Elephant inks 5-year contract extension with client; +24%

Elephant Talk (ETAK) soars 24% after getting a 5-year extension with an existing Mobile Network Operator (MNO) client in Europe. Elephant expects hosting fees to increase approximately 13% on average, per SIM per month, in exchange for improved service levels. Elephant will receive continuous prepayments of about $10M for the duration of the contract.

Comments (1)
  • joeg1969
    , contributor
    Comments (440) | Send Message
    What people fail to realize is $10 Million dollars is the minimum expected! More customers more money,the sky is the limit here! Long $ETAK
    12 Jan 2014, 11:55 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs