November 27, 2014 9:32 AM ET

Wireless Telecommunication Services

Company Overview of Syniverse Technologies, LLC

Company Overview

Syniverse Technologies, LLC provides mobile communications solutions. The company enables mobile work for mobile operators, cable operators, social networks, Internet providers, retailers, financial institutions, airlines, device makers, and machine-to-machine providers in the United States and internationally. It offers roaming products and services, such as coverage, value-added services, clearing and settlement, and business management; messaging products and services, which include operator, A2P/mobile enterprise, and IP based messaging services; and network products and services, such as signaling and transport, real-time intelligence and reporting, database solutions, and number portab...

8125 Highwoods Palm Way

Tampa, FL 33647-1776

United States

Founded in 1987

Phone:

813-637-5000

Fax:

813-273-3821

Key Executives for Syniverse Technologies, LLC

Chief Executive Officer
Age: 55
Chief Financial and Administrative officer
Age: 53
Chief Sales Officer and President of Enterprise and Intelligence Solutions
Age: 49
Senior Vice President
Age: 57
Head of Regional Office - Dubai
Compensation as of Fiscal Year 2014.

Syniverse Technologies, LLC Key Developments

Syniverse Technologies, LLC Presents at Deutsche Bank 22nd Annual Leveraged Finance Conference, Oct-01-2014 03:10 PM

Syniverse Technologies, LLC Presents at Deutsche Bank 22nd Annual Leveraged Finance Conference, Oct-01-2014 03:10 PM. Venue: The Phoenician, 6000 East Camelback Road, Scottsdale, AZ 85251, United States.

Syniverse Announces New Multi-Year Agreement with Myriad Group

Syniverse Technologies, LLC has announced a new multi-year agreement with Myriad Group to enable the authentication of global end users of the Myriad msngr app via Syniverse's Mobile Enterprise Services. The agreement with Syniverse includes direct connectivity to numerous top-tier Latin American mobile network operators that enable increased speeds and stability for Myriad's app subscribers. When an end user registers with Myriad msngr over a mobile phone, Syniverse's highly reliable platform will deliver a one-time verification code via SMS. The one-time code is delivered directly to the end user with low processing latency, subsequently allowing the user to complete the registration and activate the app. An integral piece of the app registration process requires Myriad's subscribers to receive SMS messages. The agreement with Myriad continues a steady stream of Mobile Enterprise Services announcements, including agreements with Amazon China; UK-based mobile video service provider swanbay.tv; threaded messaging communication provider Boomerang; Chinese Internet portal Tencent; and Cleartrip, one of the leading online travel companies in India. From simple text reminders to short video advertisements, the services empower mobile messaging operations to enable the reach, reliability and security that enterprises and over-the-top providers need to achieve business objectives. In addition to one-time passwords, Syniverse helps brands deliver other personalized, time-sensitive actionable information, including reminders, news of sales or promotions, weather alerts, public safety alerts and more. Additional features include intelligent message processing, two-way messaging, and multilingual, multiple time zone support.

Syniverse Technologies, LLC Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Syniverse Technologies, LLC announced earnings results for the second quarter and six months ended June 30, 2014. For the quarter, revenue was $227 million, up $33.9 million or 17.5%, driven mainly by the MACH acquisition closed at the end of June 2013, which contributed $32.9 million in the quarter. Adjusted EBITDA was $88.5 million, up 8% versus the prior year quarter. The year-over-year increase was driven by the top line growth resulting from the acquisition, partially offset by higher operating cost. Free cash flow, representative of net cash provided by operating activities, adjusted for discontinued operations and acquisition expenses less capital expenditures, was $25 million for the quarter, down $3 million from the prior year period. Capital expenditures were $27 million compared to $23 million in 2013. Operating income was $23.1 million compared to $7.6 million in the prior year, driven primarily by growth in top line and a decrease in acquisition expenses, partially offset by the increase in depreciation and amortization and higher headcount-related costs resulting from the MACH acquisition. For the six months, Aicent delivered roughly $26 million of revenue under $2 million of adjusted EBITDA.

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