Elephant Talk activates 4,000 SIM-Cards for Union of German Police

Telecom Lead Europe: Elephant Talk Communications, a
provider of software and services, has completed the activation of about 4,000
SIM-Cards for the Union of German Police.

“Our implementation team clearly showed their strong
capabilities by completing this project in such a short period of time. This
project shows the operational excellence of Elephant Talk to quickly adapt to
any type of Virtual Mobile business case,” said Martin Zuurbier, chief
technology officer of Elephant Talk Communications.


The company expects to activate a total of 55,000 SIMs
for the Union of German Police by year’s end.


Elephant Talk is also providing GdP with its mobile
services that include SIM-Cards and Airtime. Elephant Talk is providing
the mobile services over the network of Telekom Deutschland, the German
operating company of Deutsche Telekom.


“This is a positive sign of things to come as we
enter the German market, and we look forward to working with this customer to
complete the rollout while also pursuing additional, similar opportunities in
the region,” said Steven van der Velden, chief executive officer of
Elephant Talk Communications.


The company expects to generate approximately $8 million
in total revenue for 2012, which is based on the planned rollout and the
current 1 EUR to 1.21 USD exchange rate.

The company reckons that approximately half of its
revenue will be recognized on the Company’s income statement, with
approximately 50 percent recorded as deferred revenue on its balance sheet to
be recognized over the 24 month life of each activated SIM.


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