Paullee
8 years ago
Vodafone Now Marketing Pareteum’s (TEUM) MVNO Platform Worldwide
Zacks Small Cap Research
December 21, 2016
By Lisa Thompson
NYSE:TEUM
On December 21, 2016, Pareteum Corporation (TEUM) announced it has secured an extension of its existing MVNE relationship with Vodafone Enabler S.L. (VEE) and expects it first MVNO customer rollout through Vodafone Enabler during the first quarter of 2017. Vodafone Enabler is a group out of Vodafone Spain that is taking MNVO service offerings to all the Vodafone companies throughout the world. By using the Pareteum platform, and working with Vodafone Roaming, it can offer customers a turnkey service offering that allows seamless global roaming. So now any Vodafone company, based in any country, can offer its customers a product that gives its users communication services anywhere on the globe. This first announced customer, who will port over to Pareteum in Q1, is a current enterprise customer of Vodafone. Its has operations all over the world and has an extremely mobile employee and customer base and can use the Pareteum cloud based global platform to cut costs for employees and offer innovative services to customers. We believe in Q1 Vodafone could make an announcement as to who this customer is, and what services it is providing. With this reference customer, Pareteum should be able to market to others in this industry as well as companies in industries such as shipping, logistics, and IoT all of whom have global mobility as a common denominator.
The large majority of Pareteum’s revenues is supported by its long relationship with Vodafone Spain and should keep the company above water. It has plans in place to grow its current business 25% next year off its $12 million Q4 2016 run rate and already has three new customers signed. It has great prospects through Vodafone Enabler to capture customers requiring global roaming. Its cloud-based platform provides a leading edge solution for MVNOs and MVNEs who wish to create innovative products to sell to enterprises as well as consumers. It allows providers to seamless move traffic from carrier to carrier via software and takes advantage of multiple carriers in a geography without the user even knowing. This software defined network (SDN) solution is enjoying increasing adoption worldwide as it provides greater flexibility and lower costs than traditional legacy networks.
The company trades at a market value of $28.6 (using 220 million fully diluted shares) or an enterprise value of $34.5 million. This is approximately 3 times its current revenue run rate.
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Paullee
8 years ago
Pareteum Announces Expanded European MVNE Contract to Launch First Global MVNO Service
Company’s Global Cloud Platform Allows First MVNO to Eliminate Geographic Mobile Service Limitations
NEW YORK, December 21, 2016 -- Pareteum Corporation (NYSE MKT: TEUM) (“Pareteum,” or the "Company"), a leading international provider of mobile networking software and services, today announced it has secured an expanded Global Cloud Platform services agreement with its largest European customer. The new contract, an extension of its existing MVNE relationship with Vodafone Enabler S.L.(VEE), will allow for the creation and launch of unique Mobile Virtual Network Operator (MVNO) service offerings backed by a Tier-1 network operator’s global roaming services operation. These services, together with the first MVNO customer rollout, are expected during the first quarter of 2017.
“With our enhanced, market-leading cloud-based global mobility platform, Pareteum is now unlocking tremendous new opportunities for operators looking to create new global MVNO revenue streams by eliminating the limitations of location,” said Hal Turner, Pareteum’s Executive Chairman. “Because Pareteum’s mobility platform already powers our European customer’s MVNO brands, we are now in the process of quickly launching these services together with the first MVNO customer. Through a combination of our leading-edge technology and strong industry relationships, we are now better positioned to benefit from the MVNO market estimated to be worth $89.25 billion by 2022, according to new research published by Global Market Insights, Inc.”
The new MVNO service will take full advantage of existing carrier network and worldwide roaming agreements and will run on Pareteum’s cloud based platform, allowing for prepaid and postpaid services outside of the MVNO’s traditional operating geography. One of the greatest challenges facing MVNO’s looking to create and deploy new services is that the physical and geographic boundaries of provisioning services outside of home country can be difficult and cost prohibitive. The new MVNO services platform supports a diversity of users including brands, enterprises, IoT devices and those on 4G networks, representing substantial new revenue generating opportunities for Pareteum. Services under the new agreement are already being provisioned and new subscriber additions are expected to begin in the first quarter of 2017. The expanded agreement also paves the way for additional brands looking to go global and benefit from Pareteum’s extensive mobile services platform and the network reach of this tier one global carrier.
Luis Jimenez Tunon, Chief Executive of Vodafone Enabler added, “We have moved to the next logical step in our partnership with Pareteum. We started with a platform to enable our existing MVNO and Lowi.es businesses using their enablement platform and our positive experience has enabled us to now open our opportunities to other Vodafone properties and global roaming and to embrace our joint IP transformation. This natural expansion is a result of the focused effort by both teams to bring additional opportunities to the VEE platform throughout the Vodafone Group.”
“We are excited to extend our relationship with our largest customer and to play a critical role in their ambitious global expansion plans,” said Vic Bozzo CEO of Pareteum. “Today’s agreement further demonstrates the momentum and traction we are seeing in the market, driven by our unique ability to enable our customers to extend their offerings and for the first time, empowering MVNO brands to break free of their geographical bounds.”
About Pareteum Corporation:
Pareteum Corporation, and its subsidiaries provide a complete mobility cloud platform, utilizing messaging and security capabilities for the global Mobile, MVNO, Enterprise and IoT markets. Pareteum’s large MVNE customers, include Vodafone (NASDAQ: VOD, the world’s second largest mobile operator by customer), Zain (KW: ZAIN, the 4th largest mobile operator in the world in terms of geographical presence), Cleartech, Expeto and other Tier 1 and MVNO customers. For more information please visit: www.pareteum.com.
Forward-Looking Statements:
Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to Pareteum’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about Pareteum’s industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of Pareteum may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, Pareteum also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from those projected or suggested in Pareteum’s filings with the Securities and Exchange Commission, copies of which are available from the SEC or may be obtained upon request from Pareteum.
