Syniverse, “the world’s most connected company”®, today announced it is working with Vodafone Oman to enable 5G roaming services in the Sultanate of Oman. Vodafone is one of the world’s largest telecommunications companies and has partner operations with mobile networks in 41 countries. Syniverse is a premier global technology provider of mission-critical mobile platforms for carriers and enterprises.
Vodafone Oman will benefit from Syniverse’s Clearing and Settlement solution to drive efficiencies by using a robust set of cloud applications designed to automate and optimize all workflows needed by Vodafone Oman to address its 5G roaming business.
Vodafone Oman will also benefit from Syniverse’s Roaming Fraud Protection and Syniverse’s Universal Commerce for BCE solutions to monetize wholesale roaming traffic using the GSMA’s Billing and Charging Evolution (BCE) industry standard. Universal Commerce for BCE is an industry-leading blockchain based solution which enables new 5G enabled monetization models such as network slicing, and monetization of new 5G enabled use cases such as the internet of Things (IoT).
Universal Commerce for BCE also permits reports between Vodafone Oman and mobile operators to be exchanged upon previously agreed bilateral agreements for use in support of wholesale invoicing and settlement.
By implementing these new methods for monetizing wholesale roaming, Syniverse allows for more accurate and efficient reconciliation of network usage between Vodafone Oman and its roaming partners.
In August 2021, Syniverse announced its plan to go public through a merger agreement with M3-Brigade Acquisition II Corp. (NYSE: MBAC). On January 10, 2022, Syniverse and MBAC announced that MBAC’s special meeting of shareholders to approve the merger is scheduled to be held on February 9, 2022. On January 7, 2022, MBAC commenced mailing of its definitive proxy statement to its shareholders of record as of January 6, 2022. Upon closing of the transaction, the renamed Syniverse Technologies Corporation will be listed on the New York Stock Exchange under the ticker “SYNV.”