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Elephant Talk Launches New MVNE Platform

7 November 2008 No Comment

There was exciting news this week in the International telecommunications sector.  Industry leader Elephant Talk Communications, Inc. (OTC BB: ETAK) released news that the company had successfully launched its first Mobile Virtual Network Enabler (MVNE) platform.  In order to ensure customer up time and performance, ETAK has partnered with T-Mobile in the Netherlands to utilize the telco’s antenna network for its proprietary media distribution platform.

How important of a role do MVNE’s play in the telecommunications industry?  MVNEs essentially are the vital support system for mobile operators. These outsourced solutions include:  Fulfillment & Distribution, Data & Content Management, CRM Services, Billing, along with several other services.

ETAK also projects to launch their second platform in Spain this upcoming January with the agreement to be forthcoming.  With these contracts in place, the company expects it can implement its business plan to reach profitability by the third quarter of 2009.  With the full suite of services which ETAK offers its clients, the company is positioning themselves to be a required industry participant for years to come.

With the release of this news, ETAK’s stock price has risen over 13% to $0.58. In evaluating its peer group of competitors, the company can be projected to be trading at $1.90.  This is a fast-emerging telecommunications company that offers a compelling investment opportunity for anyone interested in the small-cap market.

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