OKLAHOMA CITY, — Elephant Talk Communications Corp. (NYSE MKT: ETAK), a leading international provider of proprietary mobile Software Defined Network Architecture (Software DNATM) platforms for the telecommunications industry and a market leader in providing solutions to counter electronic fraud in the cloud, today announced that it has successfully placed its first call on its Latin American mobile Software DNA™ platform with Iusacell, an innovative Mobile Network Operator (MNO) in Mexico. This first call was made this morning between the CEO’s of Iusacell and Elephant Talk.
Over the last couple of months, Elephant Talk ensured a timely and effective rollout of its Software DNA™ platform with Iusacell. The platform will initially host a mix of existing and new Iusacell mobile subscribers of an MVNO of a major retail chain.
“Since we announced the partnership with an MNO in Latin America, we have been working diligently to deploy the Software DNA™ platform. The initial call is an important milestone and key step for the system to go live. By allowing the migration of existing mobile subscribers of an MVNO of a major retail chain and making our platform available for several new MVNO’s, Iusacell is providing a clear validation of Elephant Talk’s mobile platform that is utilized now in Mexico and other countries around the world,” stated Steven van der Velden, CEO of Elephant Talk. “The coming months will be used to finish the deployment to enable the migration of their customers to our platform. With an initial capacity of 10 million mobile subscribers, the Mexican platform will ultimately have the capability to scale to over 20 million subscribers in the upcoming years.”
“We are very pleased to be installing Elephant Talk’s mobile platform to manage the back office operations for many of Iusacell’s mobile subscribers,” stated Adrian Steckel, CEO of Iusacell. “We expect to have a minimum 1.5 million mobile subscribers in Mexico migrated to Elephant Talk’s proprietary platform by the end of 2013. In looking at potential partners, we found the Elephant Talk mobile telecommunications platform to be the best solution for our organization and we look forward to a long and mutually profitable relationship.”
“This first successful call, indicates that the initial phase of getting the platform commercially operational is completed now. That is a crucial step towards the first wave of mobile subscribers migrating to Elephant Talk’s mobile platform, stated Martin Zuurbier, CTO of Elephant Talk. The following six to eight weeks will focus on live deployment testing, with the plan to go live in the 3rd quarter. The initial deployment will support GSM, with CDMA and LTE (4G) to follow later.”
About Elephant Talk:
Elephant Talk Communications Corp. (NYSE MKT: ETAK), is a leading international provider of mobile proprietary Software Defined Network Architecture (Software DNATM) platforms for the telecommunications industry that empower Mobile Network Operators (MNOs) and Mobile Virtual Network Operators (MVNOs), Enablers (MVNEs) and Aggregators (MVNAs) with a full suite of applications, Full OSS/BSS Systems, Delivery Platforms, Support and Managed Services, on-site, cloud, hybrid and S/PaaS solutions, including Network, Mobile Internet ID Solutions, Secure Remote Access Management, Loyalty Management and Transaction Processing Services, superior Industry Expertise and high quality Customer Service without substantial upfront investment. Elephant Talk counts several of the world’s leading Mobile Operators amongst its customers including Vodafone, T-Mobile and Zain, and virtually all business is focused on tier 1 and tier 2 operators worldwide. Visit: www.Elephanttalk.com.
Grupo Iusacell (“Iusacell” or “the Company”) is the fastest-growing mobile communications carrier and third-largest operator overall in Mexico, serving 6.3 million wireless subscribers (as of 2Q12) throughout the country. Iusacell is owned jointly by Grupo Salinas, a prominent telecom & media, financial services and Mexican retail conglomerate, and Televisa, the largest Spanish-language media company worldwide. The inclusion of Televisa as a shareholder in Iusacell, which was formalized in June 2012, constitutes a critical turning point for the Company, as the joint sponsorship from these leading telecom & media companies provides Iusacell access to unique capabilities and differentiating features to capture market share in the Mexican mobile communications market. Visit:www.iusacell.com.
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