NEW YORK, Sept. 3, 2020 /PRNewswire/ -- Pareteum
Corporation (Nasdaq: TEUM), a global cloud communications
platform company, announced today that it has partnered with Genza,
a Geneva-based telecommunications
company, to build an MVNO serving the UK market.
By utilizing the Pareteum Experience Cloud platform, Genza will
have access to the voice and SMS capabilities enabling access to
the best cellular networks and fully programmable B2C messaging
capabilities across a wide range of mobile and social channels.
The Pareteum Experience Cloud enables a host of powerful
mobility, customer engagement, analytics, and intelligence services
over the world's largest unified global network. This includes
global Wi-Fi and cellular connectivity, inflight Wi-Fi service,
application-to-person (A2P) messaging, interactive voice response
(IVR), missed call alert, location intelligence, and more. The
platform's SaaS model enables rapid time to market for service
launches and expansions and allows brands to pay-as-they-scale.
Genza's mission is to make a difference through digital
innovation, to enlarge the global market, and to help make people
more confident and comfortable with communications. Genza develops
direct interconnections via private and public internet with MVNOs,
fixed line and mobile operators. Whether addressing
hard-to-reach locations or destinations with dependable
connectivity options, their goal is to provide a reliable and
straightforward service that is quality-conscious and aimed at
improving international voice quality.
"The Pareteum Experience Cloud offers service providers a wide
array of useful tools," said Efe
Demir, Genza's International Business Development Director.
"By leveraging Pareteum's ready-made voice and SMS offerings, we
were able to simultaneously save on overhead and development costs
and facilitate an expedited rollout to our UK customer-base."
"The Experience Cloud is an incredibly adaptive platform,
capable of fulfilling the unique demands of just about any service
provider," said Bart Weijermars, Pareteum's interim CEO. "Our
partnership with Genza, who had very specific requirements that
needed to be addressed as quickly as possible, is emblematic of
this adaptability."
About Pareteum Corporation
Pareteum is an experienced provider of Communications Platform
as a Service solutions. Pareteum empowers enterprises,
communications service providers, early stage innovators,
developers, IoT, and telecommunications infrastructure providers
with the freedom and control to create, deliver and scale
innovative communications experiences. The Pareteum
platform connects people and devices around the world using
the secure, ubiquitous, and highly scalable solution to deliver
data, voice, video, SMS/text messaging, media, and content
enablement. For more information please
visit: www.pareteum.com.
Forward Looking Statements
Certain statements contained herein constitute "forward-looking
statements" as defined by the Private Securities Litigation Reform
Act of 1995. Such statements may include, without limitation,
statements with respect to the Company's plans and objectives,
projections, expectations and intentions. These forward-looking
statements are based on current expectations, estimates and
projections about the Company's industry, management's beliefs and
certain assumptions made by management. Readers are cautioned that
any such forward-looking statements are not guarantees of future
performance and are subject to certain risks, uncertainties and
assumptions that are difficult to predict, including risks arising
from the novel coronavirus (COVID-19) pandemic. We discuss many of
these risks, uncertainties and assumptions in Item 1A under the
heading "Risk Factors" in our Annual Report on Form 10-K for the
year ended December 31, 2018, as
updated by our other filings with the SEC. Because such statements
involve risks and uncertainties, the actual results and performance
of the Company may differ materially from the results expressed or
implied by such forward-looking statements. Given these risks and
uncertainties, readers are cautioned not to place undue reliance on
such forward-looking statements. Unless otherwise required by law,
the Company also disclaims any obligation to update its view of any
such risks or uncertainties or to announce publicly the result of
any revisions to the forward-looking statements made here.
Additional information concerning certain risks and uncertainties
that could cause actual results to differ materially from those
projected or suggested in the Company's filings with the Securities
and Exchange Commission, copies of which are available from the SEC
or may be obtained upon request from the Company.
Media Inquiries
Press@pareteum.com
Pareteum Investor Relations Contacts:
Investor
Relations +1 (646) 975-0400
Investor.relations@pareteum.com
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SOURCE Pareteum Corporation