FCC alleges Lifeline rule violations at KonaTel's 51%-owned IM Telecom unit

KonaTel, Inc.

On July 27, 2026, IM Telecom (51% owned by KonaTel) received FCC notice alleging Lifeline program rule violations.
IM Telecom denies violations, will respond to FCC; KonaTel believes operations comply with FCC's Intermountain Microwave Test.
KonaTel receives $16,500 monthly distributions from IM Telecom, expected to decline ~12% monthly over 1-2 years.
Company shifting focus to Hosted Services via Apeiron Systems due to higher margins and lower customer churn than Lifeline.

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