Press Releases Archive - Page 8 of 29

Pareteum to Report Third Quarter 2018 Financial Results on November 7

October 12, 2018

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).

Pareteum to Begin Trading on Nasdaq

October 11, 2018

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.

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

October 8, 2018

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.

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

October 5, 2018

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.

Pareteum Expands Executive Leadership

October 4, 2018

Pareteum Corporation (NYSE American: TEUM), a cloud software platform company, today announced that Denis McCarthy has been promoted as the company’s first president, and Amy Love has joined as chief marketing officer.

Pareteum Adds $15 Million in New Contracts

October 2, 2018

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), today announced that it has signed new contracts with Parallax Health Sciences in the U.S., oneCentral in the Netherlands, and Naledi in South Africa totaling $15 Million over three years. New customers will use Pareteum’s cloud platform as a service offering to enable voice, mobile, and device and data-monitoring for their companies. These use cases are made possible through the recently-merged Artilium and Pareteum products.

RECOMMENDED SHARE AND CASH OFFER for ARTILIUM PLC By PARETEUM CORPORATION

September 28, 2018

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing Global Software Defined Cloud company, delivering award winning mobile enablement solutions, announced on 7 June 2018, that the boards of Artilium Plc and Pareteum Corporation had reached agreement on the terms of a recommended share and cash offer pursuant to which Pareteum will acquire the entire issued and to be issued ordinary share capital of Artilium not already owned by Pareteum (the "Acquisition"), which will be effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 ("Scheme").

Pareteum Breaks into Platform as a Service Market

September 26, 2018

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), today released availability of its self-service portal for communications service providers and developers to connect with and build programs for the internet of things.

Pareteum Awarded $38 Million Contract in Asia

September 24, 2018

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing Global Software Defined Cloud company, delivering award winning mobile enablement solutions, today announced that its Managed Service Platform (MSP) has been chosen in a five-year, $38 Million contract with an IoT and MVNO provider in Asia.

Pareteum Expands to Asia

September 18, 2018

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing Global Cloud Software company, delivering award winning mobile enablement solutions, today announced the establishment of its Singapore office, Pareteum Asia Pte Ltd (“Pareteum Asia”). The number of Asia based customers has grown during the past two years, and the opportunities available to Pareteum throughout Asia, including Australia and New Zealand, have led to our need for direct in-market presence to meet our growing demands.