Pareteum Corporation (TEUM) Tops Q1 EPS by 1c

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Pareteum Corporation (TEUM) Secures 3-Yr $4M Contract from Diversified Enterprise in Asia

May 8, 2018 8:52 AM EDT

Pareteum Corporation (NYSE: TEUM) announced today that it has signed a 3-year, $4 million contract with a diversified enterprise client in the manufacturing, banking and construction sectors. The established customer will use the Pareteum Global Cloud platform to provide service for their wireless Internet of Things requirements.

Pareteum's GCSP solution enables our client's enterprise customers to operate from a single software and connectivity platform to manage wireless devices, and, to provision, monitor and manage all the connectivity for their Internet of Things... More