×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Syniverse in talks with Indian wireless carriers

Syniverse in talks with Indian wireless carriers
Comment E-mail Print Share
First Published: Wed, Nov 25 2009. 12 45 AM IST
Updated: Wed, Nov 25 2009. 12 45 AM IST
Bangalore: Syniverse Technologies Inc., a provider of technology services to wireless telecommunications companies, is in talks with major Indian wireless carriers over its number portability services.
“In addition to discussions on number portability, which I think just about every major operator is engaged in, we are also looking to expand our roaming and clearing business as well as our messaging and networking businesses,” chief technology officer Jeffrey Gordon told Reuters in an interview.
Number portability allows customers to keep their phone numbers while they switch networks.
Syniverse also sees an opportunity with landline-to-mobile number portability, particularly in countries such as the US, and is in talks with governments.
Syniverse is looking to expand its presence by virtue of the fact that it has data centres in India for number portability and it will leverage those centres to bring its full suite of products into the region, Gordon said.
“We are also looking to expand our roaming and clearing business, as well as our messaging business and networking business,” he said.
With number portability in India expected to come into force by year-end, Syniverse expects to start generating revenue from it in 2010.
Earlier this year, India’s telecoms ministry selected Syniverse and Telcordia Technologies Inc. to run mobile number portability services in the world’s fastest-growing wireless market.
The Tampa, Florida-based company, which had earlier estimated revenue gains from the Indian contract in the fourth quarter of 2009, delayed this projection after the government postponed the launch of number portability to the end of this year.
Syniverse is expecting this 10-year contract to generate revenues of about $5 million (around Rs23 crore) to $10 million annually once it is under way.
“We feel that the process is coming along well, and I would expect that there will be a lot of activity in the first quarter whether that activity is testing-related or whether that is commercial launch,” Gordon said. However, he added that he would not be surprised to see another delay.
“It is well into November now, and the end of the year is coming very quickly...and personally I do not think all the operators will be ready by that time,” Gordon added.
Syniverse’s more than 650 wireless carrier customers include AT&T, Sprint Nextel Corp., Verizon Wireless, TeliaSonera, Vodafone Group Plc and SK Telecom.
Shares of the company have risen 126% in the past year.
feedback@livemint.com
Comment E-mail Print Share
First Published: Wed, Nov 25 2009. 12 45 AM IST