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

- Show: [IoT For All Podcast](https://hardwarepodcasts.com/podcast/iot-for-all-podcast)
- Published: 2021-06-21
- Length: 47m
- Page: https://hardwarepodcasts.com/podcast/iot-for-all-podcast/2021-06-21-going-public-and-what-it-means-for-iot-companies-kore-wirelesss-romil-bahl
- Listen: https://podcasters.spotify.com/pod/show/iot-for-all/episodes/Going-Public-and-What-it-Means-for-IoT-Companies--KORE-Wirelesss-Romil-Bahl-e28bp4j

## Summary

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.

## Chapters

- [0:53](https://hardwarepodcasts.com/podcast/iot-for-all-podcast/2021-06-21-going-public-and-what-it-means-for-iot-companies-kore-wirelesss-romil-bahl#t=53) Introduction: Romil Bahl and KORE Wireless Background
- [3:42](https://hardwarepodcasts.com/podcast/iot-for-all-podcast/2021-06-21-going-public-and-what-it-means-for-iot-companies-kore-wirelesss-romil-bahl#t=222) Q1 2021 Financials and the SPAC Merger Decision
- [10:34](https://hardwarepodcasts.com/podcast/iot-for-all-podcast/2021-06-21-going-public-and-what-it-means-for-iot-companies-kore-wirelesss-romil-bahl#t=634) Strategic Benefits of Going Public and SPAC Mechanics
- [19:12](https://hardwarepodcasts.com/podcast/iot-for-all-podcast/2021-06-21-going-public-and-what-it-means-for-iot-companies-kore-wirelesss-romil-bahl#t=1152) KORE's Transformation from Connectivity to Solutions and Analytics
- [24:23](https://hardwarepodcasts.com/podcast/iot-for-all-podcast/2021-06-21-going-public-and-what-it-means-for-iot-companies-kore-wirelesss-romil-bahl#t=1463) The '7 by 7' Framework and Reducing IoT Deployment Complexity
- [30:38](https://hardwarepodcasts.com/podcast/iot-for-all-podcast/2021-06-21-going-public-and-what-it-means-for-iot-companies-kore-wirelesss-romil-bahl#t=1838) Future of IoT: Long-Range Connectivity and Industry Trends
- [40:04](https://hardwarepodcasts.com/podcast/iot-for-all-podcast/2021-06-21-going-public-and-what-it-means-for-iot-companies-kore-wirelesss-romil-bahl#t=2404) Connected Health and Decentralized Clinical Trials

## Topics

- [Connected products & IoT](https://hardwarepodcasts.com/topic/connected-products-and-iot)
- [Growth, exits & acquisitions](https://hardwarepodcasts.com/topic/growth-exits-and-acquisitions)
- [Wireless & RF](https://hardwarepodcasts.com/topic/wireless-and-rf)
- [Medical & health devices](https://hardwarepodcasts.com/topic/medical-devices)
- [Pricing, margins & unit economics](https://hardwarepodcasts.com/topic/pricing-and-unit-economics)

## Most relevant to

companies scaling up

## Mentioned

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

## Related episodes from other shows

- [Breaking IoT Connectivity Barriers with Chris Baird, CEO of OptConnect](https://hardwarepodcasts.com/podcast/over-the-air/2024-07-25-breaking-iot-connectivity-barriers-with-chris-baird-ceo-of-optconnect) (Over the Air)
- [Space IoT: The Final Frontier](https://hardwarepodcasts.com/podcast/over-the-air/2021-04-27-space-iot-the-final-frontier) (Over the Air)
- [Interview with Zach Supalla - Particle CEO! Tachyon 5G SBC! Blues LoRaWAN Starter Kit!](https://hardwarepodcasts.com/podcast/the-electromaker-show/2024-08-19-interview-with-zach-supalla-particle-ceo-tachyon-5g-sbc-blues-lorawan-starter-ki) (The Electromaker Show)
- [Episode 9: Silicon Trends and Highlights from MWC](https://hardwarepodcasts.com/podcast/the-circuit/2023-03-06-episode-9-silicon-trends-and-highlights-from-mwc) (The Circuit)
- [Emerging Technologies in IoT with Patrick Wilbur, Co-Founder at Hologram](https://hardwarepodcasts.com/podcast/over-the-air/2023-05-11-emerging-technologies-in-iot-with-patrick-wilbur-co-founder-at-hologram) (Over the Air)

## Citing this page

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