Pareteum Corp (NYSEAMERICAN:TEUM) & iPass Inc.(NASDAQ:IPAS) recently announced that the two companies are planning to extend their strategic alliance. As per the recent updates in their deal, the leading provider of mobile connectivity is to offer iPass SmartConnect™ to the telecom carrier and enterprise customers of Cloud Communications Platform Company. Also, Pareteum made another agreement by deploying the $1,000,000 3-year Global Cloud Agreement with a Rural U.S. Wireless Internet Service Provider.
As per the partnership extension deal between Pareteum and iPass, the customers of the cloud communications company will gain the right to access the 64 million hotspots of the iPass SmartConnect™ platform. It will extend the Global Mobility cloud offering simultaneously adding an integrated component to the existing product line of Pareteum. The agreement also will allow Parateum to integrate the SmartConnect technology into its existing Managed Service Provider (MSP) platform.
Pareteum & IPAS Alliance To Provide Global Wi-Fi Base
Currently, the iPass SmartConnect allows secure and simple access to more than 63 million Wi-Fi hotspots thus making it easier for the users to take advantage of its worldwide network. For Pareteum this global Wi-Fi technology is important as it allows easy and cost-effective cellular access which can be incredibly beneficial for today’s digital economy.
While talking about the extension in the alliance, the Chief Executive Officer of Pareteum, Vic Bozzo said that integration of iPass SmartConnect in their MSP Platform will help them provide global Wi-Fi connectivity to their client base. According to Vic Bozzo, “An always-best-connected service drives enhanced productivity and provides customers with a great return on investment. iPass SmartConnect™ will enable us to enhance our industry-leading connectivity and data platform to our customers.”
The Chief Commercial Officer of iPass, Patricia Hume expressed delight on this expansion saying that the industry-leading platform and extensive capabilities of Pareteum perfectly complement service offerings of her company for enterprises and telecom carriers.
Pareteum Ties Up With Rural Wireless Internet Provider
Parateum announced the sales contract with a Rural U.S. Wireless Internet Service Provider on April 12, 2018. The customers of Pareteum’s Global Cloud Services Platform (GCSP) will be using this live service for managing and connecting reliable and secure mobile and broadband connections for the underserviced rural market. The revenue generated through the ongoing monthly subscription and user-related fees including wireless airtime will be recognized during the second quarter of this year.