Elephant Talk announces long term agreement with Axiom Telecom LLC to host Mobile Managed Services in the Middle East
DUBAI, United Arab Emirates, July 11, 2013 /PRNewswire/ -- 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 that empower Mobile (Virtual) Network Operators (MNOs and MVNOs) and a market leader in providing solutions to counter electronic fraud in the cloud, today announced that it has signed a long term agreement with Axiom Telecom LLC to provide a dedicated Mobile Managed Services platform which enables Axiom Telecom to deploy new mobile offerings throughout the Middle East. Axiom Telecom LLC), established in 1997 by Faisal Al Bannai, is the largest and primary authorized retailer and distributor of leading international brands in the Middle East. Axiom Telecom has this month been selected for an MVNO license in the Kingdom of Saudi Arabia.
"The Middle East markets now are open for new entrants like Axiom to offer mobile services. Time to market and a full set of innovative services are key to capture sizable market shares in this region. I'm very happy that Axiom has recognized the possibilities of Elephant Talk's Software DNA™ platform. Local presence is crucial when it comes to successfully making use of the changing market and our common goal to build a long lasting partnership will create important revenue streams for both companies", Steven van der Velden, CEO of Elephant Talk Communications, commented. "Our companies have the same drive to push the boundaries of technologies and offer innovative products to the market. High-speed mobile internet access, content based propositions, and pan-national offerings are important differentiators, but will only work when they are off-the-shelf available", Martin Zuurbier, CTO of Elephant Talk, stated.
"The partnership with Elephant Talk is one of the key enablers of our MVNO strategy throughout the Middle East region," Mr. Faisal Al Bannai, CEO and founder of Axiom Telecom, explains. "The fact that we have been selected by the telecom regulatory authority for the MVNO license in Saudi Arabia is very important for getting our strategy materialized. The common understanding of what is needed to be successful in Saudi Arabia and the region, the flexibility and capabilities of Elephant Talk's mobile Software DNA ™platform, and Elephant Talk's willingness to jointly create innovative offerings, are important reasons to enter into this partnership. Axiom Telecom is committed to growth through innovation; we are convinced Elephant Talk is the right partner to support this commitment."
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.
About Axiom Telecom
Axiom Telecom was established in 1997 by Faisal Al Bannai and is today the leading multi-brand, multi-channel distributor and retailer of mobile telecommunications devices, accessories and telecom services in the Middle East. Axiom's distribution network provides multiple points of access to the end consumer through three principal routes: the retail channel, through a variety of brands and store formats; a micro-distribution channel, for independent stores; and a macro-distribution channel serving wholesalers for domestic and international sales. The Group has more than 2,000 employees and operates over 575 retail points and reaches over 3,742 points of sale across the Middle East. The Group also has strategic interests in associated companies operating in the India and South Africa. The 'Axiom Promise' is a commitment to excellent customer service and continuous innovation to ensure customers receive the best ongoing support and advice on a wide range of telecommunications products and services, including:
- 60 Second Contact Transfer
- Try and Buy
- 1 Hour Express Repair Service
- Regional warranty
- Trade In
- Price Protection Guarantee
- Expert Salespeople
- Two-Year Warranty
- Stand-By Phone During Repairs
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.
Elephant Talk Communications Corp.
+ 1 813 926 8920
The Blueshirt Group
+1 415 489 2184
UK: Fishburn Hedges
+44 (0)20 7839 4321
SOURCE Elephant Talk Communications Corp.
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