Pareteum Corporation, a cloud communications platform company, announced that on March 26th, 2020, its European operating subsidiary entered into a procurement agreement (the “Agreement”) with Vodafone Enabler Espana, S.L. (“Vodafone”) pursuant to which Pareteum Europe will provide Vodafone with mobile network services. The Agreement is a new contract for existing and future services valid until 26th of March 2022 with automatic one-year extensions unless terminated earlier. The Agreement is expected to result in payments to Pareteum based on the numbers of subscribers per month.
“We are thrilled to expand our partnership with Vodafone and deliver our Mobile Virtual Network platform to a world leading telecom and technology service provider,” said Bart Weijermars, Interim Chief Executive Officer of Pareteum. “This is another great example of how Pareteum enables brands to deliver connectivity services under one platform on a global basis, and we look forward to continuing our relationship with Vodafone.”
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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 to bring secure, ubiquitous, scalable, and seamlessly available voice, video, SMS/text messaging, data, media, and content enablement to our customers. In so doing, we are able to make 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.
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