Investor Relations Contacts:
Steve Gersten
813-334-8920
sgersten@tampabay.rr.com
Scott Gordon
CoreIR
631-703-4900
scottg@coreir.com
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Paullee
8 years ago
Elephant Talk Enables Global Brand MVNO Framework
[PR Newswire]
October 11, 2016
NEW YORK, Oct. 11, 2016 /PRNewswire/ -- Elephant Talk Communications Corp. (NYSE MKT: ETAK) ("Elephant Talk," or the "Company"), a leading international provider of mobile networking software and services, today announced that its mobile virtual network enterprise (MVNE) mobile cloud services platform will be deployed with its strategic partner Expeto's 4G LTE engine, providing a new enterprise "brand focused" Mobile Virtual Network Operator (MVNO) unique branded global mobile services.
Elephant Talk Communications' Logo.
Elephant Talk Communications' Logo.
Elephant Talk, Expeto, and our new "brand focused" MVNO enterprise customer have agreed to create a detailed commercial, technical and financial business model, including revenue sharing arrangements, related to the global deployment of consumer branded mobile networks, handsets and brand-exclusive content, engaged by the MVNO, with network services delivered through existing global roaming access partners already running on the Elephant Talk systems.
The development and deployment of this jointly managed global mobile solution represents a new, disintermediated and highly disruptive paradigm in branded mobile services delivery. Its "brand first" business model will deploy services that depart from the customary gigabyte - megabyte data-based, rated service plan pricing models, providing a new pricing basis leveraging a brand membership subscription plan which effectively removes the "distribution tax" that brands otherwise endure in connecting with their customers. The delivery of this branded global mobile solution business model is expected to transition Elephant Talk from a low margin wholesale provider to pricing and profit margins enjoyed by the leading software as a service companies.
"We are pleased to join forces with our partner, Expeto, in forging our first global MVNO partnered solution with a market leading (albeit in "stealth mode" in deference to their brand customers), global, brand-centric MVNO solution provider. This is a significant milestone with disruptive market implications, which has the potential to bring millions of subscribers (members) that loyally follow global and national cult brands. Brands have learned so much about their consumers' engagement and network economies available to them via social networks. The most innovative brands are strengthening their communities around the interests of enthusiastic and loyal customers. Now with the ETAK-Expeto solution, those brands will retain more direct control and distribution of exclusive brand related information, services, and content. This represents a material improvement for the brand member's consumed content, while reducing costly dependencies on 3rd parties," said Hal Turner, Executive Chairman of Elephant Talk.
"This enterprise focused model represents exclusive brands which will purchase handsets, media and secure content, downloads, movies, interviews and additional content the brand wishes to present to their members. This includes established retail distribution channels with major recognized retail brands. Handset manufacturing and distribution agreements are in place already. We expect to see an increasing number of brands approaching us to discuss not so much the launch of a traditional SIM-only based MVNO, but rather the possibility to distribute branded devices that smartly choose its optimal connection via cloud based networks, delivering seamless services in multiple geographies," Mr. Turner added.
As enterprises look to expand the services they offer to customers and employees, Communications Service Providers (CSPs) struggle to move beyond connectivity to offer the full capability for businesses looking to exploit IoT (internet of everything). In response, enterprises are seeking to directly deploy MVNO services, equipping them to take control of their own operations and networks. The Elephant Talk - Expeto strategic partnership responds to this growing market demand, offering complete MVNO capabilities within trusted private networks. Gartner predicts, 'By 2018 the top 1000 global enterprises will implement MVNO capabilities of some scale in support of their IOT capabilities.'
"With Expeto enabling private organizations to fully control cellular data in a trusted way, inclusive of LTE and WIFI data and the partnership with Elephant Talk, including its online subscription management and unique billing, the two Companies can address the needs of global enterprise and cult brands willing to control, by themselves, the distribution of their content directly to their best consumers and fans, no longer depending exclusively on dominant operators and social networks," said Ryley MacKenzie, CEO of Expeto.
About Elephant Talk Communications Corp.:
Elephant Talk Communications Corp., and its subsidiaries (also referred to as "Elephant Talk", "ET" and "the Company") provide a complete mobility cloud platform, utilizing messaging and security capabilities. Elephant Talk offers fully managed 'single sign on and application access' Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS) applications designed for communications services providers and enterprises. SaaS are applications designed for end-users, delivered over the web. PaaS is a set of tools and services designed to make coding and deploying those applications quick and efficient. IaaS is the hardware and software solution that powers it all including servers, storage, networks and operating systems. The Company is comprised of a deeply experienced management team, architects, software developers, implementation specialists and an operations team who bring turnkey mobile solutions to the retail telecommunications industry. ET also provides software based authentication and voice-biometrics technology and services through its license with ValidSoft UK Limited ("ValidSoft"). For more information please visit: www.elephanttalk.com.
About ValidSoft UK Ltd:
ValidSoft secures transactions using personal authentication and device assurance. ValidSoft enables its customers to enhance their security while improving their user experience, utilizing our multi-factor authentication platform, Voice Biometric engine and Device Trust technology, all of which may be used as 'stand-alone' or integrated into multi-vendor solutions. ValidSoft serves multiple clients across the financial services, government and enterprise sectors and is the only company to have been granted four European Privacy Seals, reflecting its commitment to strong data privacy. For more information please visit: www.validsoft.com
geocam
8 years ago
$ETAK increases the number of authorized shares of common stock issuable by the Company from 250,000,000 to 500,000,000.
