Press Releases
Press Releases
Pareteum Announces Record Third Quarter 2018 Results
Pareteum Corporation (Nasdaq: TEUM), (“Pareteum” or the “Company”), a Global Cloud Software company, announced today its operating and financial results for the third quarter ended September 30, 2018.
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Pareteum Announces New Asia CEO
Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced that CEO Vic Bozzo has been appointed as the new CEO of Pareteum Asia, replacing Manjot Mann, who has accepted a position as chief executive officer with M1 in Singapore. Vic Bozzo assumes his new role within Pareteum Asia Pty Ltd immediately.
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Pareteum to support launch of Kyiv, Ukraine’s first US-based Smart City Accelerator in Silicon Valley on Nov. 15
Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced that it is partnering with the City of Kyiv, Ukraine, to bring Kyiv’s Smart City Accelerator to Silicon Valley, in cooperation with Pareteum strategic partner iPass.
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Pareteum Initiates Services for 11 Customers
Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced that 11 previously-awarded contracts in its 36-Month Contractually Committed Revenue (36MCCR) went live from June to September 2018. These contracts, with a conversion rate of 100%, contributed to Pareteum’s expected $8 million in revenues and 2.9 million connections for the third quarter 2018.
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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.
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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.
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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.
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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.
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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.
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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.
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