ElephantTalk Commences Operations with Major Taiwan Telecom, NCIC Friday May 16, 7:00 am ET Company Continues Expansion into Greater China Telecommunications Sector
HONG KONG, May 16 /PRNewswire-FirstCall/ -- Elephant Talk Communications, Inc. (OTC Bulletin Board: ETLK - News), www.elephanttalk.com , today announced that traffic has commenced between ElephantTalk and Taiwan's telecom conglomerate New Century InfoComm Tech Co., Ltd. (NCIC) www.sparq.com.tw . The reciprocal carriers' agreement was signed earlier this year to utilize each company's networks for bilateral telecommunications traffic. ElephantTalk is a former majority owned subsidiary of The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT - News). Mr. Russelle K.P. Choi, President and CEO of ElephantTalk, commented: "ElephantTalk is excited about the potential in our relationship with NCIC, one of Taiwan's emerging telecom giants. NCIC has a solid telecommunications infrastructure, a comprehensive network of operation centers and an extensive variety of telecom services. Interconnecting with NCIC's international voice networks further strengthen our reach into Greater China's telecom markets. ElephantTalk and NCIC's networks are complementary with no operational overlap, increasing service efficiency and operating margins."
NCIC was established in 2002 as a result of Taiwan's liberalization of its telecom markets. NCIC was created to integrate various telecommunications services, fulfill the growing needs of Taiwan's telecom customers, and facilitate high technology standards in the industry. Several leading international corporations in the telecommunications sector established NCIC, d.b.a. Sparq. Two of these companies are Far-Eastern Group -- a conglomerate with extensive experience in mobile services, and SingTel -- a Singapore-based international fixed-line network operator with more than 100 years of experience in the industry. NCIC's wide range of telecommunications services to Taiwan customers include; traditional local and IDD voice / VoIP services, calling cards, toll free number services, web-hosting, co-location services, IPLC, Frame Relay, Internet access, and VPN services. More information on NCIC can be obtained at www.sparq.com.tw .
About ElephantTalk
Elephant Talk Communications, Inc. is a leading telecommunications company established in 1994. Located and operated in Hong Kong with offices in California, Hong Kong and Singapore, the company owns switching facilities in China, Hong Kong, US and Singapore. ElephantTalk operates international long distance services on both sides of the Pacific to over 220 foreign destinations. They enable telecommunications carriers and other service providers the ability to offer long distance voice, fax, data and VoIP services to their end-customers, through an advanced and scaleable network. More information on ElephantTalk can be found at www.elephanttalk.com .
The statements made in this press release, which are not historical facts, contains forward-looking statements concerning potential developments affecting the business, prospects, financial conditions and other aspects of the company to which this release pertains. The actual results of the specific items described in the release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.
For more information ... please contact
Elephant Talk Communications, Inc. Roxana Yung Tel: (852) 2 707070 3 Fax: (852) 2 707070 7 Email: roxana@elephanttalk.com or info@elephanttalk.com |