Uncategorized

Pareteum and Global Australasia Carrier Sign $4 Million Agreement

Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced a three-year, $4 million contract with an Asia, Pacific and Australasia-based global communications carrier to provide its cloud platform product suite for a major prepaid international voice services market.
Read More

Uncategorized

Pareteum Achieves $500 Million in 36-Month Contractual Revenue Backlog

Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced that its current 36-Month Contractual Revenue Backlog (36MCRB) has grown to $500 million; this number includes the backlog incorporated with Pareteum’s recent acquisition of Artilium and excludes certain monthly recurring revenue streams deriving from that acquisition for which long-term contracts are not in place.
Read More

Uncategorized

Pareteum Adds $11 Million in New Business

Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced that it has signed three-year mobility as a service agreements totaling $11 million and 800,000 in connections with five new brands, including Global Connect and Moby.
Read More

Uncategorized

Pareteum Now Trading on Nasdaq

Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced that it is now trading on Nasdaq under the symbol “TEUM.” Pareteum will report third quarter 2018 financial results on November 7.
Read More

Uncategorized

Pareteum Targets Growth in the Americas with New Hires

Pareteum Corporation (NYSE American: TEUM), a global cloud software company, has hired business development talent to reach new customers in the Americas: David Hess has been appointed vice president of sales for North America; David John has been named managing director of Latin America.
Read More

Uncategorized

Pareteum Announces $8 Million in New Agreements

Pareteum Corporation (NYSE American: TEUM), a global cloud software company, today at the MVNO North America Conference in Miami, Florida announced agreements with four new customers valued at $8 million, including monogoto and Nextelle.
Read More

Uncategorized

Pareteum to Report Third Quarter 2018 Financial Results on November 7

Pareteum Corporation (NYSE American: TEUM), a global cloud software company, today announced that it will report its financial results for the third quarter ended September 30, 2018 after market close on November 7. A conference call and live webcast to discuss the results are scheduled to begin on November 7 at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time).
Read More

Uncategorized

Pareteum to Begin Trading on Nasdaq

Pareteum Corporation (NYSE American: TEUM), a cloud software platform company, today announced that it has been approved for listing on Nasdaq under the symbol “TEUM.” Trading on Nasdaq is expected to commence on October 23, 2018. The company’s common stock will continue to trade on the NYSE American until the market close on October 22, 2018.
Read More

Uncategorized

Pareteum Expands Customer Base in Asia with 3-year $50 Million Contract

Pareteum Corporation (NYSE American: TEUM), a cloud software platform company, today announced a $50 million contract with One Development, Thailand’s first mobile virtual network aggregator and enabler, and leader in the country’s growing mobile virtual network operator market. Pareteum’s cloud software platform will power One Development’s ability to offer a turnkey solution to the over 50 companies that have obtained a mobile virtual network operator license in Thailand.
Read More

Uncategorized

Pareteum Expects at Least $8 Million in Third Quarter 2018 Revenue

Pareteum Corporation (NYSE American: TEUM), a cloud software platform company, today announced that it expects a minimum of $8 million in third quarter revenues. This represents an approximate 129% growth for the third quarter ended September 30, 2018, as compared to a year ago. Third quarter expected 2018 revenues will also represent an approximate 33% sequential growth over the second quarter of 2018, demonstrating the continuing strong increase in connections previously reported in the second quarter of 2018.
Read More