Press Releases Archive - Page 4 of 27 - Pareteum

Pareteum Launches Six Customer Agreements into Production in January

February 20, 2019

Pareteum Corporation (Nasdaq: TEUM), a rapidly growing global cloud software communications platform company with a mission to connect “every person and every(thing)”, today announced six customer agreements were launched into production during the month of January 2019.

Pareteum Sales Momentum brings $49 million in 36 Month Contract Revenue Backlog

February 15, 2019

Pareteum Corporation (Nasdaq: TEUM), a rapidly growing global cloud software communications platform company with a mission to connect “every person and every(thing)”, today announced that it closed twelve agreements in January including new customers as well as upselling to our existing customers.

Pareteum Grows FY2018 36 Month Contract Revenue Backlog to $615M

February 14, 2019

Pareteum Corporation (Nasdaq: TEUM), a rapidly growing global cloud software communications platform company with a mission to connect “every person and every(thing)”, today announced that it closed FY2018 with six new three-year agreements with new and existing customers, worth a total of $15 million. Combined with previously announced contracts, Pareteum’s 36-month contractual revenue backlog now totals $615 million. In addition, eight agreements that were announced in November and early December have been launched into production.

Pareteum Accepts Shares of iPass Tendered in Exchange Offer and Completes Aquisition of iPass

February 13, 2019

Feb. 13, 2019 – Pareteum Corporation (Nasdaq: TEUM), a rapidly growing global cloud software communications platform company with a mission to connect “every person and “every(thing)”, announced today that it has accepted for exchange all shares of iPass Inc. (Nasdaq: IPAS), a provider of global mobile connectivity, and location and performance data (“iPass”), validly tendered in the previously announced tender offer by a wholly-owned subsidiary of Pareteum to acquire all of the outstanding shares of iPass for the agreed consideration of 1.17 shares of Pareteum stock for each share of iPass.

Pareteum Extends Tender Offer For All Outstanding Shares Of iPass

January 14, 2019

Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, a cloud software platform company, announced today that it has extended the offering period of its previously announced tender offer to purchase all outstanding shares of iPass Inc. (Nasdaq: IPAS), a provider of global mobile connectivity, and location and performance data, due to unexpected government closure causing delays with Pareteum’s registration statement and completing closing conditions required by the definitive merger agreement.

Pareteum Extends Tender Offer for All Outstanding Shares of iPass

January 4, 2019

Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, announced today that it has extended the offering period of its previously announced tender offer to purchase all outstanding shares of iPass Inc. (Nasdaq: IPAS), a provider of global mobile connectivity, and location and performance data, due to unexpected government closure causing delays with our registration statement and completing closing conditions required by our definitive agreement.

Pareteum Adds $24 Million in Agreements

December 13, 2018

Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced that it has added five additional three-year agreements in December 2018 totaling $24 million in 36-month contractual revenue backlog.

Pareteum Announces December Customer Deployments

December 11, 2018

Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced its December 2018 services initiation for four previously-awarded contracts that represent $21.5 million of the existing $500 million in its 36-month contractual revenue backlog, and therefore contributing to the company’s revenue recognition.

Pareteum Awarded $76 Million in Additional Three-Year Agreements

November 29, 2018

Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced that it has added 11 additional three-year agreements in November 2018 totaling $76 million in 36-month contractual revenue backlog.

Pareteum’s November Customer Deployments Accelerate

November 27, 2018

Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced that it has initiated services in November 2018 for eight previously-awarded contracts that represent $38.7 million of the existing $500 million in its 36-month contractual revenue backlog, and therefore contributing to the company’s revenue recognition.