Synchronoss gains technology leadership in one of the fastest
growing smartphone markets in Southeast Asia
BRIDGEWATER, N.J.--(BUSINESS WIRE)--Jul. 13, 2015--
Synchronoss Technologies, Inc. (NASDAQ:SNCR), the mobile innovation
leader that provides cloud solutions and software-based activation for
mobile carriers, retailers and OEMs around the world, is set to launch
its personal cloud and network activation services solutions in Vietnam,
as the country’s mobile sector expands and large numbers of subscribers
upgrade to smartphones and consume increasing amounts of mobile data.
Synchronoss will be deploying its award-winning network information and
device activation software solutions and its award-winning white-label
Synchronoss Personal Cloud™ solution to optimise the wholesale
telecommunications services business’, provision subscribers with new
smartphones and also provide them with their own personal cloud-based
back-up and storage service for mobile data.
The Vietnamese mobile market is one of the most dynamic and fast-growing
in the Asia-Pacific region. According to a June
2015 report from the General Statistics Office of Vietnam, the
country has 136.9 million mobile subscriptions, including 29.1 million
3G subscriptions - a year-on-year increase of 29.6 per cent. According
to international
research firm IDC, Vietnam is the fastest growing smartphone market in
Southeast Asia, and smartphone sales will continue to increase for at
least the next five years. In 2014, smartphone shipments into
Vietnam totalled 11.6 million units, representing year-on-year growth of
57 percent.
Vietnam’s lack of fixed telecoms infrastructure means that the mobile
phone is often the only way for many people to access the internet. In
addition, the low cost of data in Vietnam means that consumers use their
phone for a growing range of “mobile first” features and services, such
as e-commerce sites, social media, and news and infotainment. This
extends to watching video on websites like YouTube and also native
Vietnamese sites.
“The arrival of affordable smartphones and low-cost data plans in
Vietnam and other high-growth emerging markets has created demand among
subscribers in these regions for mobile-first content and services,”
said Chris Halbard, EVP and President International at Synchronoss.
“This in turn creates an important new opportunity for Synchronoss.”
“Wherever they are in the world, mobile users today want easy, fast and
secure access to their personal content and data on a variety of
devices,” he continued. “Our work with our partners in Vietnam shows the
significance and value of white-label cloud services to operators, both
in mature established markets and increasingly developing nations, to
expand their relationship with customers and as a platform to launch new
services and generate new revenues.”
Synchronoss’ network and device activation service solutions are
carrier-grade, software-as-a-service platforms that enable mobile
operators and OEMs to provide a competitive network from both a service
level and cost perspective, then activate and provision new devices and
service bundles for users, seamlessly and automatically. This seamless
user experience is also a key feature of the Synchronoss Personal Cloud
solution, which is used by some of the world’s biggest operators,
including AT&T, Verizon, Vodafone, Orange and Singtel, to provide their
subscribers with an own-branded cloud service that automatically backs
up, synchronizes and stores all their personal contacts, content and
data, for accessing across a range of different devices.
Synchronoss Personal Cloud is device and OS-agnostic, and is able to
support a broad range of devices, mobile Operating Systems and
connectivity types – including 3G, LTE and Wi-Fi.
About Synchronoss Technologies, Inc.
Synchronoss Technologies (NASDAQ: SNCR) is the mobile innovation leader
that provides personal cloud solutions and software-based activation for
connected devices across the globe. The company’s proven and scalable
technology solutions allow customers to connect, synchronize and
activate connected devices and services that empower enterprises and
consumers to live in a connected world. For more information visit us
at: www.synchronoss.com.
The Synchronoss logo and Synchronoss are trademarks of Synchronoss
Technologies, Inc. All other trademarks are property of their respective
owners.
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Source: Synchronoss Technologies, Inc.
Synchronoss Technologies, Inc.
Media:
Stacie Hiras, +1
908-674-0758
Stacie.hiras@synchronoss.com
or
Investor:
Seth
Potter, +1 646-277-1230
investor@synchronoss.com