0
Wireless

Pareteum looks to reassure investors after stock hit by short sellers

Monday 10 June 2019 | 15:58 CET | News
Pareteum has issued a statement to reassure investors after its stock suffered a sharp fall on 07 June. The company said it was a victim of short-selling. 

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: Mobile & Wireless
Companies: Pareteum
Countries: World
::: add a comment

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 ...

Pareteum to restate H1, 2018 results after revenue recognition problems

Published 22 Oct 2019 09:20 CET | World
Pareteum announced it will restate results for 2018 and the first half of 2019 after it found some revenues were wrongly ...

Pareteum announces expanded deployment at Beam Suntory

Published 05 Sep 2019 17:14 CET | World
Pareteum announced that Beam Suntory expanded its deployment of the Pareteum Experience Cloud. Beam Suntory leverages the ...

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 ...

M1 selects Pareteum Experience Cloud to power Pan-Asian mobility services

Published 31 Jul 2019 15:17 CET | Singapore
Pareteum was selected by Singaporean mobile operator M1 to power the expansion of mobility services across the Asia-Pacific ...

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 achieves USD 70 mln in new sales deals in April

Published 15 May 2019 16:35 CET | World
Pareteum said it closed more than 20 new sales transactions in April, with a combined contract value of USD 70 million. New ...

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 ...

Pareteum wins USD 50 mln contract with MEA brand to launch service in US, UK

Published 28 Mar 2019 15:38 CET | World
Pareteum said it won a USD 50 million contract to power the international expansion of one of the Middle East and Africa region's ...

Pareteum wins USD 17 mln in new early March contracts

Published 15 Mar 2019 12:31 CET | World
Pareteum, a provider of mobile networking software and services, announced ten new customers executed three-year contracts during ...

Pareteum wins USD 30 mln in new February contracts

Published 05 Mar 2019 14:33 CET | World
Pareteum announced twenty new customers executed 3-year contracts during February, valued at USD 30 million in the company's ...