Pareteum

Pareteum is a rapidly growing cloud communications platform company with a mission – “to connect every person and every thing”™. Service providers, brand marketing companies, enterprise and Internet of Things providers use Pareteum to energize their growth and profitability through cloud communication services and complete turnkey solutions featuring relevant content, applications, and connectivity worldwide. To achieve this, Pareteum has developed patent pending software platforms which are connected to 45 mobile networks in 65 countries using multiple different communications channels including mobile telephony, data, SMS, VOIP, OTT services – all over the world. Pareteum integrates all these disparate communications methods and services and brings them to life for customers and application developers, allowing communications to become value-added. This is a major strategic target for many industries, from legacy telecommunications providers to the disruptive technology and data enterprises of today and the future.

Washington, D.C.--(Newsfile Corp. - September 28, 2023) - The Securities and Exchange Commission today announced charges against the former Chief Financial Officer, Edward O'Donnell, and the former Chief Commercial Officer, Victor Bozzo, of New York-based telecommunications company Pareteum Corp. for engaging in fraudulent revenue recognition practices.

SEC Charges Former Pareteum Executives with Accounting and Disclosure Fraud

NEW YORK , Jan. 10, 2023 /PRNewswire/ -- Kahn Swick & Foti, LLC announces that the United States District Court for the Southern District of New York has approved the following announcement of a proposed class action settlement that would benefit purchasers of Pareteum Corporation common stock (NASDAQ: TEUM):  SUMMARY NOTICE OF  PENDENCY OF CLASS ACTION AND PROPOSED SETTLEMENT TO:     ALL PERSONS AND ENTITIES WHO purchased or otherwise acquired PARETEUMCORPORATION securities between DECEMBER 14, 2017, and OCTOBER 21, 2019, inclusive:  YOU ARE HEREBY NOTIFIED, pursuant to an Order of the United States District Court for the Southern District of New York, that a hearing will be held on April 25, 2023, at 10:30 a.m., before the Honorable Alvin K.

Kahn Swick & Foti, LLC Announces Proposed Class Action Settlement on Behalf of Purchasers of Pareteum Corporation Common Stock

Continues to empower enterprises, communications service providers, early-stage innovators, developers, Internet-of-Things (IoT) and telecommunications infrastructure providers Enters Chapter 11 process with $6 million of committed DIP financing NEW YORK , May 15, 2022 /PRNewswire/ -- Pareteum Corporation (OTC: TEUM) and certain affiliates (collectively, "Pareteum" or the "Company"), a global cloud Communications-Platform-as-a-Service (CPaaS) company, today announced that the Company filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy Code ("Chapter 11") in the United States Bankruptcy Court for the Southern District of New York (the "Bankruptcy Court"). The Company intends to execute a strategic asset sale under section 363 of the Bankruptcy Code while addressing legacy issues to best position the business for future success.

Pareteum to Use Voluntary Chapter 11 Process to Facilitate Efficient Sale Process and Position Business for Long-Term Success; Company to Maintain Operations as Usual

NEW YORK, Oct. 1, 2021 /PRNewswire/ -- Pareteum Corporation (OTC: TEUM) ("Pareteum" or the "Company"), a global cloud Communications-Platform-as-a-Service (CPaaS) company, today announced that due to ongoing liquidity requirements it intends to evaluate a range of strategic alternatives.  These strategic alternatives include, but are not limited to, a sale or other business combinations, financing, and/or restructuring transactions.

Pareteum Corporation Announces Review of Strategic Alternatives, Engagement of FTI Capital Advisors

NEW YORK, Aug. 26, 2021 /PRNewswire/ --  Pareteum Corporation  (OTC: TEUM), a global cloud Communications-Platform-as-a-Service (CPaaS) company, today announced financial results for the first quarter of 2021 and provided a business update. "The first quarter of 2021 reflected our emphasis in 2020 and 2021 on working to rectify legacy issues and complete our financial restatements," commented Bart Weijermars, Pareteum's interim Chief Executive Officer.

