What Clover Wireless does

Reconext (operating under the Reconext brand since 2020 following the merger of Clover Wireless and Teleplan, both owned by Clover Technologies) delivers integrated electronics lifecycle services to enterprise customers including OEMs, mobile carriers, retailers, insurance providers, and large enterprise end-users. The company's service portfolio spans repair and refurbishment, trade-in and buyback program management, returns management and fulfillment, IT asset disposition (ITAD), and objective testing and grading. Services are delivered through 17+ owned facilities across the Americas (US and Mexico), Asia Pacific (China and Malaysia), and EMEA (UK, Poland, Czech Republic, Estonia, Netherlands), with millions of square feet of operational footprint handling tens of millions of devices annually.

The company operates a platform-plus-modules architecture built on 15+ proprietary automation platforms engineered in-house, including AI-driven optical receiving (Pegasus), AI-powered cosmetic grading (Optiline), AI-guided label removal (Atheris), automated cleaning (Hydra), parallel DDR/NAND memory testers (Phoenix, Maya, Bujang), ADISA-certified drive and rack erasure systems (Proteus, Rackwipe), and full-functional device testing systems (Revolution, Nest, Titan). The stack also includes Aurora, an AI operations assistant enabling natural-language workflow queries. These platforms are paired with the Continuous Custody Intelligence system providing real-time component-level lineage tracking and ESG impact reporting.

Reconext generates revenue through professional services fees for device processing, transaction-based margins on asset recovery and resale, and managed service contracts for trade-in and buyback programs. Pricing is custom and quote-based for enterprise clients; no published pricing tiers exist. The company sells through a direct enterprise field sales motion targeting the world's most recognized brands, with customer evidence spanning a global food delivery service (126,000+ tablet refurbishment), a global technology leader (four AI data center decommissionings, 2,500+ AI servers), and a European media company (3M+ subscriber set-top box refurbishment). The company is privately held under Clover Technologies ownership, with new leadership installed in 2025 to drive AI and sustainability growth.

Name

Clover Wireless

Legal name

Reconext

Website

https://cloverwireless.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

251–500 employees

Short description

Reconext (formerly Clover Wireless) provides integrated electronics lifecycle services including repair, refurbishment, trade-in, returns management, and ITAD to OEMs, carriers, retailers, and enterprise customers globally, using 15+ proprietary AI-enabled automation platforms across 17+ facilities in the Americas, EMEA, and Asia Pacific.

Ownership category

akta.pro rank

Headquarters

HQ city

Hoffman Estates

HQ country

United States

HQ region

North America

Offices17 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Lifecycle Services: Comprehensive B2B services spanning the full device lifecycle including repair, refurbishment, testing, grading, trade-in/buyback programs, returns management, fulfillment, and ITAD. Revenue is generated through service fees charged to enterprise clients for device processing, value recovery, and logistics. Services can be purchased individually or as end-to-end programs.
2. Asset Recovery & Resale: Maximizing sales value of used devices through global resale channels while protecting client data and IP. Revenue generated through commissions or margins on device resale, with device enhancement services adding value before remarketing.
3. Trade-in & Buyback Programs: Turn-key omni-channel solutions for consumer trade-in and device buyback programs that drive new device sales. Programs captivate customers and supercharge sales for OEM and retail partners.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Clover Wireless provides aftermarket device lifecycle services for wireless carriers, OEMs, retailers, insurers, and enterprise customers, including repair, refurbishment, trade-in/buyback, returns management, IT asset disposition, and device testing & grading. The company backs these services with 15+ proprietary automation platforms that handle diagnostics, parts, grading, and chain-of-custody workflows across global facilities.