Current Report Filing (8-k)
http://ih.advfn.com/p.php?pid=nmona&article=72308322&symbol=ETAK
Date : 08/29/2016 @ 4:32PM
Source : Edgar (US Regulatory)
Stock : Elephant Talk Communication Corp. Delaware (ETAK)
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
On August 26, 2016, Elephant Talk Communications Corp. (the “Company”) filed with the Secretary of State of the State of Delaware a Certificate of Amendment amending the Company’s Certificate of Incorporation, as amended. The Certificate of Amendment, which was approved by the Company’s Board of Directors at a meeting of the Board of Directors and by a majority of the Company’s stockholders at the Company’s annual meeting on August 16, 2016, increases the number of authorized shares of common stock issuable by the Company from 250,000,000 to 500,000,000. The Certificate of Amendment is attached to this Current Report as Exhibit 3.1. All descriptions of the Certificate of Amendment herein are qualified in their entirety to the text of Exhibit 3.1 hereto, which is incorporated herein by reference.
stock1ace1
9 years ago
As part of a binding letter agreement signed February 17, 2016, Cross River will wire transfer $8 million to ET no later than March 21, 2016, and will issue a $4 million short-term secured note in favor of ET for the balance of the purchase price. Cross River will use all possible efforts to complete a second advance payment to ET of $1.5 million before February 29, 2016, which, if paid, will serve to reduce the $8,000,000 cash payable, due upon closing. Effective as of the date of the Agreement, the existing Loan will be applied by ET towards to the purchase price of ValidSoft and will be non-refundable in the event that the ValidSoft sale transaction fails to close before 21 March 2016 (or at all) for reasons attributable to Cross River's failure to adhere to the terms of the Agreement, in which case such cash will be rolled into ET's PIPE placement.
stock1ace1
9 years ago
Epic News 12.5 Mill Binding Agreement !
Elephant Talk Communications Signs Binding Agreement with Cross River Advisors to Divest ValidSoft for $12.5 Million
Source: PR Newswire (US)
NEW YORK, Feb. 18, 2016 /PRNewswire/ -- Elephant Talk Communications Corp. (NYSE MKT: ETAK) ("ET" or the "Company"), a provider of cloud-based mobile network solutions today announced the signing of a binding letter agreement (the "Agreement") with Cross River Initiatives LLC ("Cross River") to divest ValidSoft for a total consideration of $12.5 million.
Elephant Talk Communications' Logo
Hal Turner, Executive Chairman of the Board of ET, commented, "We are pleased to have reached a binding agreement with Cross River for the divestiture of ValidSoft. The closing of this transaction will significantly strengthen our balance sheet and provide working capital to complete our restructuring and pursue key growth opportunities. We see tremendous opportunity in ValidSoft's secure biometric technology and intend to commercialize it, going forward, through the perpetual, royalty-free license that we expect to retain as part of the transaction. We want to thank our loyal shareholders for their patience and support during our restructuring."
On January 19, 2016, a $500,000 advance was paid to ET, by Cross River, for their proposed purchase of ValidSoft (structured as a loan ("Loan") if the transaction did not proceed). As part of a binding letter agreement signed February 17, 2016, Cross River will wire transfer $8 million to ET no later than March 21, 2016, and will issue a $4 million short-term secured note in favor of ET for the balance of the purchase price. Cross River will use all possible efforts to complete a second advance payment to ET of $1.5 million before February 29, 2016, which, if paid, will serve to reduce the $8,000,000 cash payable, due upon closing. Effective as of the date of the Agreement, the existing Loan will be applied by ET towards to the purchase price of ValidSoft and will be non-refundable in the event that the ValidSoft sale transaction fails to close before 21 March 2016 (or at all) for reasons attributable to Cross River's failure to adhere to the terms of the Agreement, in which case such cash will be rolled into ET's PIPE placement.
Effective 1 February 2016, Cross River has agreed to assume all actual working capital and general business expenses of ValidSoft. Any and all working capital payments will be non-refundable in the event that the Transaction fails to close before 21 March 2016 (or at all) for reasons attributable to Cross River's failure to adhere to the terms of the binding letter agreement, in which case such cash will likewise be rolled into ET's PIPE placement. Additionally, ET, ValidSoft and Cross River agree that they will negotiate a perpetual, royalty-free license to ValidSoft's Device Trust™ and User Authentication™ solutions, including in particular a right to incorporate such technologies into ET's mobile telecommunications-cloud platform - including the right to resell such technologies through its platform.
As previously announced, the Company is undergoing a restructuring of its operations to bring costs in line with current revenues and these actions have involved significant headcount reductions, executive management changes and new board members. The Company has accepted the resignations of two longstanding board members, Mr. Carl Stevens and Mr. Francisco Ros, who have both stepped down for personal reasons. Mr. Turner commented, "Although the divestiture has taken a little longer than we had initially anticipated, we are pleased with the overall restructuring and we can see a clear path towards sustainability and future profitable growth. We would like to thank both Mr. Stevens and Dr. Ros for their longstanding service as independent board members and wish them well in their future endeavors."
About Elephant Talk Communications Corp.:
Elephant Talk Communications Corp. (NYSE MKT: ETAK) has developed a proprietary software and telecoms platform to provide cloud-based mobile network solutions to Communications Services Providers (MNOs, MVNOs), Enterprise, Government/Education Organizations, Application/Content and Retail Providers.
Elephant Talk was founded by experienced software and telecom professionals to commercialize its pure software-based telecom platform (long before Software Defined Networks (SDN) and network function virtualization (NFV) were recognized concepts). The Company deployed its first virtual network (MVNO) platform for a major mobile carrier in 2008. Elephant Talk's turnkey mobile services platform is capable of supporting millions of subscribers. The new Executive Management team enhances the Company with a wealth of experience in the telecoms, software and technology sectors and has a proven track record in achieving rapid, financial and commercial growth. Please visit www.elephanttalk.com for more information.
About ValidSoft UK Ltd.:
ValidSoft, a subsidiary of Elephant Talk Communications Corp., secures transactions using personal authentication and device assurance. We enable our customers to enhance their security while improving their user experience, utilizing our multi-factor authentication platform, Voice Biometric engine and Device Trust technology, all of which may be used as 'stand-alone' or integrated into multi-vendor solutions. ValidSoft serves multiple clients across the financial services, government and enterprise sectors and is the only company to have been granted four European Privacy Seals, reflecting its commitment to strong data privacy. Visit: www.validsoft.com.
