__Pareteum__mobile cloud solutions provider
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Pareteum Achieves $100 Million in New Sales Agreements During March
PRNewswire
April 04, 2019 7:00am Comments
NEW YORK, April 4, 2019 /PRNewswire/ -- Pareteum Corporation (NASDAQ:TEUM), a rapidly growing global cloud software communications platform company with a mission to connect every person and every(thing), today announced that new contracts closed during the second half of March 2019 contributed in excess of $80 million to the company's expanding 36-month contractual revenue backlog (36MCRB).
Showcase contracts announced during the second half of March with a digital services provider based in the Middle East and Africa Region, and a digital currency-based connectivity provider in the US powered a record $100 million month for Pareteum in newly signed 36MCRB agreements.
Additional new contract wins from the second half of March include:
International customer loyalty connectivity services for one of Europe's largest banks and its Mobile Virtual Network Operator brand
Cloud communications platform and connectivity services for a new US Mobile Virtual Network Operator
Cloud communications platform for a European carrier services provider
IoT and consumer connectivity services for a European smart city hub
Cloud communications platform and connectivity for a provider of secure wallet and digital currency-based mobile services
Executive Chairman and Principal Executive Officer of Pareteum, Hal Turner, commented, "We have developed, built, and delivered software services for a wide range of customers and we are rapidly moving into new markets and territories with 'communications reimagined' services. This record performance, our very first $100 million new 36MCRB sales month, reflects the strong value customers derive as they continue to buy our services. All Pareteum TEUMATES have had a hand in the performance and I congratulate each of our colleagues."
Pareteum's Chief Revenue Officer, Rob Mumby, added, "We continue to win great new customers while positioning ourselves to become increasingly strategic to existing customers with our highly flexible cloud communications services."
About Pareteum Corporation:
Millions of people and devices are connected around the world using Pareteum's Global Cloud Communications Platform, enhancing their mobile experience. Pareteum unleashes the power of applications and mobile services, bringing secure, ubiquitous, scalable, and seamlessly available voice, video, SMS/text messaging, and data, media and content enablement to our customers, making worldwide communications services easily and economically accessible to everyone. By harnessing the value of our cloud communications platform, Pareteum serves enterprises, communications service providers, early stage innovators, developers, IoT, and telecommunications infrastructure providers. Pareteum envisions a new mobile communications experience imagining what will be, and delivering now. Pareteum currently has offices in North America, South America, Spain, Bahrain, Singapore, Indonesia, Germany, Belgium, United Kingdom, Russia, and the Netherlands. For more information please visit: www.pareteum.com.
36-Month Contractual Revenue Backlog Definition:
36-Month Contractual Revenue Backlog (36MCRB), is a Non-GAAP financial measure. It is measured on a forward-looking 36-month snapshot view, monthly, and is generated by the Company's Communications Services Providers, Enterprises, and IoT customers who use communication as a service platform products and services from the company's portfolio. The Pareteum multi-year Software-as-a-Service agreements include service establishment and implementation fees, guaranteed minimum monthly recurring fees, as well as contractually scheduled subscribers (connections), in some cases including subscriber (connections) usage, during the term of the agreement, and, their resulting monthly recurring contractual revenue. There can be no assurances that we reach the total contract revenue backlog. Timing of revenue recognition may vary from actual results.
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Wertpapier: Pareteum |
NEWS PROVIDED BY
Pareteum Corporation
Apr 16, 2019, 16:05 ET
NEW YORK, April 16, 2019 /PRNewswire/ -- Pareteum Corporation (NASDAQ: TEUM), a rapidly growing global cloud software communications platform company with a mission to connect every person and every(thing), announced that it will report first quarter 2019 financial results after the market close on Tuesday, May 7, 2019. Management will host a conference call and webcast to discuss the Company's financial results at 4:30 pm EDT.
Conference Call Information:
Date: May 7, 2019
Time: 4:30 PM EDT
Domestic Dial-in Number: 1- 800-263-0877
International Dial-in Number: 1- 646-828-8143
U.K. Toll Free: 0800 358 6377
Live webcast: http://public.viavid.com/index.php?id=134075
A replay of the call will be available approximately one hour after the end of the call through May 6, 2020. The replay can be accessed via the following link: http://public.viavid.com/index.php?id=134075
About Pareteum Corporation:
Millions of people and devices are connected around the world using Pareteum's Global Cloud Communications Platform, enhancing their mobile experience. Pareteum unleashes the power of applications and mobile services, bringing secure, ubiquitous, scalable, and seamlessly available voice, video, SMS/text messaging, and data, media and content enablement to our customers, making worldwide communications services easily and economically accessible to everyone. By harnessing the value of our cloud communications platform, Pareteum serves enterprises, communications service providers, early stage innovators, developers, IoT, and telecommunications infrastructure providers. Pareteum envisions a new mobile communications experience imagining what will be, and delivering now. Pareteum currently has offices in North America, South America, Spain, Bahrain, Singapore, Indonesia, Germany, Belgium, United Kingdom, Russia, and the Netherlands. For more information please visit: www.pareteum.com.
Media Inquiries
Press@pareteum.com
Pareteum Investor Relations Contacts:
Ted O'Donnell
Chief Financial Officer
+1 646 810 2182
InvestorRelations@pareteum.com
Michael Bloom
Investor Relations
InvestorRelations@pareteum.com
Allise Furlani
The Blueshirt Group
allise@blueshirtgroup.com
Carrie Howes
Rayleigh Capital
European- Global IR
+1 416 837 0075
SOURCE Pareteum Corporation
Related Links
http://www.pareteum.com
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Oppenheim widerspricht Fake-News von Shortseller Aurelius Value
https://www.benzinga.com/analyst-ratings/...teum-stock-trading-higher
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Der Kurs wird häufig (wie auch bei anderen Werten) durch Fake-News
von Pseudo-Analysten beeinflusst.
Die Zeit wird zeigen wohin die Reise geht.
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Wertpapier: Pareteum |
http://www.prnewswire.com/news-releases/...s-consensus-300878179.html
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Siehe bitte dazu den heutigen Grottenkurs, danke der Aufmerksamkeit !
