iPass narrows losses as revenues continue lower in Q2

Thursday 9 August 2018 | 12:30 CET | News
iPass reduced its losses in the second quarter despite a continued fall in revenues. Revenues dropped to USD 10.5 million from USD 11.4 million a year ago as increased churn in its enterprise connectivity business was offset by the first revenues from its expansion into licensing. The adjusted EBITDA loss reduced to USD 3.7 million from USD 4.4 million, and the net loss narrowed to USD 4.5 million from USD 5.3 million a year ago. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Mobile & Wireless
Companies: iPass
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


AlwaysOn partners with iPass for USD 20 mln monthly Wi-Fi service

Published 27 Nov 2018 11:12 CET | South Africa
Consumer Wi-Fi provider AlwaysOn has signed an international roaming agreement with iPass for a USD 20 per month service offering ...

iPass enters two data deals

Published 18 Sep 2018 19:48 CET | World
iPass entered into two new data deals, one for the iPass Location Intelligence product and one for iPass Network Intelligence. ...

Major LatAm Airline picks iPass for pilot connectivity

Published 30 Aug 2018 15:22 CET | Latin America
Global Wi-Fi provider iPass announced a contract with an unnamed multinational airline headquartered in Latin America to provide ...

Blue Turtle becomes reseller of Majesti-fi's data roaming Wi-Fi service

Published 14 Aug 2018 09:55 CET | South Africa
South Africa's Blue Turtle Technologies has become a reseller for Majesti-fi's hotspot service, providing the world's first ...

IPass verkleint verlies in Q2

Published 09 Aug 2018 15:49 CET | World
IPass heeft zijn verlies in het tweede kwartaal terug weten te dringen ondanks een daling van de omzet. De omzet kwam in Q2 uit ...

iPass appoints Goldman to board, forms strategy committee

Published 03 Aug 2018 15:06 CET | World
iPass added Neal Goldman to the board of directors. In addition, the company announced that it formed a strategy committee whose ...

iPass secures new credit line worth up to USD 20 mln

Published 19 Jun 2018 13:47 CET | World
Wi-Fi provider iPass announced that it has finalized a senior secured credit facility of up to USD 20 million from affiliates of ...

iPass expands Wi-Fi footprint with BSNL in India

Published 14 Jun 2018 08:19 CET | India
iPass has signed a partnership agreement with Indian operator Bharat Sanchar Nigam Limited (BSNL). The agreement will provide ...

Republic Wireless taps iPass to offer global Wi-Fi to customers

Published 06 Jun 2018 07:44 CET | World
iPass and Republic Wireless entered into a new partnership under which Republic Wireless' hundreds of thousands of customers get ...

Pareteum enters licence deal to embed iPass technology

Published 15 May 2018 07:04 CET | World
Pareteum entered into a worldwide licence purchase agreement to fully embed the iPass SmartConnect technology into the Pareteum ...

iPass sees brighter future with multimillion license deal after lower Q1

Published 09 May 2018 09:58 CET | World
Wi-Fi network operator iPass said first quarter revenues fell to USD 11.4 million from 14.3 million the year before, with ...

iPass inks stock purchase deal with Aspire worth up to USD 10 mln

Published 17 Nov 2017 09:50 CET | World
Wi-Fi network operator iPass has signed a stock purchase deal with Aspire Capital Fund worth up to USD 10 million. Under the ...

iPass lowers profit guidance after weaker Q3

Published 02 Nov 2017 14:03 CET | World
Wi-Fi network operator iPass reported revenues of USD 13.4 million in the third quarter, against 16.5 million the year before, ...

Calendar   /   Industry Events

19 Oct Tele2 Q3 2021
19 Oct A1 Telekom Austria Q3 2021
19 Oct Iridium Q3 2021
19 Oct Netflix Q3 2021
19 Oct America Movil Q3 2021
19 Oct Ericsson Q3 2021
19 Oct Pixel Fall Launch
19 Oct Arm DevSummit
20 Oct Verizon Q3 2021
20 Oct Crown Castle Q3
20 Oct Elisa Q3 results
20 Oct Bango strategy day
20 Oct Samsung Unpacked Part 2
21 Oct Telenor Q3 2021
21 Oct Digi Q3 2021
21 Oct Grameenphone Q3 2021
21 Oct Orange Belgium Q3 2021
21 Oct Intel Q3
21 Oct Telia Q3 results
21 Oct Snap Q3
21 Oct AT&T Q3 2021
22 Oct Doro Q3 results
25 Oct Facebook Q3
25 Oct Dtac Q3 2021
25 Oct Calix Q3 2021
26 Oct F5 Networks fiscal Q4
26 Oct SK hynix Q3
26 Oct Orange group Q3 2021
26 Oct MediaTek Q3
26 Oct Twitter Q3 2021
::: More Calendar Items