Elephant Talk Communications, Inc. (ETAK.OB), telecommunications and content services provider, today announced plans to expand their telecommunication services offerings through the use of converged multimedia services, providing enhanced voice and video communications through mobile phone and Internet connections. The company calls it an important step in the development of converging multimedia applications. The move is made possible through the combined technical support of Quentris, Belgium based network technologies company, and Dilithium, California based mobile video leader.

Elephant Talk customers, primarily the business-to-business community within the telecommunications market, will be offered a range of new services, including multimedia communications, interactive voice and video portals, and content applications such as video-on-demand or streaming. The services will be available with 3G mobile phones or Flash-based Internet or PC applications. Elephant Talk expects to use the technologies to move into new service areas, including video surveillance and security, mobile to PC conferencing, video blogging, and

Elephant Talk Communications Inc. (ETAK.OB) is positioning itself as an international telecom operator and enabler/systems integrator to the multimedia industry. The company is doing this by facilitating the distribution of all forms of content, as well as mobile and fixed telecom services, to global telecommunications consumers.

The company provides traditional telecom services, media streaming, and distribution services primarily to the business-to-business community within the telecommunications market. Elephant Talk is also a systems integrator and developer for mobile telcom and content distribution solutions. As a mobile virtual network enabler, the company has also positioned itself as the premier outsourcing partner for both mobile network operators and mobile virtual network operators in Europe, Asia, and the Middle East.

On September 4, 2008 Elephant Talk announced that it has signed five premium rate services contracts to provide value-added and billing services for various pan-European content distribution companies and mobile telecom network operators serving European markets.

I posted early yesterday morning that I was trimming the fund’s already small (LLNW) position severely, and essentially only have a tiny holding position in the name. Sadly, I pretty much got out at the top as the stock just drifted down for the majority of the day.

I had bought (AKAM) the day before, and added more AKAM on the 4% pullback early, which I noted mid-day.