Pareteum Corporation Announces First Quarter 2021 Financial Results and Provides Business Update

NEW YORK and TUNIS, Tunisia, July 13, 2021 /PRNewswire/ -- Pareteum Corporation  (OTC: TEUM), a global cloud Communications-Platform-as-a-Service (CPaaS) company, today announced that Cayon Cloud Communications (Cayon) will deploy Pareteum Experience CloudTM to provide mobile wireless services to new Mobile Virtual Network Operator (MVNO) brands in Tunisia. Cayon, which was initially established as a mobile virtual network enabler (MVNE) and is a part of Tunisia based Asel Telecom Group, has acquired an MVNO License in Tunisia and provides mobile services to Tunisian end customers using a multi-brand partnership model with existing local brands and organizations.

Cayon Cloud Communications Selects Pareteum Experience Cloud to Launch New MVNO Brands

NEW YORK, June 23, 2021 /PRNewswire/ --  Pareteum Corporation  (OTC: TEUM), a global cloud Communications-Platform-as-a-Service (CPaaS) company, today announced that the National Association of Corporate Directors (NACD) recently recognized Pareteum interim Board Chair Mary Beth Vitale as NACD Directorship Certified. The NACD Directorship Certification® program, the nation's premier certification for board directors, provides a tangible assessment of a director's understanding of the essential knowledge required to lead in today's boardrooms.

Mary Beth Vitale Recognized as NACD Directorship Certified™

Pareteum Corporation (TEUM) CEO Bart Weijermars on Q4 2020 Results - Earnings Call Transcript

NEW YORK, June 17, 2021 /PRNewswire/ -- Pareteum Corporation  (OTC: TEUM), a global cloud Communications-Platform-as-a-Service (CPaaS) company, today announced financial results for full year 2020. "While 2020 was a transitional year for Pareteum as we worked towards resolving corporate legacy issues and financial restatements, we continued to make progress across our business that we believe has laid a foundation for significant future growth," commented Bart Weijermars , Pareteum's interim Chief Executive Officer.

Pareteum Corporation Announces 2020 Financial Results

NEW YORK, June 16, 2021 /PRNewswire/ -- Pareteum Corporation (OTC: TEUM), a global cloud Communications-Platform-as-a-Service (CPaaS) company, will report full year 2020 financial results on Thursday, June 17, 2021, after the U.S. financial markets close.  Pareteum will host a conference call and live audio webcast on Thursday, June 17, 2021, at 4:30 p.m.

Pareteum to Report Full Year 2020 Financial Results and Host Conference Call on June 17, 2021

Pareteum's (TEUM) CEO Bart Weijermars on Preliminary 2020 Revenue Results and Business Update Conference (Transcript)

NEW YORK, May 17, 2021 /PRNewswire/ -- Pareteum Corporation  (OTC: TEUM), a global cloud Communications-Platform-as-a-Service (CPaaS) company, today announced preliminary revenue results for full year 2020 and provided a business update. "Over the past 18 months Pareteum has focused on repositioning itself, including new Board leadership, new management, re-establishing a culture of integrity, emphasizing our customer-centric business model and focusing the business for future growth," commented Mary Beth Vitale , interim Chair of the Board of Directors.

Pareteum Corporation Announces Preliminary 2020 Revenue Results and Provides Business Update

NEW YORK, May 13, 2021 /PRNewswire/ -- Pareteum Corporation (OTC Pink Open Market: TEUM),  a global cloud Communications-Platform-as-a-Service (CPaaS) company, will report full year 2020 financial results on Monday, May 17, 2021, after the U.S. financial markets close.  Pareteum will host a conference call and live audio webcast on Monday, May 17, 2021 at 4:30 p.m.

