Hmm.... Call me embittered, but the plan is reminiscent of vapourware coins.

To that end they are working directly with the telecom companies and believes it’s an advantage as you can leverage their trust, reach, and KYC compliance. Per Telcoin they are already in discussions with mobile operators and will eventually deploy a pilot project.

I wouldn't bite unless there's proof of agreement, or at least memo of understanding, with at least one executive from a telecom company.