EUTV Receives Tier1 License to Provide Mobile Services for End Users and Other Organizations through Pioneering MVNA/MVNE Platforms in Brazil

EUTV® Brazil aka Surf Telecom® today announced that the Company received a Tier 1 license by Anatel, the Brazilian National Telecommunications Agency to provide full mobile services for end users, as well as MVNA (Mobile Virtual Network Aggregator) and MVNE (Mobile Virtual Network Enabler) platforms to Brazilian MVNOs (Mobile Virtual Network Operators). The Company also announced that Elephant Talk Communications Corp. (NYSE MKT: ETAK) has been selected as the provider of its core virtualized software services platform which will enable Surf Telecom to provide superior services to end users and MVNOs in Brazil. Yon Moreira, CEO of Surf Telecom stated, "Our Company is very happy to be officially licensed, the result of a three-year investment that will provide the Brazilian market's more than 280 million consumer mobile subscribers with an array of new service choices including simple, transparent services for 4G/IoT and pioneering MVNA/MVNE strategies designed to service current and future MVNOs. Native 4G services will bring subscribers the best-in-breed solutions at very competitive prices thanks to Anatel's commitment to increase competitiveness in the market. We are confident that Elephant Talk will prove to be an excellent partner, since their unique ET Software DNA® 2.0 Platform enables Surf Telecom to successfully execute on our business plans."