Forward-Looking Statements:
Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to Elephant Talk's plans and objectives, projections, expectations and intentions (including, without limitation, Elephant Talk's plans in regard to its ValidSoft subsidiary). These forward-looking statements are based on current expectations, estimates and projections about Elephant Talk's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of Elephant Talk may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, Elephant Talk also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from those projected or suggested in Elephant Talk's filings with the Securities and Exchange Commission, copies of which are available from the SEC or may be obtained upon request from Elephant Talk.
Investor Contact:
Capital Markets Group, LLC
Alan Sheinwald or Valter Pinto
PH: (914) 669-0222
valter@capmarketsgroup.com
www.CapMarketsGroup.com
Logo - http://photos.prnewswire.com/prnh/20120917/MM75872LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/elephant-talk-communications-signs-binding-agreement-with-cross-river-advisors-to-divest-validsoft-for-125-million-300222322.html
SOURCE Elephant Talk Communications Corp.
Copyright 2016 PR Newswire
MissionIR
9 years ago
ETAK Initiates Restructuring of Global Business Operations with Executive and Board Appointments
As part of its efforts to restructure its global business under recently appointed executive chairman Hal Turner, Elephant Talk Communications Corp. (NYSE MKT: ETAK) recently announced a series of executive and board appointments. These appointments are expected to be the first in a number of critical improvements to the company’s organizational structure designed to boost Elephant Talk’s business operations, technological developments and ability to deliver the best services and support to its rapidly expanding customer base.
The executive appointments and transitions include:
- Gary Brandt has been named chief restructuring officer and will be responsible for leading the transition and reorganization of Elephant Talk’s global operations. Brandt brings more than three decades of experience in C-level and executive finance leadership with several public companies in the technology space.
- Armin Hessler, formerly co-president of the company’s mobile platform business, will now serve as Elephant Talk’s chief operating officer.
- Robert Skaff, founder of DiNotte Lighting Hampton, has been elected as a new independent director, assuming the position formerly held by Jaime Bustillo.
- Tim Payne, current president of Elephant Talk North America (ETNA), has stepped down as the company’s interim chief executive officer. Payne will continue to serve as president of ETNA.
“When I assumed the role of executive chairman last month, one of my first priorities was to undertake an extensive, top to bottom review of the company,” Hal Turner, executive chairman of the board of Elephant Talk, stated in the news release. “With Gary Brandt’s appointment to lead the restructuring and the expansion of Armin Hessler’s responsibilities, we are building a foundation of world-class leadership to run our global business operations that will complement Elephant Talk’s world-class technology.”
The company expects to continue its restructuring efforts by announcing additional executive appointments during the first half of 2016.
Hal Turner was appointed to the position of executive chairman last month. He brings more than 40 years of international C-level global telecom and communications experience to Elephant Talk, including extensive experience as an executive with major wireless and wired operators. Notably, he served in senior sales and marketing roles at AT&T (NYSE: T) and as the president and chief operating officer of BellSouth Communications, Inc. prior to its merger with AT&T.
Elephant Talk is a leading international provider of mobile networking software and services. Leveraging software-defined networking, network function virtualization and cloud technologies, the company has developed a suite of products that are at the leading edge of performance and reliability in the rapidly evolving mobile telecommunications industry.
For more information, visit www.elephanttalk.com
MissionIR
9 years ago
ETAK Offering Upstart Telecommunications Firms the Tools Needed for Sustainable Growth
The telecommunications market can be a confusing, acronym-filled place for the uninitiated. First, there are mobile network operators (MNOs), or wireless service providers. These companies own or control all of the necessary elements to sell and deliver cell phone services to customers. In the United States, major MNOs include Verizon Wireless (NYSE: VZ), AT&T (NYSE: T), T-Mobile (NASDAQ: TMUS) and Sprint (NYSE: S). In addition to offering services directly to consumers, MNOs normally obtain additional revenue by selling access to their network services to mobile virtual network operators (MVNOs) at wholesale rates. For consumers, MVNOs provide similar services to those offered by MNOs, but these companies are different because they don’t own their own wireless network infrastructure.
In some cases, MVNOs use their own customer service, billing support systems and marketing and sales personnel, but the upfront capital needed to fund these investments is often too much for newly formed wireless service providers. In order to cut initial costs, MVNOs can employ the services of a mobile virtual network enabler (MVNE). MVNEs provide a full range of network enablement platforms and services to MVNOs without having any direct relationship with the consumer. Benefits for MVNOs include a dramatic reduction in upfront capital expenses and potential savings in wholesale airtime costs resulting from bulk purchase discounts enabled by larger MVNEs.
Elephant Talk Communications Corp. (NYSE MKT: ETAK) is a leading provider of mobile networking software and services following an MVNE model. The company provides a patented cloud-based mobile communications infrastructure, operating software and managed services while enabling MVNOs to offer a full suite of products and high quality customer service without substantial upfront investment.
ETAK already counts several of the world’s leading MNOs and technology firms amongst its customers and partners, but the company took a significant step toward increasing its market share in October when it entered into a cloud service and software license agreement with the wholesale division of a tier one U.S. mobile operator. Following this agreement, the tier one MNO may procure ETAK’s proprietary MVNE services platform for use in the launch of a number of new MVNO brands at a later date.
The costs associated with developing a nationwide communications network are astronomical, so the best entry point for upstart telecommunications firms utilizes the MVNO model. As an established provider of MVNE services with a proven mobile service platform, ETAK is in a strong position to benefit from continued market expansion for the foreseeable future.
For more information, visit www.elephanttalk.com
MissionIR
9 years ago
ETAK Expands Presence in Latin America through Partnership with EUTV Brazil
In September, Elephant Talk Communications Corp. set the stage for sustainable international growth when it was selected by EUTV Brazil, a pioneering telecom provider, to provide its proprietary ET Software DNA® 2.0 mobile service platform throughout Brazil. Through this partnership, ETAK will deliver its core virtualized software service platform to the telecom provider, enabling Surf Telecom®, EUTV Brazil’s tier one authorized mobile brand, to provide superior services to end users and mobile virtual network operators (MVNOs).
