KonaTel Inc (OTCQB: KTEL) is a telecommunications company that operates two business lines: a federally subsidized Lifeline wireless service for low-income consumers and a Communications Platform as a Service (CPaaS) operation through its wholly owned subsidiary Apeiron Systems. Revenue comes from government Lifeline reimbursements paid through the FCC's Universal Service Fund and from fees charged to business customers for hosted communications services. Apeiron, acquired on December 31, 2018 and organized in 2013, owns and operates a national private core network delivering VoIP, SMS/MMS messaging, MPLS, Dedicated Internet, LTE Wireless WAN, SD-WAN, and IoT data and device management, all accessible via proprietary APIs. KonaTel is a smaller reporting company as of the 10-K filed April 16, 2026. Its Apeiron subsidiary holds office space of approximately 6,900 square feet in Johnstown, Pennsylvania under a lease expiring August 31, 2030. The Lifeline segment faces material regulatory risk, as approximately 7,000,000 current Lifeline users and approximately 34,000,000 eligible customers depend on FCC program continuity.
Lifeline subsidized wireless service for low-income consumers. Through Apeiron Systems: VoIP, cellular and Over-The-Top (OTT) telephony, SMS/MMS messaging and broadcast services, Cloud IVRs, Voicemail, Fax, Call Recording, local and toll-free and international phone numbers, MPLS, Dedicated Internet, LTE Wireless WAN, SD-WAN, IoT data and device management, Information Data Dips, and proprietary API access to the Apeiron platform. Apeiron holds an FCC ITSP license and an FCC numbering authority license.
Two revenue streams: government reimbursements from the FCC Universal Service Fund for providing Lifeline wireless service to qualifying low-income subscribers, and transactional or subscription fees from business customers purchasing hosted CPaaS services through Apeiron Systems, distributed via its website, sales staff, independent sales agents, and Independent Sales Organizations (ISOs).
Two distinct customer groups: low-income individual consumers qualifying for the federal Lifeline program (approximately 7,000,000 current Lifeline users nationally, with approximately 34,000,000 eligible, per Universal Service Administrative Company data cited in the filing), and business customers purchasing hosted communications and network services through Apeiron Systems.
Primarily United States. Apeiron distributes services nationally. Apeiron's office is located in Johnstown, Pennsylvania (lease commencing September 1, 2022, expiring August 31, 2030).
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