On May 4, 2009, Syniverse Holdings, Inc. and Syniverse Technologies, Inc. entered into an Amendment, Waiver, Resignation and Appointment Agreement, (the "Amendment"), with Lehman Commercial Paper Inc. ("LCPI"), as resigning Administrative Agent and Swing Line Lender under the Original Credit Agreement (as defined below), Bank of America, N.A. ("Bank of America"), as successor Administrative Agent and Swing Line Lender and certain of the other parties to the Amended and Restated Credit Agreement dated as of August 9, 2007 (as amended, restated or otherwise modified, the "Original Credit Agreement"), among Syniverse Holdings, Inc., as Parent, Syniverse Technologies, Inc., as Borrower, financial institutions from time to time party thereto as "Lenders," Lehman Brothers, Inc. and Deutsche Bank Securities, Inc., as joint lead arrangers and joint book-running managers, Bear Stearns Corporation Lending Inc. and LaSalle Bank National Association, as co-documentation agents, Deutsche Bank AG New York Branch, as Syndication Agent, and LCPI, as Administrative Agent. Capitalized terms used herein without definition have the meaning assigned to such terms in the Original Credit Agreement, as amended by the Amendment. The Original Credit Agreement is filed with the Securities and Exchange Commission (the "SEC") as Exhibit 10.2 to our Current Report on Form 8-K, dated August 8, 2007.

Pursuant to the Amendment, LCPI has resigned as Administrative Agent and Swing Line Lender and Bank of America has been appointed as successor Administrative Agent and Swing Line Lender under the Original Credit Agreement. The Amendment also provides for other modifications of the Original Credit Agreement, including, without limitation, the following:

1. Terminating LCPI's Revolving Credit Commitment and provides for Bank of America to extend to the Borrower an Incremental Revolving Credit Commitment of $10,000,000.

2. Increasing the permitted amount of Incremental Revolving Credit Commitments from $100,000,000 to $130,000,000 to account for the termination of LCPI's Revolving Credit Commitment.

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by the Amendment filed as Exhibit 10.1 hereto. Pursuant to General Instruction F to the SEC's Form 8-K, a copy of the Amendment is filed as Exhibit 10.1 hereto, and the Amendment is incorporated into this Item 1.01 by this reference.

Exhibit No.      Description
10.1*            Amendment, Waiver, Resignation and Appointment Agreement, dated as
                 of May 4, 2009 by and among Syniverse Holdings, Inc., Syniverse
                 Technologies, Inc., the other financial institutions party
                 thereto, Lehman Commercial Paper Inc., and Bank of America, N.A.

* Filed herewith electronically.