Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Snowlake Investment Pte Ltd
   2. Issuer Name and Ticker or Trading Symbol
SYNIVERSE HOLDINGS INC [SVR] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
255 SHORELINE DRIVE, SUITE 600, 		 3. Date of Earliest Transaction (Month/Day/Year)
02/15/2005
(Street)

REDWOOD CITY, CA 94065		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class A Cumulative Redeemable Preferred Stock (1) 02/15/2005   J(2)     14,473.83   (1)   (3) Common Stock 1,278,265 $ 1,413.05 13,400.42 D (4)  
Class A Cumulative Redeemable Preferred Stock (1) 02/15/2005   J(2)     14,473.83   (1)   (3) Common Stock 1,278,265 $ 1,413.05 13,400.42 I (4) 4
Class A Cumulative Redeemable Preferred Stock (1) 02/15/2005   J(2)     14,473.83   (1)   (3) Common Stock 1,278,265 $ 1,413.05 13,400.42 I (4) 4

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Snowlake Investment Pte Ltd
255 SHORELINE DRIVE, SUITE 600
REDWOOD CITY, CA 94065		     X    
GOVERNMENT OF SINGAPORE INVESTMENT CORP PTE LTD ET AL
333 BUSH STREET
SAN FRANCISCO, CA 94104		     X    
GIC Special Investments Pte Ltd
255 SHORELINE DRIVE
SUITE 600
REDWOOD CITY, CA 94065		     X    

Signatures

 Ng Kin Sze, Senior Executive Vice President   04/06/2005
**Signature of Reporting Person Date
 Ng Kin Sze, Senior Executive Vice President   04/06/2005
**Signature of Reporting Person Date
 Ng Kin Sze, Senior Executive Vice President   04/06/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Each share of Class A Cumulative Redeemable Preferred Stock is convertible into the number of shares of Common Stock obtained by dividing (1) the sum of (a) $1,000 and (b) any accrued and unpaid vididends through February 9, 2005 by (2) the per share initial public offering price of the Common Stock, which is $16.00.
(2) The reported securities were call for redemption by the issuer at a price equal to their liquidation value, plus all accrued and unpaid dividends thereon.
(3) Each share of Class A Cumulative Redeemable Preferred Stock that is not redeemed with the proceeds from the initial public offering of Common Stock will be converted into Common Stock on the 40th day after the closing of Syniverse Holdings, Inc.'s initial public offering of Common Stock.
(4) Snowlake Investment Pte Ltd shares power to vote and power to dispose of the securities beneficially owned by it with GIC Special Investments Pte Ltd, and the Government of Singapore Investment Corporation Pte Ltd. The reporting persons disclaim membership in a group. The filing of this form shall not be deemed an admission that GIC Special Investments Pte Ltd or the Government of Singapore Investment Corporation Pte Ltd is, for Section 16 purposes or otherwise, the beneficial owner of such shares.

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