Pareteum to Report Full Year 2020 Financial Results and Host Conference Call on May 17, 2021

NEW YORK, March 31, 2021 /PRNewswire/ --  Pareteum Corporation  (OTC Pink Open Market: TEUM), a global cloud communications platform company, has partnered with Reach Mobile , a leading platform provider for turnkey wireless services, to further differentiate its Pareteum Experience Cloud. Leveraging Reach Mobile's cloud-native platform represents another key facet of Pareteum's global leadership in powerful mobility, customer engagement, analytics, and intelligence services over the world's largest unified global network.

Pareteum's New Technology Partnership with Reach Mobile Sets the Standard for Turnkey Mobile and Fixed Wireless Solutions in the New Era

NEW YORK, March 12, 2021 /PRNewswire/ -- Pareteum Corporation (OTC Pink Open Market: TEUM),  a global cloud platform-as-a-service (CPaaS) company, achieved another significant milestone today with the announcement of its full-year 2019 financial results and restated first and second quarter financial results for 2019. The Company expects to release its 2019 annual report on Form 10-K and interim periods included therein later today.

Pareteum Announces Full Year 2019 Financial Results with Revenues of $62M, an Increase of $42M

NEW YORK, March 1, 2021 /PRNewswire/ -- Pareteum Corporation (OTC: TEUM), a global cloud communications platform company, has announced a new cellular Wi-Fi connectivity offer to address home office and rural broadband service requirements. This new offering uses Pareteum's mobile network...

Pareteum Announces a New Home Office and Rural Broadband Solution

NEW YORK, Dec. 14, 2020 /PRNewswire/ -- Pareteum Corporation (OTC Pink Open Market: TEUM), a global cloud communications platform company, today announced that it has completed the restatement of operating and financial results for the full year ended December 31, 2018 and the interim...

Pareteum Announces Full Year 2018 Restated Financial Results

NEW YORK, Nov. 10, 2020 /PRNewswire/ -- Pareteum Corporation (Nasdaq: TEUM), a global cloud communications platform company, today issued an open letter to shareholders. Dear Shareholders, Earlier today we issued a press release announcing the delisting of Pareteum's common stock from...

Pareteum Provides Business Update in Open Letter to Shareholders

NEW YORK, Nov. 10, 2020 /PRNewswire/ -- Pareteum Corporation (Nasdaq: TEUM), a global cloud communications platform company, announced today that the Company notified the Hearings Panel (the "Panel") of The Nasdaq Stock Market LLC ("Nasdaq") that it would not be able to file its Quarterly...

Pareteum Provides Update on Nasdaq Delisting

NEW YORK, Oct. 15, 2020 /PRNewswire/ -- Pareteum Corporation (Nasdaq: TEUM), a global cloud communications platform company, announced today that it has received written notification from the Hearings Panel (the "Panel") of The Nasdaq Stock Market LLC ("Nasdaq") stating that the Panel...

Pareteum Receives Listing Extension from Nasdaq

NEW YORK, June 9, 2020 /PRNewswire/ -- Pareteum Corporation (Nasdaq: TEUM), (the "Company"), a global cloud communications platform company, today announced that the Company closed the issuance of $17.5 million in Senior Secured Convertible Notes, with warrants, to an institutional...

Pareteum Secures $17.5 million in Financing to Position for Future Growth

NEW YORK, May 15, 2020 /PRNewswire/ -- Pareteum Corporation (Nasdaq: TEUM), a cloud communications platform company, announced that on May 12, 2020, Pareteum Corporation (the "Company") received a determination letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC...

Pareteum Announces Receipt of Delinquency Notice From NASDAQ

Investors need to pay close attention to Pareteum (TEUM) stock based on the movements in the options market lately.

Are Options Traders Betting on a Big Move in Pareteum (TEUM) Stock?

An amended credit agreement comes at a price to shareholders.

Why Shares of Pareteum Are Down Today

Pareteum Corporation's (TEUM) CEO Hal Turner on Q2 2019 Results - Earnings Call Transcript

News for Pareteum Stock (TEUM)