“We are very proud to have been selected by Surf Telecom after they thoroughly assessed the capabilities of our virtualized ET Software DNA 2.0 platform,” Martin Zuurbier, co-president of mobile platform business with ETAK, stated in a news release. “Elephant Talk welcomes the partnership… as we enter the vibrant Brazilian mobility market, a market ranked fifth worldwide in 2014 based on the number of subscribers, according to the International Telecommunications Union.”
ETAK’s ET Software DNA 2.0 intelligent mobile service platform empowers mobile network operators (MNOs) and MVNOs with fully-functional tier one, on premise or cloud-based mobile communications core network infrastructure functionality at a fraction of the cost of in-house solutions. By utilizing a software-as-a-service model, the company is able to offer its customers dramatically improved system reliability and overall return on investment. Additionally, thanks to its real-time simultaneous processing capabilities, ETAK’s platform delivers some of the highest key performance indicators in the industry, improving the ability of its customers to adapt to market changes faster while delivering a better overall service experience to mobile subscribers.
Through its innovative suite of mobile network software and services, ETAK enables telecom carriers and MNOs around the globe to offer a range of products, delivery platforms, support services, superior industry expertise and high quality customer service without a substantial upfront investment. Following its partnership with Surf Telecom, the company’s reach covers the entire globe, with a customer base and network of partners on every continent. ETAK already counts several of the world’s leading MNOs and technology firms – including Fair Isaac Corporation (NYSE: FICO), Hewlett-Packard (NYSE: HPQ), T-Mobile (NASDAQ: TMUS) and Vodafone (NASDAQ: VOD) – amongst its customers and partners.
Moving forward, ETAK is in a strong position to build on its presence on the international stage, particularly in the rapidly expanding markets of Latin America. Look for the company to leverage its recent partnership with Surf Telecom in order to continue promoting strong financial growth in the months to come.
For more information, visit www.elephanttalk.com
MissionIR
9 years ago
ETAK Provides a Mobile Service Platform that Boosts Customer Satisfaction and Confidence at Every Level
Elephant Talk Communications Corp. offers an advanced mobile network platform with cyber security solutions for both Mobile Network Operators (MNO) and Mobile Virtual Network Operators (MVNO). The company gives its customers tier one, on premise or cloud-based, outsourced mobile communications network functionality that greatly diminishes the Total Cost of Ownership for its customers. Elephant Talk works not only with smaller MVNOs like Vodafone and Zain, but also with larger MNOs like T-Mobile and HP.
The Elephant Talk Software DNA® 2.0 mobile service platform includes advanced Software Defined Networking (SDN) with Network Function Virtualization (NFV) technologies. This platform uses a range of Commercial-Off-the-Shelf (COTS) hardware that supports a whole list of network services and features to suit client interests. For better industry competition awareness, this service also uses “3D Processing” in real time, to view key performance indicators (KPI) quickly so Elephant Talk clients can stay ahead of the game.
On the business end, the Elephant Talk Business Operating Support System (BOSS) helps its clients every step of the way. The company assures a low-cost deployment of products and services so clients can run their business efficiently. Furthermore, Elephant Talk’s support system assists clients with sales, marketing, revenue assurance, payment plans, strategy, distribution and more. That way, Elephant Talk clients can have the best tools available to run a successful company.
ValidSoft, a subsidiary of Elephant Talk, continues the mobile platform with its voice biometrics security software. This gives clients and their customers a smoother experience when finishing a transaction. Instead of remembering pins and passwords, customers simply speak into their devices to unlock what they need. ValidSoft aims to provide a helpful user experience for both client and consumer.
Having technology that is user friendly can create a stable and sustainable relationship between the manufacturer and buyer. Elephant Talk Communications Corp. intends to solidify a positive user experience for its clients and, in turn, their customers.
For more information, please visit http://elephanttalk.com
MissionIR
9 years ago
ETAK Set to Capitalize on Selection as MVNO Platform Solution Provider for Tier 1 Mobile Operator
The costs associated with building a nationwide wireless network are immense. Despite this fact, new voice and data service operators enter the market on a regular basis, often providing consumers with considerable cost savings for mobile phone and data service. These smaller carriers are known as mobile virtual network operators (MVNOs). Instead of attempting to create a wireless network of their own, these companies lease wireless telephone and data service from established mobile network operators (MNOs) in their target markets at wholesale rates. In the U.S., these MNOs include AT&T (NYSE: T), Sprint (NYSE: S), T-Mobile (NYST: TMUS) and Verizon (NYSE: VZ).
In some cases, MVNOs use their own customer service, billing support systems, marketing and sales personnel, however, establishing these resources typically requires a substantial amount of upfront capital. Alternatively, MVNOs can enlist the services of a mobile virtual network enabler (MVNE), a business-to-business operation specializing in the planning, implementation and management of mobile services – including SIM provisioning and configuration, customer billing, customer relationship management and value-added service platforms. In this way, startup MVNOs can effectively outsource management of business and technical operations while benefitting from the previous experience of the MVNE as a negotiating channel with MNOs.
Elephant Talk Communications Corp. (NYSE MKT: ETAK) addresses the demand for MVNEs through its proprietary platform. Using market standard interfaces, the company offers global telecommunication companies and other service providers a full suite of products and services that enable them to fully provide mobile telecom services as part of their overall business offerings.
Earlier this month, Elephant Talk announced an agreement with the wholesale division of a Tier 1 U.S. mobile operator through which the operator may procure the company’s innovative MVNO platform services on a non-exclusive basis. Following this agreement, Elephant Talk is in a formidable position to provide launch support for a number of MVNO brands moving forward. The company has already completed the primary integration of its solution platform with the mobile operator’s systems, and it expects to begin supporting new MVNO customers in the coming weeks.
