SOURCE: Elephant Talk Communications

Elephant Talk Communications

December 14, 2010 10:26 ET

Elephant Talk Announces MVNE Partnership With KPN in Belgium

SCHIPHOL, THE NETHERLANDS--(Marketwire - December 14, 2010) - Elephant Talk Communications, Inc. (OTCBB: ETAK) (www.elephanttalk.com), an international provider of business software and services to the telecommunications and financial services industries, today announced that it signed a framework hosting agreement with KPN Group Belgium NV. Elephant Talk will connect MVNOs (Mobile Virtual Network Operators) in Belgium to its platform making use of the mobile network of KPN in Belgium. Through this partnership agreement with KPN, Elephant Talk will become their MVNE (Mobile Virtual Network Enabler) partner in Belgium.

KPN Belgium (www.kpngroup.be), a 100% subsidiary of KPN Group, is the fastest growing mobile operator in Belgium with a market share of more than 23% and coverage throughout almost the entire country. KPN Belgium distributes its products and services through 51 of its own retail stores, through the Allo Telecom shops (about 50) and via more than 600 dealers across the country.

"Our mission is to have Elephant Talk's next generation Mobile Telecom Platform deployed in at least 10 to 15 countries by the end of 2012," stated Steven van der Velden, Chairman and CEO of Elephant Talk. "Management is very pleased with our agreement with KPN, opening Belgium as our third European market next to the existing presence with our Mobile Platform in Spain and the Netherlands. This is a unique opportunity for both Elephant Talk and KPN to address the tremendous demand in the Belgium market for more sophisticated MVNO solutions. Other existing MVNO clients have indicated their interest to expand to new countries like Belgium, bringing additional business to both KPN and Elephant Talk, creating a mutually rewarding opportunity.

"At the core of our full MVNE Mobile Platform you will find our proprietary IN (Intelligent Network) system with ET-BOSS, our Business Operating Support System that manages all capabilities of the Platform, at the helm. It proves the multi-company capabilities of ET-BOSS in real-life, and demonstrates its full support for the business model of Mobile Network Operators and Mobile Virtual Network Operators," continued van der Velden.

"Elephant Talk's leading edge fully convergent Mobile Platform contains all the hardware and software systems required for a complete secure operation such as HLR, SMSC, MMSC, GMSC, STP, GGSN, SGSN and more. Most importantly, the mobile platform integrates fully with banks, media and payment systems to support all 4G services," stated Martin Zuurbier, CTO of Elephant Talk. "Elephant Talk consolidates over 20 telecommunication systems in to just one single platform for all MVNE/MVNO process domain areas."

Zuurbier continued, "Elephant Talk has a lot of value to add to the Belgium market, especially with our subsidiary ValidSoft in the areas of card fraud detection, prevention and resolution, dynamic fraud security and voice biometrics. Once Elephant Talk's Mobile Platform is operational in Belgium, to be expected in May 2011, time to market for a new MVNO can be limited to 6-8 weeks. Our integrated solutions are available off the shelf and ready for service in Belgium at any time."

About KPN
KPN is the leading telecommunications and ICT service provider in The Netherlands, offering wireline and wireless telephony, internet and TV to consumers, end-to-end telecommunications and ICT services to business customers. KPN's subsidiary Getronics operates a global ICT services company with a market-leading position in the Benelux, offering end-to-end solutions in infrastructure and network-related IT. In Germany and Belgium, KPN pursues a multi-brand strategy in its mobile operations and holds number three market positions through E-Plus Germany and KPN Belgium. KPN provides wholesale network services to third parties and operates an efficient IP-infrastructure with global scale in international wholesale through iBasis.

About Elephant Talk Communications
Elephant Talk Communications, Inc. (OTCBB: ETAK) is an international provider of business software and services to the telecommunications and financial services industry. The company enables both mobile carriers and virtual operators to offer a full suite of products, delivery platforms, support services, superior industry expertise and high quality customer service without substantial upfront investments from clients. Elephant Talk provides global telecommunication companies, mobile network operators, banks, supermarkets, consumer product companies, media firms, and other businesses a full suite of products and services that enables them to fully provide telecom services as part of their business offerings. The company offers various dynamic products that include remote health care, credit card fraud prevention, mobile internet ID security, multi-country discounted phone services, loyalty management services, and a whole range of other emerging customized mobile services. For more information visit www.elephanttalk.com

Forward-Looking Statements
 
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.

Contact Information

  • Contact:
    Elephant Talk Communications, Inc.
    Mr. Steven van der Velden
    Tel: + 31 20 653 59 16
    Email Contact

    Investor Relations:
    Alliance Advisors, LLC
    Thomas P. Walsh
    Tel: + 1 212-398-3486
    Email Contact