Unified Signal, Inc. Announces Launch of iTalk, Inc. MVNO
Kirkland, WA -- (Marketwired) -- 12/1/2014 – Unified Signal, Inc. (OTCQB: UNSI)), a leading MVNE (Mobile Virtual Network Enabler) in the telecommunications industry, today announced that it has launched a new MVNO (Mobile Virtual Network Operator) called iTalk. iTalk, Inc.’s ((OTCQB: TALK) ) core marketing focus is to target the data device / hotspot industry segment which has experienced tremendous growth over the last 12 months."
Unified Signal's Chief Executive Officer, Paris Holt, stated, "iTalk has a very innovative sales approach and has a great deal of marketing experience in the MVNO industry. By converting its existing subscriber base to the Unified Signal billing and operating platform, it opens up many additional feature sets that they can then capitalize on to increase their market penetration and increase customer satisfaction which in the end dramatically increase the company’s overall net worth. The MVNO industry has really seen a tremendous uptick in penetration over the last 12 months. Wireless carriers increasingly see the value in building their wholesale business and as a result 1 out of every 4 customers in the U.S. are now wholesale customers."
MVNOs use the carrier’s wireless spectrum and network to offer private label wireless services to its end customers. MVNOs provide customer service, billing, and carrier operation functions, and focus on sales and marketing to attract new customers. Unified Signal’s MVNO enablement platform allows its MVNOs to mark up the carrier’s wholesale cost of use of the network and create its own unique product offering. Unified Signal can provide a completely turnkey solution or allow its clients to take on as much of operations as they wish to handle.
David F. Levy, iTalk’s Chief Executive Officer, states, "We have reviewed quite a few billing platforms before ultimately choosing the Unified Signal MVNO enablement suite. Our business requirements are quite complex and we feel as though the Unified Signal team and associated system is the perfect match to successfully drive our operations side of the business. iTalk has chosen to focus on launching with Sprint’s high speed LTE data network. Our 3,000 customer beta launch has been very successful and we are excited about Sprint’s LTE network performance and their advanced network build out plans for the upcoming years. Our customers and management team have also been very pleased with Unified Signal’s billing system which gives us a green light to expand beyond our beta and increase market share.
Karen Frietag, vice president- Global Sales at Sprint states, “We are pleased that iTalk has chosen the Sprint network in combination with Unified Signal’s billing system to grow its MVNO offering. Sprint has spent a great deal of capital and effort in expanding its wireless voice and data network over the years and continues to increase its network footprint each day. We have provided Unified Signal the tools necessary to ensure that iTalk has the functionality it needs to compete and differentiate itself in the marketplace.
About Unified Signal
Unified Signal, Inc (OTCQB: UNSI) is a SaaS (software as a service) based billing and back office platform, which enables companies in virtually any industry sector to launch cellular, as well as other telecom services using their existing brand. Unified Signal's SaaS platform and infrastructure allows clients to implement faster, have more control over the system with feature rich tools, while being more cost efficient than other solution providers. Unified Signal's turnkey telecom billing platform allows its clients to sell, provision, fulfill, and care for multiple telecom services, including pre and post-paid cellular, local, long distance, Internet, and mobile banking. Unified Signal's SaaS platform is integrated with most major U.S. carriers. The platform also enables clients to private label mobile banking services including a full mobile wallet linked to a prepaid debit card. www.unifiedsignal.com.
About iTalk, Inc.
iTalk, Inc. (OTCQB: TALK) is a publicly traded global provider of advanced communications and mobile broadband services. The Company utilizes innovative and cutting edge technologies, including Voice-over-IP (VoIP), nationwide 3G/4G mobile broadband networks, smartphones, and mobile applications ("apps") to offer consumers the highest-quality low-cost no-contract alternatives to all communications services including voice, data, and mobile services from major national carriers. For further information, visit www.italkmobility.com.
Safe Harbor: Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.