Press Releases

Press Releases

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Pareteum Prices $40 Million Offering of Common Stock and Warrant

NEW YORK, NY – September 20, 2019 – Pareteum Corporation (Nasdaq: TEUM), the rapidly growing cloud communications platform company, today announced the pricing of a $40 million registered direct public offering led by 2 Institutional Investors and Hoving & Partners.
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Pareteum Announces Extended Deployment At Beam Suntory

NEW YORK, NY – September 5, 2019 – Pareteum Corporation (Nasdaq: TEUM), the rapidly growing cloud communications platform company, today announced that Beam Suntory, a world leader in premium spirits, has extended its deployment of the Pareteum Experience Cloudᵀᴹ.
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Pareteum Concludes Amendment to Credit Agreement

NEW YORK, NY – August 26, 2019 – Pareteum Corporation (Nasdaq: TEUM), the rapidly growing cloud communications platform company, today announced that it has successfully concluded an Amendment to the Credit Agreement dated February 26, 2019, with its senior secured lender, Post Road Group.
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Pareteum Takes Scandinavian Airlines’ Employee Engagement to New Heights

Scandinavian Airlines (SAS), the flag airline of Denmark, Norway, and Sweden, has extended its deployment of the Pareteum Experience Cloudᵀᴹ communications platform. SAS leverages the Experience Cloud to deliver an enhanced communications experience to its customers and global mobile workforce, including its flight crews.
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TMC Names Pareteum a 2019 Communications Solutions Products of the Year Award Winner

NEW YORK, NY – August 14th, 2019 – Pareteum Corporation (Nasdaq: TEUM), the rapidly growing cloud communications platform company, today announced that TMC, a global, integrated media company, has awarded Pareteum Experience Cloud™ a 2019 Communications Solutions Products of the Year Award.
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Pareteum Announces Second-Quarter 2019 Financial Results

New York, NY – August 6, 2019 – Pareteum Corporation (Nasdaq: TEUM), a rapidly growing cloud communications platform company, today announced operating and financial results for the second quarter ended June 30, 2019.
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M1 Selects Pareteum Experience Cloudᵀᴹ to Power Pan-Asian Mobility Services

Pareteum platform to underpin leading Singaporean operator’s regional hub for IoT, enterprise and consumer services. NEW YORK, NY – July 31st, 2019 – Pareteum Corporation (Nasdaq: TEUM), the rapidly growing cloud communications platform company, today announced that it has been selected by leading Singaporean mobile operator M1 Limited (M1)...
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Pareteum Joins Russell 3000 Index

NEW YORK, NEW YORK – July 2, 2019 - Pareteum Corporation (Nasdaq: TEUM), (“Pareteum” or the “Company”), a rapidly growing Cloud Communications Platform company, joined the Russell 3000® Index at the conclusion of the Russell U.S. Indexes annual reconstitution, effective after the U.S. market opened on July 1, according to a preliminary list of final additions posted on June 28.
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Pareteum Announces Its Second Quarter 2019 Financial Results Will Exceed Analysts’ Consensus

NEW YORK, NY – July 1, 2019 – Pareteum Corporation (NASDAQ: TEUM), a rapidly growing cloud communications platform company, today announced that its positive preliminary financial results for the second quarter of 2019 will exceed current analysts’ consensus of $26.2 million⁽¹⁾ for revenue and $4.1 million⁽¹⁾ for Adjusted EBITDA. These results represent significant ongoing revenue growth and bottom-line improvement for the Company.
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Pareteum Announces Commercial Launch of Pareteum Experience Cloud™

NEW YORK, NY – June 19, 2019 – Pareteum Corporation (Nasdaq: TEUM), a rapidly growing cloud communications platform company, today announced the commercial launch of the Pareteum Experience Cloud™. A single source for the creation, delivery and rapid scaling of a multitude of API-driven communications experiences, the Pareteum Experience Cloud...
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