|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.7800 - 0.7800|
|52 Week Range||0.0050 - 2.0000|
|Beta (3Y Monthly)||53.92|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 30, 2019 - Sep 3, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
New York, NY, July 09, 2019 (GLOBE NEWSWIRE) -- mPhase Technologies, Inc. (XDSL) (the “Company”) is pleased to announce the acquisition of a controlling interest in Alpha Predictions LLP, (“Alpha Predictions”) an India-based technology company that has developed a suite of commercial data analysis products for use across multiple industries. Alpha Predictions currently has sales in excess of $2.0 million (USD) and will contribute immediately to mPhase revenues. Alpha Predictions is comprised of a team of data specialists who are developing software designed to provide enhanced levels of data analysis for specific business applications.
New York, NY, May 20, 2019 (GLOBE NEWSWIRE) -- mPhase Technologies, Inc. (OTC Pink:XDSL) (“the Company”) today announced that it has entered into a non-binding Memorandum of Understanding (“MOU”) with iLearningEngines, Inc. (“iLE”), a leader in Mission Critical Training services. Currently private, ILE was ranked 7th on Deloitte’s 2018 list of the 500 fastest growing companies in North America. Under the terms of the MOU, the two companies are seeking a partnerhip under which mPhase will provide customer specific solutions to iLE customers using the iLE platform, with payment based on a subscription-based SaaS model.
New York, NY, April 25, 2019 (GLOBE NEWSWIRE) -- mPhase Technologies, Inc. (OTC Pink:XDSL) (“the Company”) today announced that it has entered into a stock purchase agreement with AIRobotica Services Limited (“AIRobotica”), a Bangalore, India-based technology company focused on artificial intelligence (AI) and machine learning (ML). In its first two years in business, AIRobotica has already signed contracts or is developing projects for entities in government, manufacturing, healthcare, automotive, retail, real estate and logistics industries. In addition to third-party contracts, the new division will support the commercialization of existing and future mPhase technology.
New York, NY , April 02, 2019 (GLOBE NEWSWIRE) -- mPhase Technologies, Inc. (XDSL) (“the Company”) is pleased to issue the following strategic outlook for 2019. The purpose of this commentary is to familiarize shareholders with the changes that are in progress at mPhase and to provide an overview of the strategy and goals for the coming year. The team concluded that some of this technology could be commercialized relatively quickly if it underwent modification and modernization.
New York, NY, March 07, 2019 (GLOBE NEWSWIRE) -- mPhase Technologies, Inc. (XDSL) (“mPhase” or the “Company”) is pleased to announce the acquisition of Travel Buddhi, a technology platform focused on enhancing travel via ultra-customization tools that can tailor the travel experience in ways not previously available. The technology was originally developed by members of the new mPhase Technologies India (MTI) team and will be commercialized by that Division during 2019. This acquisition represents the first tangible product line to utilize mPhase’s growing commitment to develop real-world products via an in-house team of machine learning and artificial intelligence (AI) experts.
New York, NY, Feb. 19, 2019 (GLOBE NEWSWIRE) -- mPhase Technologies, Inc. (XDSL) (“mPhase” or the “Company”) is pleased to announce the creation of a Center of Excellence (COE) within its newly-organized mPhase Technologies India (MTI) Division, The concept behind this Center is to assemble a team of highly qualified software and technology experts in marketable categories such as AI and machine learning. The goal is to quickly turn the MTI Division into a revenue producing profit center for mPhase. While there are many models for a COE in the technology space, mPhase has identified two key areas for initial focus – artificial intelligence (AI) and machine learning.
New York, NY, Feb. 06, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- mPhase Technologies, Inc. (XDSL) (“the Company”) is pleased to inform shareholders that it has entered into substantive discussions with a global pharmaceutical company (“Pharma Company”) to explore the use of the mPhase smart surface technology for transdermal drug delivery. The Pharma Company currently has more than 549 registered pharmaceutical products and operates in 68 countries. The mPhase drug delivery technology relies on the same nanotechnology platform that powers the Company’s Smart Nanobattery, and uses electronic or other external stimulus to dispense an unattended, predetermined quantity of drug or medical agent through a smart surface membrane.
New York, NY, Feb. 04, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- mPhase Technologies, Inc. (XDSL) (“the Company”) is pleased to announce that it has filed for the formation of a new wholly owned company, mPhase Technologies India, Pvt. Ltd., an Indian corporation which will spearhead pending software and technology development for existing and newly planned projects. The initial team has already been identified and can begin work immediately, giving mPhase the ability to move forward on several strategies.
New York, NY, Jan. 22, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- mPhase Technologies, Inc. (XDSL) (“the Company”) is pleased to announce that Anshu Bhatnagar has joined the Company, effective January 11, 2019, as its Chief Executive Officer. Ronald Durando has stepped down from his role as CEO, but will work with the incoming team to ensure a smooth transition. Mr. Bhatnagar is a veteran financial professional and will spearhead the Company’s transition to a new model focused on growth technology businesses with current revenue potential.