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|Headquarters||8125 Highwoods Palm Way, FL 33647, Tampa, Florida, United States|
|Stephen C. Gray, President/Chief Executive Officer |
|Products||List of Syniverse products|
|Owner||The Carlyle Group|
Number of employees
Syniverse is a global company that provides technology and business services for a number of telecommunications companies as well as a variety of other multinational enterprises. The company’s solutions make it possible for disparate technologies and standards to interoperate, so operators in the mobile industry can provide their subscribers with access to voice calling, messaging, data and other services as users move across networks around the world. The solutions also help enterprises optimize mobile engagement and improve business processes through the delivery of timely, relevant information that personalizes the mobile user experience, increases customer loyalty and promotes brand loyalty. The company began in 1987 as a GTE business unit called GTE Telecommunications Services Inc.
Syniverse was established in 1987 as a GTE business unit, GTE Telecommunication Services Inc. (GTE TSI). Soon after, the company launched voice clearing, settlement and exchange, post-call validation, and message rating services. During the following years, it established several call delivery, fraud and roaming products. In 1993, it developed the first wireless SS7 network to support intelligent network-based services.
In 1998, the company began to offer its services globally, providing interoperability services to Australia, China, Japan and Korea. It received an international leadership award two years later for expansion between Korea, Hong Kong, Japan and North America.
In 2000, the company became a wholly owned subsidiary of Verizon Information Services Inc. In 2001, the company changed its name from GTE TSI Telecommunication Services Inc. to Verizon Telecommunication Services Inc. That year, the company introduced several services. One was a global GRX service to allow GPRS users access to high-speed mobile Internet services. Another was a suite of mobile data services, including international SMS interoperability.
In 2002, TSI became an independent, private corporation after being acquired by a private investment group changing its name again to just Telecommunication Services Inc. In 2004, the company changed its corporate name to Syniverse Technologies.
On Feb. 10, 2005, Syniverse became a public company, trading on the New York Stock Exchange under the symbol SVR. Also in 2005, the company developed a platform to distribute wireless AMBER AlertTM messages about missing children in the United States; offered the first 1xRTT/1xEV-DO solution to enable mobile data roaming for CDMA subscribers; and became a founding investor, board member and technical participant of dotMobi, the registry for the .mobi domain.
In 2006, Syniverse acquired Interactive Technology Holdings Limited (ITHL), expanding the company’s customer base in Asia Pacific and adding new products. The following year, Syniverse was appointed to provide wireless number portability services to both Singapore and Canada, and acquired the wireless data and financial clearing business of Billing Services Group Limited (BSG), expanding Syniverse’s global business.
In 2009, Syniverse became part of Standard & Poor’s Midcap 400 under the Global Industry Classification Index (GCIS) Wireless Telecommunications Services Sub-industry index and was selected as one of two companies selected to provide mobile number portability in India. Syniverse also acquired Wireless Solutions International (WSI) in 2009 and VeriSign, Inc.’s (NASDAQ:VRSN) Messaging and Mobile Media Services.
Syniverse began delivering text messages free of charge to pregnant and expecting mothers with the Text4baby initiative in 2010. In that same year, the company was chosen by CTIA - The Wireless Association to support the Latin America common short code (CSC) initiative. Syniverse uses its web-based platform to incorporate registry, CSC search and payment functionality.
On Jan. 13, 2011, Syniverse became a private corporation after being acquired by an affiliate of The Carlyle Group for approximately $2.6 billion. Shortly thereafter at Mobile World Congress 2011 in Barcelona, Spain, Syniverse unveiled its Mobile Video Broadcast Service, the industry’s first video communication solution that is interoperable across platforms, devices and networks. This service enables an operator’s subscribers to send live video to mobile handsets, PCs and social networks, delivering live peer-to-peer video communication as easily as sending an SMS.
In July 2013, Syniverse acquired MACH, adding significant capabilities within the roaming, messaging, network and fraud space that help to simplify complexities of the mobile landscape and enable all types of mobile service providers around the globe to deliver the experiences their end users demand.
On August 4, 2014, Syniverse announced that it completed its acquisition of Aicent. This acquisition is expected to expand Syniverse’s global communications network, drive increased value to customers through augmented real-time intelligence services, and extend the company’s global reach to mobile subscribers, enterprises and mobile operators.
In 2015, Syniverse helped contribute to an industry milestone by enabling a U.S. operator and a Japanese operator to implement the world’s first transoceanic VoLTE (Voice over Long Term Evolution) roaming call. Similarly, that same year, Syniverse made another major accomplishment by helping Western Union strengthen its customer loyalty program with a text-messaging solution that provided the financial institution the capability to send reward redemption offers for opted-in customers, and the capability for customers to send messages to check their point balances and redeem eligible rewards.
Today, the company connects more than 1,500 mobile service providers and enterprises in nearly 200 countries.
In the last few years, Syniverse’s awards have included the following:
- GSMA's Global Mobile Award for Best Roaming Product or Service for Syniverse DataNet, the company's near-real time roaming data exchange (NRTRDE) solution that protects network operators and their subscribers from fraud and makes fraud easier to detect and resolve.
- Syniverse CEO Steve Gray was named to the Global Telecoms Business Power100.
- Syniverse was recognized as an E-Tech award winner for Location and Proximity Services for its partnership with MasterCard that gives financial institutions the ability to compare credit card transaction locations with their cardholders' mobile device location.
- Syniverse was selected as a Competitive Carriers Association Associate Member Annual Achievement Award winner for its involvement with local and national charities and encouragement of employees to stay involved through community service, material contributions or monetary donations.
- Syniverse Chief Marketing Officer Mary Clark was included in the Hot Topics list of 100 most innovative CMOs in the world.
- Syniverse was recognized by Global Telecoms Business for launching the first domestic LTE roaming service in the U.S., in collaboration with GCI, Alaska's largest telecom company.
- Syniverse IPX was recognized at the 2015 LTE Awards with an award for Best Roaming Solution.
- Syniverse CMO Mary Clark was named to Mobile Marketer’s list of Mobile Women to Watch for 2016.
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