed trading on Friday, after the company published the necessary admission document related to its proposed acquisition of Nokia's operator branded messaging business. Synchronica's shares advanced 3.6% in early morning trade in London. The
Read moreSynchronica buys Nokia messaging business
30th Jun 2011 11:33
Synchronica has conditionally agreed to buy Nokia's operator branded messaging (OBM) business for about $25m, giving the mobile phone messaging provider access to the lucrative North American market. Synchronica said that with this deal it will acquire the source code for Nokia's messaging infrast
Read moreSynchronica message reaches Latin America
9th Jun 2011 15:57
Synchronica, the AIM listed mobile phone messaging provider has landed a juicy new contract with a mystery Latin American mobile operator. Outlining the kind of services on offer, Synchronica's chief executive Carsten Brinkschulte said: "We are confident that the addition of push email and synchron
Read moreStrong end to 2010 for Synchronica
15th Mar 2011 17:01
AIM-quoted Synchronica had a strong fourth quarter to 2010 in revenue terms thanks to a combination of acquisitive and organic growth. Push email and instant messaging services provider Synchronica adhieved this even though Canada-based iseemedia, which was acquired in October, made a relatively mo
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