KORE Group Holdings Earns Spot on the Prestigious Russell Microcap® Index

KORE Group Holdings Earns Spot on the Prestigious Russell Microcap® Index



On July 3, 2025, KORE Group Holdings, Inc. (NYSE: KORE), a leading provider in the Internet of Things (IoT) space, proudly announced its addition to the Russell Microcap® Index. This inclusion, effective from June 30, reflects KORE's recognized growth in the IoT industry and highlights its strategic initiatives aimed at enhancing shareholder value.

Recognition in the IoT Landscape


KORE’s Chief Financial Officer, Anthony Bellomo, expressed his enthusiasm regarding this acknowledgment: "We are pleased to be included in the Russell Microcap® Index, which we view as a meaningful acknowledgment of the progress we are making." This statement underscores KORE's ongoing commitment to driving innovative solutions in the IoT space.

The Russell Microcap® Index, known for its representation of smaller cap U.S. companies, is widely recognized among institutional investors and serves as a benchmark for nearly $10.6 trillion in assets. Being part of this index not only validates KORE's operational achievements but also enhances its visibility among investors seeking quality mid- to small-cap stocks.

Elevating Operational Goals


The inclusion in the index comes as KORE sets ambitious targets for profitable growth and operational efficiency. Bellomo emphasized that this milestone highlights their commitment to executing a robust value creation strategy. He remarked that as they keep focusing on strategic innovation, KORE is dedicated to delivering long-term value for its shareholders.

In the competitive landscape of IoT, KORE's capabilities include providing reliable connectivity solutions, comprehensive analytics, and innovative business solutions tailored to various industries. This distinct approach has paved the way for KORE's success, allowing it to deepen its influence in the market.

Understanding the Russell Indexes


The Russell indexes are managed by FTSE Russell and are renowned for their strict adherence to market capitalization rankings and investment styles. With annual reconstitution occurring in late June, the indexes capture the largest U.S. stocks overall.

To qualify for the Russell Microcap® Index, companies must rank among the 4,000 largest U.S. stocks, subsequently classified by total market capitalization. This methodical classification ensures that only the most promising companies gain access to investor capital via the Russell benchmarks.

KORE's membership in this index is expected to facilitate better market access for its stock, potentially attracting more institutional investments looking for growth-oriented firms.

About KORE Group Holdings


KORE is recognized as a pioneering entity in the IoT segment, focusing on simplifying complex IoT deployments for organizations worldwide. Their diverse portfolio comprises mission-critical IoT services aimed at enhancing operational efficiency and overall business outcomes for clients across various sectors.

By working diligently to streamline IoT implementations, KORE empowers its clients to navigate the complexities associated with integrating technology into their business models effectively. This simplified approach has solidified its standing as a trusted advisor and leader in the IoT arena.

Looking Ahead


As KORE continues to build upon its foundation within the IoT ecosystem, it remains steadfast in its trajectory toward innovation and growth. This inclusion in the Russell Microcap® Index marks a new chapter for the company as it embarks on new challenges, seeks to deliver cutting-edge solutions, and ultimately aims to create lasting value for stakeholders. The future looks bright for KORE, and its strategic focus is poised to set a precedent in the fast-evolving IoT sector.

For more detailed information about KORE Group Holdings and its offerings, please visit KORE Wireless.

Topics Business Technology)

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