Aussie mobile commerce unit nabs Brazil's Zenvia

Aussie mobile commerce unit nabs Brazil's Zenvia

M&A Telecoms Game-Changers Australia Brazil

Australian-listed Syntonic agreed to buy Brazilian A2P service provider Zenvia Mobile Servicos Digitais for $700m in cash, integrating the Aussie firm's operations with mobile operators in Brazil and potentially 235.7m subscribers. Syntonic will also pay a $21.5m vendor earn-out fee over 3.5 years. The integration gives content providers tools for customer acquisition and engagement through Syntonic's Freeway sponsored data and data rewards services. Mobile carriers can also gain access to mobil

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