Elephant Talk Rolls Out SDN Architecture
BARCELONA -- Elephant Talk Communications Corp. (the “Company” or “Elephant Talk”) (NYSE MKT: ETAK), a leading international provider of Software Defined Network Architecture (Software DNA) platforms and cyber security solutions, today announced the completion of the initial rollout of its newly enhanced Software Defined Networking (SDN) platform known as Software DNA 2.0. which has been developed in conjunction with existing Mobile Network Operator (MNO) customers in Spain and Mexico where the systems are deployed. The platform is currently managing millions of mobile retail customers and the solution is the first comprehensive, hosted SDN solution, which includes core network functions that are dedicated to the unique needs of mobile operators who are faced with expensive and complex network infrastructure challenges.
According to recent research published by AlixPartners, a leading business advisory group, it is estimated that European telecoms need to cut as much as €100bn in costs if the sector is to sustain growth given the forecasts of a fifth consecutive year of decline in revenue.
“Based upon actual deployment experience, we believe that MNOs can realize up to 80% of their cost cutting objectives by adopting a Software Defined Network Architecture platform like our Software DNA 2.0 which can eliminate legacy software and hardware as well as outdated network management systems,” said Steven van der Velden, CEO and Chairman of the Company. “Unlike incomplete and needlessly complex systems incorporating several components from multiple hardware and software vendors, Elephant Talk’s homogenous solution provides our customers with a single interface for multiple and distributed modules, sites and even countries. It is proving to be resilient, reliable and very cost effective.” Mr. van der Velden and members of the Elephant Talk management team are attending the Mobile World Congress in Barcelona this week meeting with Mobile Network Operators, partners and vendors.
Elephant Talk Communications Corp. (NYSE MKT:ETAK)