Welcome!

Mobile IoT Authors: Yeshim Deniz, Pat Romanski, Elizabeth White, Zakia Bouachraoui, Carmen Gonzalez

News Feed Item

Elephant Talk Completes Next Migration of Iusacell Subscribers in Mexico

1.75 million Iusacell subscribers migrated onto ET's Software DNA® 2.0 Platform to date

MEXICO CITY and OKLAHOMA CITY, Aug. 21, 2014 /PRNewswire/ -- Elephant Talk Communications Corp. (NYSE MKT: ETAK) ("Elephant Talk" or "the Company"), a global provider of Software Defined Network Architecture (ET Software DNA® 2.0) platforms and cyber security solutions, today announced that it has successfully migrated the next phase of Grupo Iusacell ("Iusacell") existing subscribers in Mexico onto its dedicated platform. Elephant Talk plans further migrations over the next two quarters, as Iusacell completes its transition by rolling out new services for its Mobile Network Operator ("MNO") and Mobile Virtual Network Operator ("MVNO") clients in the Mexican market.

Elephant Talk Communications' Logo.

"With this migration completed we now have approximately 1.75 million Iusacell subscribers migrated onto our platform," commented Steven van der Velden, Chairman and CEO of Elephant Talk. "Based on the first three successful migrations we have completed, we are confident that we will remain on course with our planned migration of approximately five million pre-paid GSM subscribers and almost three million other Iusacell subscribers."

Martin Zuurbier, Chief Technology Officer of Elephant Talk, added, "In close cooperation with Iusacell, we have successfully migrated another group of Iusacell subscribers without a single SIM-module having to be changed. This performance confirms our confidence in completing all migrations as planned."

Elephant Talk's ET Software DNA® 2.0 platform incorporates virtualized software technologies and a hosted, outsourced cloud-based architecture that enables MNOs to manage all of their core network and service management functions in a single software solution.  We believe it is the only single software platform designed to support a capacity of over 10 million mobile subscribers and seamlessly provisioning of 2G/2,5G/3G/4G (LTE) and CDMA standards. While being hosted on the Elephant Talk platform, mobile carriers can significantly reduce capital investments in new hardware, eliminate the use of legacy software and hardware as well as reduce network operating and maintenance costs while benefiting from greatly improved flexibility and the ability to quickly deploy new services. Elephant Talk's ET Software DNA® 2.0 platform is currently providing services to MNOs in four different countries.

About Elephant Talk
Elephant Talk Communications Corp. (NYSE MKT: ETAK), is a global provider of mobile proprietary Software Defined Network Architecture (Software DNA® 2.0) platforms for the telecommunications industry. The company empowers Mobile Network Operators (MNOs), Mobile Virtual Network Operators (MVNOs), Enablers (MVNEs) and Aggregators (MVNAs) with a full suite of applications, superior Industry Expertise and high quality Customer Service without substantial upfront investment. Elephant Talk counts several of the world's leading Mobile Network Operators amongst its customers, including Vodafone, T-Mobile, Zain and Iusacell. Visit: www.elephanttalk.com.

About Iusacell
Grupo Iusacell ("Iusacell" or "the Company") is the fastest-growing mobile communications carrier and third-largest operator overall in Mexico, serving approximately 8 million wireless subscribers 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.

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 Elephant Talk's plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about Elephant Talk'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, including, without limitation, the ability of the Company to regain compliance with the listing standards of the NYSE MKT LLC. Because such statements involve risks and uncertainties, the actual results and performance of Elephant Talk 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, Elephant Talk 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 those projected or suggested may be found in Elephant Talk's filings with the Securities and Exchange Commission (the "SEC"), copies of which are available from the SEC or may be obtained upon request from Elephant Talk.

Contacts:

Investor Relations:
Steve Gersten
Capital Markets Group
813-926-8920
[email protected]

Public Relations:
Michael Glickman
MWG CO
917-596-1883
[email protected]

Logo - http://photos.prnewswire.com/prnh/20120917/MM75872LOGO

SOURCE Elephant Talk Communications Corp.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
Whenever a new technology hits the high points of hype, everyone starts talking about it like it will solve all their business problems. Blockchain is one of those technologies. According to Gartner's latest report on the hype cycle of emerging technologies, blockchain has just passed the peak of their hype cycle curve. If you read the news articles about it, one would think it has taken over the technology world. No disruptive technology is without its challenges and potential impediments t...
If a machine can invent, does this mean the end of the patent system as we know it? The patent system, both in the US and Europe, allows companies to protect their inventions and helps foster innovation. However, Artificial Intelligence (AI) could be set to disrupt the patent system as we know it. This talk will examine how AI may change the patent landscape in the years to come. Furthermore, ways in which companies can best protect their AI related inventions will be examined from both a US and...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Bill Schmarzo, Tech Chair of "Big Data | Analytics" of upcoming CloudEXPO | DXWorldEXPO New York (November 12-13, 2018, New York City) today announced the outline and schedule of the track. "The track has been designed in experience/degree order," said Schmarzo. "So, that folks who attend the entire track can leave the conference with some of the skills necessary to get their work done when they get back to their offices. It actually ties back to some work that I'm doing at the University of San...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...