KORE Wireless, a privately owned company headquartered in the US, was founded in 2003 and operates with approximately 590 employees. Functioning as a telecommunications provider, the company specializes in Internet of Things (IoT) systems.
KORE Group Holdings partnered with Kigen on April 13, 2026, to launch a new range of SGP.32-compliant IoT connectivity solutions. This collaboration aims to simplify global deployments and improve device management through the GSMA’s next-generation eSIM standard, with commercial availability planned for later in 2026. Earlier on April 1, 2026, KORE Group Holdings reported a basic EPS loss of US$0.64 for Q3 FY 2025 on revenue of US$68.7 million. The company's trailing twelve-month (TTM) revenue stood at US$285.4 million, with a TTM EPS loss of US$3.57, indicating the business operates in loss-making territory. This followed the company's report for the 2025 financial year, also released on April 1, which showed a slight dip in overall revenue to USD 285.9 million from USD 286.1 million in 2024. During FY 2025, revenue from IoT connectivity declined by 1.3 percent to USD 224.0 million, while revenue from IoT Solutions expanded by 4.5 percent to USD 62.0 million.
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