“Our selection by a Tier 1 U.S. mobile operator is a major achievement for Elephant Talk, validating the strength of our technology and the capabilities of our software platforms designed for the unique needs of MNOs and MVNOs,” Tim Payne, president of Elephant Talk North America, stated in a news release. “We have worked closely with this mobile operator to complete the simultaneous integration of our platform with their systems and are pleased to report that we are now ready to support a growing number of new MVNO brands as they are launched on the operator’s network.”
Leaning on the marketability of its technology, Elephant Talk has established itself as an emerging leader in the mobile space. With many of the world’s top MNOs and technology firms already amongst its customers and partners – including Vodafone (NASDAQ: VOD), T-Mobile, Zain, HP (NYSE: HPQ) and Affirmed Networks – the company is primed to promote sustainable financial growth for the foreseeable future.
For more information, visit www.elephanttalk.com
MissionIR
9 years ago
Management Team
Steven van der Velden - Chairman & CEO
Steven van der Velden has extensive entrepreneurial experience in logistics, telecommunications, e-commerce and investment management. He is involved in various ICT ventures throughout Europe, North America, the Far East and Caribbean, and formerly co-founded E-commerce Park NV in Curacao, which developed a 50,000-square-foot data center and Internet hosting facility, the International Telemedia Association (known today as Network for Online Commerce), and InTouch Telecom SA/NV, where he served as CEO until the company was successfully sold to GTS in 1999. He earned his MBA from Rotterdam School of Management and his master's degree in law from Leiden University.
Dr. Armin G.Hessler - Co-President, mobile platform business
Dr. Armin G. Hessler previously headed Vodafone's Global Data Center Management, Service Excellence and Enterprise IT, Strategy & Innovation. Before that he was director IT Operations & IT Customer Services and director of Global Web Enablement at Vodafone. Hessler has also served Terenci AG (Mobile b2b Solutions), Mannesmann AG (director of international projects), AT&T-Unisource NV (director of operations). He also served Telefónica de España (Spain) and was Associate Professor (University of Technology Aachen, Germany). Armin holds various university degrees, studied/served at the University of Technology Aachen, Universidad de Barcelona and as "Visiting Doctoral Fellow" at the Wharton School of Business.
Martin Zuurbier - Co-President, mobile platform business
Martin Zuurbier has over 15 years of direct experience in the telecommunications industry. He was the chief technology officer of Benoit Telecom Holding AG, a telecom service provider in Europe. Zuurbier later served as director and founder of Vocalis Telecom Group located in The Netherlands and Switzerland. He was responsible for building, maintaining and operating a telecommunications network spanning eight countries in Europe including all back-office billing and CRM capabilities. He has been instrumental in developing new switching technology for the telecoms industry.
Pat Carroll - Founder and Executive Chairman of ValidSoft
Pat Carroll has over 20 years of experience in information technology and financial markets. Throughout his career, Carroll has been at the forefront of industry thinking, representing organisator on industry bodies and leading participation in industry initiatives. At ValidSoft, he leads the R&D function and is responsible for intellectual property and new patents. ValidSoft is regarded by leading research analysts as an innovator and a leader in the field of security having received many name checks in key research notes. Prior to founding ValidSoft, Carroll was employed as head of Electronic Trading Technology in Europe for Goldman Sachs International where responsibilities included technical strategy related to electronic trading, client connectivity and straight through processing (STP). In addition, Carroll co-headed European Equities Technology and was a technical advisor to the Investment Banking Division (PIA). Carroll has extensive financial services and technical experience (over 25 years) and has previously worked in a senior capacity with J.P Morgan, Credit Suisse Financial Products and Bankers Trust Company.
Paul Burmester - ValidSoft CEO
With over 30 years of experience in the technology industry, Paul Burmester still continues to be amazed and excited by the latest developments. Burmester has driven six successful exits during his career and has focused on building up early stage privately funded technology businesses to the point of market success and profitable exit through IPO or acquisition. The most recent of these being four in the mobile industry with SpinVox, a leading developer of "Speech to Text" technology being sold to Nuance for $103M; ViAir, the first company to develop real time mobile access to Exchange & Notes, was acquired by Visto for $65M; Paragon Software, the inventors of SyncML, was sold to Phone.com for $515M & Mobile Systems International, the leading designer of mobile networks, sold to Marconi for $618M. Currently based in London, Burmester has lived and worked in various countries across Europe, Asia and the Americas.
Mark Nije - CFO
Prior to becoming CFO, Mark Nije was general manager Europe for the Benoit Telecom Group, from 2004 and later for Elephant Talk, after the acquisition of the Group. Nije is experienced in project and investment management, business development, logistics and telecommunications, with primary responsibilities in accounting, finance and business control. Nije started as project manager and management consultant for Tebodin Consulting Engineers and for Reitsma and Wertheim Merger & Acquisition specialists in the Netherlands. In 1990 he co-founded Logistic Management International NV (LMI), an international cargo transportation and airport handling company at the airport of Curaçao, former Netherlands Antilles. He also served as board member and vice-chairman of the Curaçao Exporters Association. From 2000-2002 he was a partner of QAT Investment SA, the Luxembourg venture capital fund, where he has been active as investment manager and/or board member in various ICT related ventures of QAT. Within the Benoit Telecom Group, he was GM/CFO and specifically managed the various asset acquisitions and audits. Since 2008 he is CFO of Elephant Talk. Since then Elephant Talk grew from a 'small business filer' to an 'accelerated filer' and was upgraded from its quotation on the OTCBB to a listing at the NYSE. Nije earned his MBA with focus on finance & marketing from the Rotterdam School of Management/Erasmus University, the Netherlands, including an exchange program at the University of Western Ontario, Canada, and a Bachelor of Science in Building Construction Management from the University of Reading, United Kingdom.
