SOURCE: Elephant Talk Communications

Elephant Talk Communications

September 14, 2010 04:00 ET

Elephant Talk Communications' Mobile Virtual Network Enabling Platform Boosts Orbitel's Customer Base in Spain

SCHIPHOL, THE NETHERLANDS--(Marketwire - September 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, announced today that Orbitel, the first Mobile Virtual Network Operator (MVNO) hosted by Vizzavi España SL, a Vodafone Group Company, has significantly increased its customer database in Spain during the last few weeks using Elephant Talk's Mobile Virtual Network Enabling (MVNE) Platform, which supports Orbitel across the board with a full pallet of functionality services for loyal customers including lower rates for international calls.

Orbitel, a subsidiary of Colombian Operator UNE and a member of the State-owned Group 'Empresas Publicas de Medellin' (EPM), was originally created to service the Spanish market focusing on Latin Americans residing in Spain. Orbitel's agreement with Vizzavi España enables it as a MVNO to operate voice and data services over the Vodafone network in Spain. Elephant Talk has a hosting agreement with Vizzavi España to use its state-of-art MVNE Platform technology.

Orbitel's initial distribution started with specialized ethnic distribution channels and with leading retailers such as 'El Corte Ingles,' the biggest department store in Spain. Orbitel is successfully increasing its number of distribution channels.

"We are thrilled that Orbitel, the first MVNO within Vizzavi España's Network operating with Elephant Talk's Platform, is such a success in Spain," said Martin Zuurbier, CTO of Elephant Talk. "Management already expected that Orbitel would flourish within the rapidly growing Spanish market due to the geographic and demographic composition of Spain. Elephant Talk's MVNE Platform supports Orbitel across the board with a pallet full of functionality, like super on-net promotions, friends & family products, direct connection with Bank ATM systems for top up, and other additional services, thanks to our full MVNE Platform and our integrated IN/CRM/Billing capabilities."

"Nearly 94 percent of the 2 million Latin American residents in Spain own a mobile phone, but only 6 percent use it to make international calls to their countries of origin, mainly due to the high service costs," said Santiago Londoño, Managing Director Europe Orbitel. "Vizzavi España, using Elephant Talk's platform, allowed us to gain market share among the Latin Americans living in Spain based on our ability to provide additional services to our loyal customers including the ability to make international calls at lower rates. That is one of the main reasons we achieved our sales goals in 7 months instead of the 2 years we calculated. We look forward to continue working with Vizzavi and Elephant Talk to grow even further in our business in Spain."

About Orbitel / UNE EPM

EPM Telecomunicaciones S.A. E.S.P has the mission to provide tele-communications services, Information and communication, information services and complementary activities related or connected to them. In order to comply with this objective, the Company may develop all kinds of agreements or partner or create consortiums with other physical or juridical persons, locally or internationally, Providers or users, with the object to reach the universality, quality and efficiency in providing its services to their end-users; pursuing always general welfare and the improvement of life quality of the population; complying with well defined technical criteria; legal, operation costs and services provision strict accuracy; as well as solidarity and redistribution of incomes among those stipulated by law.

About Vizzavi España, S.L.

Vizzavi España, a Vodafone Group company, is focused on the development of the MVNO business in the Spanish market. Owner of a license for supplying electronic communications services, the Company has a radio access agreement with Vodafone España, S.A.U. Vizzavi España positions itself as the reference in quality, flexibility and innovation in the MVNO's Spanish market, and aspires to host selected MVNOs delivering a differential offer to the market.

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. Such statements may include, without limitation, statements with respect to the Company's plans and objectives, projections, expectations and intentions. 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. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from that projected or suggested is contained in the Company's filings with the Securities and Exchange Commission (SEC), copies of which are available from the SEC or may be obtained upon request from the Company.

Contact Information

  • Contact:

    Orbitel/ UNE EPM Media Relations:
    Hill & Knowlton
    +3491 435 11 22
    Adriana Díaz
    Email Contact
    Elena Serrano
    Email Contact

    Elephant Talk Media relations:
    Elephant Talk Communications, Inc.
    Miss Claire Hope
    Manager, PR & Marketing
    Tel: + 44 (0)203 170 8999
    Email Contact

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