SCHIPHOL, the Netherlands — On December 8, 2008, Elephant Talk Communications, Inc. (OTC Bulletin Board: ETAK), announced that it has signed a Heads of Agreement contract with Telecombination International BV. Telecombination will become a mobile virtual network operator (MVNO) initially for the Dutch market. As an MVNO, Telecombination will launch its product during the spring of 2009 and will focus on both residential and business customers by using the state-of-art technology of Elephant Talk’s mobile virtual network enabler (MVNE) platform.

In this new digital age with the world growing more interconnected everyday, serious opportunities present themselves for seasoned telecommunications companies. Elephant Talk Communications, Inc. (OTCBB: ETAK), is a world class telecommunications company providing next generation telecom solutions with state-of-the-art technology in wireless products and services. With a substantial pipeline of acquisitions underway, ETAK is poised for a sharp increase in its revenue base and a breakout year in 2009.

Elephant Talk Communications, Inc. (OTC Bulletin Board: ETAK), an international telecom and multimedia content distributor, has been named to Deloitte’s prestigious Technology Fast 50 Program for Orange County, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in Orange County, California, by Deloitte LLP, one of the nation’s leading professional services organizations.

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.

Elephant Talk Communications, Inc. (OTC BB: ETAK), has announced that they are expanding their product offerings with a full suite of multimedia services. In a strategic move, the company has partnered with Quentris and Dilithium; these companies will enable ETAK to expand its telecommunications services through the launch of converged multimedia services. The goal of this innovative solution is to offer the users voice and video communication using their mobile phone or Internet connection. This is an important step in the development of converging multimedia applications and is setting a new standard in telecommunications.

ETAK has already received over $25 million in funding since 2005 and anticipates positive cash flow at the end of 2008.

When searching for the small cap companies to add to your portfolio, you need to consider Elephant Talk Communications. Elephant Talk is currently trading at less than one-half times their PE ratio. This is more than 60% below the industry standard price–to-sales valuation of its peer group. With their seasoned management team, unique systems integration technology, and international presence, Elephant Talk is primed for strong growth and upside potential.

We’ve talked about Elephant Talk earlier this week, and how they partnered with T-Mobile. In this post I wanted to discuss how Elephant Talk, who trades at the symbol ETAK, is a key investment opportunity for anyone looking to get into the telecommunications market. Elephant Talk is currently trading at less than one-half times their price-to-sales ratio. This is more than 60% below the industry standard price–to-sales valuation of its peers. With their seasoned management team, unique systems integration technology, and international presence, Elephant Talk is primed for strong growth and has an incredible upside potential.

Elephant Talk Communications, a telecommunications company that trades at the symbol: ETAK (click here for their company profile) announced the execution of a contract with T-Mobile Netherlands B.V. to enable Mobile Virtual Network Operators (MVNOs) in the country to operate voice and data services over the T-Mobile Network. The agreement includes the deployment and operation of a fully featured 2G and 3G network. What is a MVNO?The first commercially successful MVNO was Virgin Mobile UK, which launched in the United Kingdom in 1999 and now has over 4 million customers in the UK. Its success was replicated in the US. With this case study in mind, right now is a very exciting time for this fast-growing company.