Hardware Podcasts

Going Public and What it Means for IoT Companies | KORE Wireless's Romil Bahl

IoT For All Podcast · 21 Jun 2021 · 47m

What this episode covers

KORE Wireless CEO Romil Bahl discusses the company's transition to a public entity via a SPAC merger with CTAC, highlighting Q1 2021 revenue of $55 million and 3,600 customers. He explains that KORE has transformed from a pure connectivity provider into a 'connectivity solutions analytics' platform, aiming to capture 30% of the IoT market by simplifying complex deployments through its '7 by 7' framework. Bahl emphasizes the strategic benefits of going public, including brand visibility, financial flexibility for M&A, and access to a credible sponsor, while noting the industry's shift from short-range to long-range connectivity technologies.

Most relevant to

companies scaling up

Topics

Mentioned

Companies
KORE Wireless, CTAC, Cerberus, Avery, Cisco, BlackRock, CTEC, Sprint Nextel, Verizon, AT&T, T-Mobile, Vodafone, Telefonica, Telstra, Rogers, Accenture, Leverage

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