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Roundup: Synchronica, RIM, Assurant Solutions, XY Prepago-Paytoo

Bnamericas Published: Monday, October 17, 2011
UK mobile email and synchronization solutions provider Synchronica will reduce headcount by some 22% and close several branches in a drive to cut operating costs and better capitalize on organic sales growth, the company said in a statement. Synchronica also provided third quarter 2011 revenue guidance of US$6.6mn, a 742% jump over US$700,000 in the same period of 2010. The company said the significant increase reflects contributions from the recently acquired operator branded messaging business of Nokia (NYSE: NOK). In September, Synchronica announced that founders CEO Carsten Brinkschulte and chief marketing officer Nicole Meissner had resigned. Synchronica is active in Latin America, where it has agreements with the two largest carriers, América Móvil (NYSE: AMX) and Telefónica (NYSE: TEF). *** Research In Motion (RIM) (Nasdaq: RIMM), maker of the BlackBerry smartphone, announced on Monday that a selection of premium apps worth a total of more than US$100 a person will be offered free of charge to subscribers in compensation for the service disruptions last week. The apps will be made available to customers over the coming weeks on BlackBerryApp World and will continue to be available until December 31. *** Manuel Becerra, president of Assurant Solutions' mobile services division, has been elected to the 2012 board of directors for the CTIA wireless association, Assurant said in a statement. Becerra has held a series of leadership positions at Assurant Solutions involving product development, marketing, sales, finance, client services, customer care and operations. Assurant Solutions' mobile services business provides insurance protection and repair services for a variety of mobile devices in partnership with wireless carriers The company has offices in 12 countries throughout North America, Europe, Latin America, Asia and the Caribbean. *** XY Prepago and Paytoo have reached an agreement to jointly provide mobile wallet services from any mobile phone in Ecuador, the companies said in a statement. XY Prepago is a business unit of G-Tel Group, and Paytoo is part of The Paymotech Group. This alliance aims to develop mobile commerce and international telecommunications supported by an integrated platform of prepaid debit cards and virtual credit cards. With Paytoo and XY Prepago, customers will be able to make local and international long distance calls, transfer credit, pay bills, pay merchants, check their balance and withdraw money in real time. Ecuadorian central bank BCE has been pushing ahead to have mobile wallet introduced in the country as a means of boosting the local economy.

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