Alex Vermeulen - General Counsel
Alex Vermeulen worked for 20 years as manager with ING, one of Europe's leading financial groups. Amongst others Vermeulen served as general manager for the Caribbean area and as general manager of Postbank Insurances, a leading direct writer in the Dutch market. In Italy he was responsible for all the life insurance activities of ING and was director of various ING entities, including the investment funds company. In 2003 Vermeulen started his own consultancy company in Italy, initially with advisory services in the life insurance market and broadening later on to other sectors. In 2006 Vermeulen started working for Elephant Talk as consultant. In 2007 he joined Elephant Talk full time as general counsel. Alex studied law at the Leiden University and took his masters in 1981.
Willem Bekkema - Global Manager Human Resources
As the global manager of human resources (HR), Willem Bekkema is responsible for the development and execution of an international HR management strategy designed to meet the growth ambitions of the Elephant Talk Group. Before joining Elephant Talk, Bekkema managed human resources for Atradius Collections, a global leader in business-to-business debt collections with twenty offices across the world and a presence in 220 countries. For driving the company's HR agenda to fit its new international plans, he was awarded a Star Performance Award by Atradius. Earlier in his career, Bekkema served in various senior HR positions for Arcadis, PA Consulting Group, and TomTom International. As global manager of HR for TomTom, Bekkema was key in growing the company worldwide, staffing new branches in Europe, Asia and Oceania. Bekkema has a business law bachelor's degree from the Hanze University in Groningen and also a master's degree in organization and management sociology from the University of Amsterdam.
MissionIR
9 years ago
ETAK Says Voice Biometrics is Best
The recent fingerprint hacking of over five million United States government employees raises questions about the safety of biometrics. Biometrics, a technology that measures and analyzes biological data like voice, fingerprint, iris, and facial scans, is used by companies like Apple and Samsung to unlock user-specific products. However, rising concerns over biometric use within customer-based businesses after the latest breaching of fingerprint data need to be addressed.
Elephant Talk Communications Corporation (NYSE MKT: ETAK), a global provider of Software Defined Network Architecture (ET Software DNA® 2.0) platforms and security solutions, suggests we move towards voice biometric technologies with multi-factor authentication to increase personal identity safety. The current fingerprint biometric trend lacks the option of changing should a breach happen. Fingerprints are static which means they can never be altered, therefore, once stolen the information remains available indefinitely. However, voice biometrics are dynamic which allows for fast alterations should they be compromised.
Various companies are working on biometric interface systems for users that provide safer security measures. ValidSoft, a subsidiary of Elephant Talk, offers security services that use voice biometrics coupled with multi-factor authentication approaches for the development of advanced verification systems to keep sensitive information protected. This means that the company provides multiple layers (factors) of security for each user, making hacking almost impossible. One factor, like a password, can be easily accessed while contextual data specific to a user with other factors proves more difficult. By using the latest in voice biometric algorithm technology, ValidSoft offers user-specific verification software.
Elephant Talk believes in the value of both static and dynamic biometrics, though insists on companies not using them by themselves. For greater security, validation technologies should use multiple factors, contextual data, and numerous layers to keep users and their information locked for theft prevention.
For more information on Elephant Talk Communications Corp., visit www.elephanttalk.com
MissionIR
9 years ago
ETAK is “One to Watch”
Elephant Talk Communications Corp. provides mobile proprietary Software Defined Network Architecture (ET Software DNA® 2.0) platforms for its growing base of strategic partners and clients, which includes some of today’s world-leading MNOs and technology companies, including Vodafone, T-Mobile, Zain, HP and Affirmed Networks.
Targeting its share of the broader $1.4+ trillion telecommunications market, Elephant Talk empowers MNOs, MVNOs, MVNEs and MVNAs with a full suite of applications, reliable industry expertise, and high quality customer service. Understanding that partnership is crucial in enabling and delivering the highest level of quality of product capability and professionalism, Elephant Talk also closely collaborates with other expert organizations and leading service providers.
ValidSoft UK Ltd., a subsidiary of Elephant Talk uses personal authentication and device assurance to secure transactions and help customers reduce fraud losses. As part of its multi-factor authentication, ValidSoft integrates its leading Voice Biometric engine into multivendor solutions or as a standalone system. ValidSoft serves multiple clients in the financial government and business automation sectors and is the only company to have been granted four European Privacy Seals, reflecting its commitment to promoting strong data privacy.
Elephant Talk has implemented rigid structures and processes to ensure corporate integrity and the responsible oversight of all business activities. This vision starts with executive management and extends to every employee. Elephant Talk is guided by a visionary leadership team with a rich history of success in key markets pertinent to both the company’s current and desired market positions. In order to achieve and maintain world-class system performance, Elephant Talk leverages this management team along with collaborations with the world’s best technical partners.
Key Investment Highlights:
• Strategic geographical focus includes the Americas, Europe, the Middle East, Africa, Southeast Asia
• World class mobile cloud management and security delivery platform enables unique product positioning
• Well-positioned for recurring revenue growth, driven by contracts with top industry leaders
• Strong client and partner base for outsourcing services complemented by powerful pipeline of mobile platform outsourcing opportunities
• ValidSoft subsidiary continues to advance IP and patent portfolios; five patents and 22 further patent applications
For more info, visit http://www.elephanttalk.com
stocktrademan
9 years ago
$ETAK recent news/filings
bullish
## source: finance.yahoo.com
Tue, 15 Sep 2015 12:34:00 GMT ~ EUTV Receives Tier1 License to Provide Mobile Services for End Users and Other Organizations through Pioneering MVNA/MVNE Platforms in Brazil; Elephant Talk Selected to Execute EUTV's Full Mobile Services Platform
[PR Newswire] - SAO PAULO, Sept. 15, 2015 /PRNewswire/ -- EUTV® Brazil aka Surf Telecom® today announced that the Company received a Tier 1 license by Anatel, the Brazilian National Telecommunications Agency to provide ...
read full: http://finance.yahoo.com/news/eutv-receives-tier1-license-mobile-123400847.html
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Tue, 08 Sep 2015 21:18:09 GMT ~ ETAK Blog MVNO Growth on the Margin
[at noodls] - No Let Up in MNVO Growth By Steven van der Velden, Chairman and CEO of Elephant Talk Whether you are in the United States, Europe, Asia, Africa or the Middle East or practically anywhere in-between, the ...
