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Stock Market & Financial Investment News

News Breaks
May 12, 2014
07:05 EDTETAKElephant Talk migrated first 600,000+ SIMS from Iusacell to company platform
By end of 2014, Iusacell management expects to have over 8M customers migrated to Elephant TAlk platform.
News For ETAK From The Last 14 Days
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June 16, 2015
08:17 EDTETAKElephant Talk reaches $13.5M global settlement with Grupo Iusacell
Elephant Talk Communications (ETAK) reports it ended its relationship with Grupo Iusacell and agreed to a global settlement worth approximately $13.5M in favor of Elephant Talk, consisting of $12.6M in cash and the remaining balance in exchange for certain obligations of Elephant Talk to Iusacell. The cash payment will be reflected on the company's financial reports for the quarter ended June 30. The termination was to allow for AT&T (T) and Iusacell to ensure consistency of infrastructure suppliers in their businesses, Elephant Talk said.

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