Dutch company acquires Telnicity
Oklahoma City-based telecommunications company Telnicity LLC is being acquired by Elephant Talk Communications Corp., the companies announced Wednesday. The Dutch company is looking to enter the U.S. telecommunications market. Elephant Talk is an international provider of software and services developed to manage network, billing and systems infrastructure. The estimated $1 million deal to acquire Telnicity, which has developed a billing system that enables any company to become a sophisticated reseller of communication services and mobile commerce. “Telnicity's relationships with several North American based telecommunications companies provide a head start for the launch of Elephant Talk's services into the U.S. mobile telecommunication market,” CEO Steven van der Velden said. “In addition, Telnicity's existing customer base will be able to leverage Elephant Talk's technology and telecommunications relationships to offer more complete international calling and roaming packages.”
Chamber reveals legislative aims
The Greater Oklahoma City Chamber will focus on overhauling the state's “oppressive” workers' compensation system and protecting key economic development programs during the 2013 legislative session. “Our focus is to work with the Legislature to create a stronger business climate in our region and the state,” said Mark Vanlandingham, the chamber's vice president of government relations and policy. “We will address issues that are affecting the day-to-day operations and long-term viability of the companies that are providing jobs in the OKC area.” The session begins Feb. 4.
From staff reports