read full: http://www.noodls.com/view/09367E0359C300370066CACE0990B8EF2F4DACEF
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Tue, 08 Sep 2015 21:18:09 GMT ~ MVNO Growth on the Margin
[at noodls] - No Let Up in MNVO Growth By Steven van der Velden, Chairman and CEO of Elephant Talk Whether you are in the United States, Europe, Asia, Africa or the Middle East or practically anywhere in-between, the ...
read full: http://www.noodls.com/view/FCF29524435D3636F6D372EBC5E2AE6DD1016CDD
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Thu, 03 Sep 2015 17:22:25 GMT ~ Elephant Talk Communications Corp. Earnings Q2, 2015
read full: http://www.capitalcube.com/blog/index.php/elephant-talk-communications-corp-earnings-q2-2015/
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Mon, 31 Aug 2015 16:00:00 GMT ~ ETAK: Initiating Coverage
[Zacks Small Cap Research] - The SDN market is enjoying rapid growth as operators transition away from cumbersome and expensive hardware and appliance based systems. Additionally, the onset of significant revenues from Brazil depends on the granting of a license from the government and whose timing is unpredictable.
read full: http://finance.yahoo.com/news/etak-initiating-coverage-160000706.html
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$ETAK charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$ETAK company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/ETAK/company-info
Ticker: $ETAK
OTC Market Place: Not Available
CIK code: 0001084384
Company name: Elephant Talk Communications, Inc.
Company website: http://www.elephanttalk.com
Incorporated In: DE, USA
Business Description:
$ETAK share structure
## source: otcmarkets.com
Market Value: $59,380,808 a/o Sep 14, 2015
Shares Outstanding: 160,488,671 a/o Jul 31, 2015
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value
$ETAK extra dd links
Company name: Elephant Talk Communications, Inc.
Company website: http://www.elephanttalk.com
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/ETAK/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/ETAK/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=ETAK+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=ETAK+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=ETAK+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/ETAK/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/ETAK/news - http://finance.yahoo.com/q/h?s=ETAK+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/ETAK/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/ETAK/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/ETAK/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/ETAK/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/ETAK/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/ETAK/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/ETAK/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/ETAK/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=ETAK+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/ETAK
DTCC (dtcc.com): http://search2.dtcc.com/?q=Elephant+Talk+Communications%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Elephant+Talk+Communications%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Elephant+Talk+Communications%2C+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.elephanttalk.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.elephanttalk.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.elephanttalk.com
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/ETAK/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/ETAK
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/ETAK/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/ETAK/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/ETAK/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001084384&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/ETAK/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/ETAK/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/ETAK/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/ETAK/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=ETAK&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=ETAK
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/ETAK/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=ETAK+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=ETAK+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=ETAK
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=ETAK
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=ETAK+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/ETAK/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=ETAK+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/ETAK.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=ETAK
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/ETAK/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/ETAK/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/ETAK/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/ETAK/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/ETAK
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/ETAK
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/ETAK:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=ETAK
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=ETAK
$ETAK DD Notes ~ http://www.ddnotesmaker.com/ETAK
Paullee
9 years ago
EUTV Receives Tier1 License to Provide Mobile Services for End Users and Other Organizations through Pioneering MVNA/MVNE Platforms in Brazil; Elephant Talk Selected to Execute EUTV's Full Mobile Services Platform
PR Newswire EUTV; Elephant Talk Communications Corp.
31 minutes ago
SAO PAULO, Sept. 15, 2015 /PRNewswire/ -- EUTV® Brazil aka Surf Telecom® today announced that the Company received a Tier 1 license by Anatel, the Brazilian National Telecommunications Agency to provide full mobile services for end users, as well as MVNA (Mobile Virtual Network Aggregator) and MVNE (Mobile Virtual Network Enabler) platforms to Brazilian MVNOs (Mobile Virtual Network Operators). The Company also announced that Elephant Talk Communications Corp. (NYSE MKT: ETAK) has been selected as the provider of its core virtualized software services platform which will enable Surf Telecom to provide superior services to end users and MVNOs in Brazil.
View photo
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Elephant Talk Communications' Logo.
Yon Moreira, CEO of Surf Telecom stated, "Our Company is very happy to be officially licensed, the result of a three-year investment that will provide the Brazilian market's more than 280 million consumer mobile subscribers with an array of new service choices including simple, transparent services for 4G/IoT and pioneering MVNA/MVNE strategies designed to service current and future MVNOs. Native 4G services will bring subscribers the best-in-breed solutions at very competitive prices thanks to Anatel's commitment to increase competitiveness in the market. We are confident that Elephant Talk will prove to be an excellent partner, since their unique ET Software DNA® 2.0 Platform enables Surf Telecom to successfully execute on our business plans."
Martin Zuurbier, Co-President Mobile Platform Business Elephant Talk Communications, said, "We are very proud to have been selected by Surf Telecom after they thoroughly assessed the capabilities of our virtualized ET Software DNA® 2.0 platform. It is clear that we both share the belief that the operational deployment of our platform can add substantial value to mobile subscribers seeking better services at attractive prices. Elephant Talk welcomes the partnership with Surf Telecom as we enter the vibrant Brazilian mobility market, a market ranked 5th worldwide in 2014 based on the numbers of subscribers according to the International Telecommunications Union."
About EUTV:
EUTV Brazil is a pioneering telecom provider founded in 2008 by experts in telecom who have held senior positions in the most prestigious telecom companies worldwide. EUTV received a Tier 1 authorization from Anatel, the local regulatory body, to provide mobile services in the entire country for 4G, 3G, 2G and IoT technologies. Its brand Surf Telecom will provide services to end users, corporates, government segment and other MVNOs using its MNVE license and the Elephant Talk Communications ET Software DNA® 2.0 Platform. Visit: www.eutv.com.br
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