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Elephant Talk Announces Heads of Agreement with ThuisConnect
Posted by: gurufocus (IP Logged)
Date: January 6, 2009 12:03PM
Press Release: Elephant Talk Announces Heads of Agreement with ThuisConnect ELEPHANT TALK COMMUNICATIONS INC.is positioning itself as an international telecom operator and enabler/systems integrator to the multimedia industry by facilitating the distribution of all forms of content as well as mobile and fixed-telecom services to global telecommunications consumers. The company provides traditional telecom services media streaming and distribution services primarily to the business-to-business community within the telecommunications market. Elephant Talk is also a system integrator and developer for mobile telecom and content distribution solutions; and as a Mobile Virtual Network Enabler the company has positioned itself as the premier outsourcing partner for both Mobile Network Operators as well as for Mobile Virtual Network Operators. ETLK is positioning itself as the preferred MVNE partner of the larger global Mobile Operators and currently operates sophisticated networks in over a dozen markets in Europe Asia Pacific and the Middle East..
ThuisConnect will introduce its "Telco to Home, Health Care Support" using Elephant Talk's fully integrated mobile virtual network enabler (MVNE) platform. All subscribers will be connected to ThuisConnect's platform with full medical backup and control, with monitoring for diabetes, thrombosis, heart failure and COPD patients through a mobile device and/or a DSL/fiber connection. Mobile subscriptions are forecast to reach 70,000 by the end of 2010 and 110,000 by the end of 2011.
"According to our view on the Dutch Telecommunications market, only two parties were attractive candidates," said Sytse Boonstra, CEO of ThuisConnect. "For the Mobile Services, we truly believe that Elephant Talk is by far the best platform available to us. Together with our other partner performing as the largest Telco of
ThuisConnect (TC) is a trade name of iTip B.V. and will become a new MVNO in
About Elephant Talk Communications
Elephant Talk Communications is positioning itself as an international telecom operator and enabler/systems integrator to the multimedia industry by facilitating the distribution of all forms of content as well as mobile and fixed telecom services to global telecommunications consumers. The Company provides traditional telecom services, media streaming, and distribution services primarily to the business-to-business (B2B) community within the telecommunications market where it has a presence. The Company's global footprint as a fully licensed carrier, supported by its propriety IN (Intelligent Network) and Billing/CRM (Client Relationship Management) Systems, has been designed to offer cutting-edge solutions to the increasingly competitive global multimedia industry. Elephant Talk's telecommunications platform eliminates the usual limitations caused by national borders, networks, devices or media and, therefore, enables its B2B customers to operate as independent telecom and multimedia distribution organizations. Elephant Talk is also a system integrator and developer for mobile telecom and content distribution solutions; and, as a Mobile Virtual Network Enabler (MVNE), the company has positioned itself as the premier outsourcing partner for both Mobile Network Operators (MNO's) as well as for Mobile Virtual Network Operators (MVNO's). At the same time, Elephant Talk assists its MNO partners to more efficiently provide a broad range of sophisticated services to their own existing base of MVNO's. Elephant Talk is positioning itself as the preferred MVNE partner of the larger, global Mobile Operators and currently operates sophisticated networks in over a dozen markets in
Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about the Company'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 the Company 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, the Company 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; however, readers should review carefully reports or documents the Company files periodically with the Securities and Exchange Commission.
For media enquiries, please contact: ThuisConnect Mr. Sytse Boonstra / Mr. Hamza Ouibrahim Tel+ 31 6 50236438 or + 31 6 51579710 E-mail: firstname.lastname@example.org www.thuisconnect.nl Elephant Talk Communications, Inc Mr. Steven van der Velden Tel:+ 31 20 653 59 16 E-mail: email@example.com [www.elephanttalk.com]
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