CNTM news

CEO Bhaskar Panigrahi announced the appointment of Leo Riera as Lead Independent Director and Chairman of the Nominating Committee. Riera brings over 40 years of capital markets and investment banking experience to the OTCQX-listed company.

ConnectM formed a Strategic Advisory Board of industry veterans to drive the development of AI data center energy infrastructure and improve institutional investor positioning.

ConnectM Technology Solutions reported a significant 24% increase in Q2 2026 revenue to $9.79 million and generated its first-ever profitable quarter, while divesting assets to bolster its financial position.

The company confirmed the receipt of trading approval for 160 million Blue Cloud shares acquired in a June share exchange, initially valued at ~17.3% of the target. This transaction allows ConnectM to hold a liquid equity position in the AI and infrastructure platform, simplifying its corporate stru…

ConnectM reported $35.8M in revenue for FY2025, representing 58% year-over-year growth and a 32% gross margin. The company completed an uplisting to OTCQX.

ConnectM Technology Solutions secured a 17.3% equity stake in Blue Cloud Softech following a share exchange integrating Global Impx assets. Positive investor reception to Blue Cloud's direction reinforces the strategic logic of the transaction and supports expanding partnership opportunities.

ConnectM Technology Solutions received regulatory approval from BSE Limited for Blue Cloud to acquire its India business, with the transaction expected to increase stockholders' equity from $2.0 million to approximately $18.8 million on a pro forma basis. The non-dilutive transaction significantly s…

ConnectM Technology Solutions reported Q1 2026 results with narrowing net loss to $6.7M despite $2.9M divestiture charges, while SG&A expenses fell 19% and new Keen Labs division generated $1.9M revenue. The company is restructuring its portfolio by exiting legacy service units and focusing on highe…