Pareteum adds $3M Global Cloud Services contract
Pareteum announced that an established UK-based enterprise has selected Pareteum and Global Cloud Services Platform to empower their global security service offering. This new customer provides an array of global security services in over 90 countries, including home, fire, and security monitoring, as well as, business enterprise solutions ranging from employment screening and facilities management to enhanced tactical operations. Under the terms of the 3-year agreement, Pareteum will be paid monthly revenue for each wireless connected device managed by the Pareteum Global Cloud Services Platform. GCSP services provided to our customer enables secure connectivity, application provisioning, and monitoring for their more than 30 thousand subscribers.