Product overview

Reconext (formerly Clover Wireless) offers a platform-plus-modules architecture combining proprietary testing technology platforms with comprehensive lifecycle services. The core offering consists of 15 proprietary technology platforms (Pegasus, Atheris, Hydra, Optiline, Proteus, Rackwipe, Phoenix, Maya, Bujang, Revolution, Nest, Titan, ICT Tester, The PSUT, RCU Tester) that automate device receiving, cleaning, grading, testing, and data erasure. These platforms are complemented by five lifecycle services: Repair & Refurbishment, Trade-in & Buyback, Returns Management & Fulfillment, ITAD Services, and Testing & Grading. The company also offers Aurora, an AI operations assistant for operational query handling. The platforms are engineered in-house for specific device types and workflows, enabling consistent, scalable processing across consumer electronics, enterprise network equipment, customer premises equipment, IoT devices, and data center infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Device Repair Services Multi-vendor repair services for mobile devices and consumer electronics, restoring devices to working condition for warranty, out-of-warranty, and insurance claim programs. Targeted at wireless carriers, OEMs, retailers, insurers, and enterprise clients.
• Device Refurbishment End-to-end device refurbishment services that restore returned or end-of-lease devices to resale-ready condition, including cosmetic grading, functional testing, and component replacement, for carriers, OEMs, retailers, and resellers.
• Trade-In and Buyback Programs Operated trade-in and buyback programs that process customer device returns, determine value, and route devices into resale, refurbishment, or recycling streams, designed for retailers, carriers, insurers, and OEMs.
• Returns Management Reverse logistics and returns management services that intake, inspect, grade, and route returned devices from retailers and carriers through disposition pathways with chain-of-custody tracking.
• IT Asset Disposition (ITAD) Enterprise IT asset disposition services that securely process end-of-life corporate devices with data sanitization, certificate of destruction, and asset recovery, designed for enterprise IT organizations and corporate device fleets.
• Testing and Grading Services Automated device testing and cosmetic grading services using proprietary platforms to assign consistent condition grades that determine downstream resale, refurbishment, or recycling routing.

Quantifiable outcome

• 4X production output improvement for tablet refurbishment programs
• +6 more outcomes

Named customers3 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature15 records

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Ingram Micro Lifecycle: Ingram Micro Lifecycle provides ITAD, mobile device lifecycle, and reverse logistics services to enterprise and carrier customers globally - directly overlapping with Reconext's repair, refurbishment, and ITAD offerings across similar OEM and carrier buyers.
• HYLA Mobile: HYLA Mobile (formerly eRecycling Corp.) is one of the largest dedicated mobile device trade-in, buyback, and refurbishment processors - competing head-to-head with Reconext's Mobile vertical across the same carrier and OEM customer set.
• Cascade Asset Trading: Cascade Asset Trading provides ITAD and enterprise asset recovery, including data-bearing device processing and refurbishment for enterprise and data center clients - directly comparable to Reconext's ITAD and refurbishment services.
• ITRenew: ITRenew specializes in hyperscale data center ITAD, including server and storage redeployment - directly comparable to Reconext's Data Center Decommissioning vertical and the Rackwipe rack-level erasure capability.
• Phonecheck: Phonecheck operates a mobile device diagnostics, certification, and trade-in platform used by carriers, retailers, and OEMs - closely aligned with Reconext's testing and grading capabilities for smartphones and connected devices.
• Apto Solutions: Apto Solutions offers carrier-grade mobile device repair, refurbishment, trade-in, and reverse logistics to OEMs and carriers - a directly comparable platform to Reconext's Mobile and Consumer Electronics service lines.
• PCS Wireless: PCS Wireless provides mobile device buyback, trade-in, refurbishment, and resale for carriers and OEMs - closely matching Reconext's Mobile lifecycle value proposition across trade-in, repair, and resale.

Broad incumbents

• Sims Lifecycle Services: Sims Limited's Lifecycle Services division is a global ITAD and electronics recovery provider serving enterprise and data center customers - a broader incumbent addressing adjacent ITAD and circular-services needs versus Reconext's vertically integrated platform.
• Iron Mountain: Iron Mountain is a large incumbent that owns an ITAD and data destruction business serving enterprise data centers; Reconext's circular-services focus is more specialized, but Iron Mountain competes in the secure ITAD vertical Reconext addresses with Rackwipe and Proteus.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/reconext
• LinkedInlinkedin.com/company/reconext

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Clover Wireless