KORE's growth has been through acquisition. For an industry that is growing as fast as it is, the company's growth does not match. The 2G shutdown and the race to zero on data prices, have hurt the revenue growth.
There is definitely an old boys network feel at KORE. The employees that stayed on after the last couple acquisitions are not valued or respected as much as legacy KORE employees. This has caused a huge culture clash and led to poor employee morale. There have been many, many, many broken promises. Favorites are never held accountable for their lack of performance and people are put in positions they have no business being in.
All decisions by leadership are made with the thought of maximizing their shares as quickly as possible, with little thought to the long term. Sales is pushed to chase deals to get revenue, rather than having any sort of strategic approach to the type of customers the company would want to have, and the products that the company should sell. Just about every deal is a one off, leading to no standardization of products or pricing. Sales leadership manages on a culture of fear. There is a reason that sales leadership has the particular image it has in the industry.
