0
General

Pareteum achieves USD 70 mln in new sales deals in April

Wednesday 15 May 2019 | 16:35 CET | News
Pareteum said it closed more than 20 new sales transactions in April, with a combined contract value of USD 70 million. New contracts were awarded by several communications service providers, including a multinational MVNO in the EMEA region, a Hong Kong mobile virtual network, an operator that is using Pareteum's cloud and network products, a UK global voice-calling platform, and a US MVNO and device manufacturer. Other contracts were signed with three enterprises and a IoT services provider.

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.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Pareteum
Countries: World
::: add a comment
This article is part of dossier

IoT


Add 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.


Related

Pareteum says working on long-term value for shareholders, to appeal Nasdaq delisting notice

Published 18 May 2020 15:31 CET | World
Pareteum, a provider of communications-platform-as-a-service products, has sent a letter to shareholders, after receiving a ...

Parateum provides IoT connectivity for Coniq smart loyalty tracking devices

Published 23 Sep 2019 20:52 CET | Europe
Cloud communications platform company Pareteum has been selected by UK-based Coniq, provider of CRM and loyalty systems for ...

Pareteum draws on credit line to fund operations

Published 26 Aug 2019 15:58 CET | World
Pareteum announced that it has drawn down USD 2.5 million on its credit agreement signed in February with its senior secured ...

Pareteum raises outlook as Q2 revenues top USD 34 mln, EBITDA positive

Published 07 Aug 2019 10:11 CET | World
Pareteum, a provider of communications platform as a service products, reported revenues up 48 percent from the previous quarter ...

Pareteum announces Q2 financial results to exceed analysts' consensus

Published 01 Jul 2019 15:31 CET | World
Pareteum said its positive preliminary financial results for Q2 will exceed existing analysts' consensus of USD 26.2 million for ...

Pareteum launches Pareteum Experience Cloud

Published 20 Jun 2019 09:24 CET | World
Pareteum announced the commercial launch of the Pareteum Experience Cloud. It provides a combination of mobility, customer ...

Pareteum looks to reassure investors after stock hit by short sellers

Published 10 Jun 2019 15:58 CET | World
Pareteum has issued a statement to reassure investors after its stock suffered a sharp fall on 07 June. The company said it was a ...

Pareteum launches seven customers into service production during April

Published 10 May 2019 14:31 CET | World
MVNE Pareteum said it launched seven new customers into production during April. Continued rapid movement of customers into ...

Pareteum buys location and engagement specialist Devicescape

Published 08 May 2019 13:42 CET | World
MVNE Pareteum, which earlier said revenues jumped 460 percent year-on-year in the first quarter, has now announced the ...

Pareteum lifts FY guidance after Q1 revenues leap 460%

Published 08 May 2019 09:13 CET | Benelux
MVNE Pareteum increased its guidance for the full year after revenues for the first quarter leaped 460 percent from the year ...

Pareteum wins USD 22 mln contract with digital currency Wi-Fi provider

Published 02 Apr 2019 15:09 CET | World
Pareteum won a USD 22 million 36-month contract from a company that decided to use Pareteum's platform to rapidly expand its ...