Widepoint Corp. Secures $20M Government-Linked Telecom Deal

Widepoint Corp. (WYY) has released an update to notify the public and investors about an entry into a material definitive agreement.

WidePoint Corporation received a Purchase Order on January 24, 2024, from a commercial entity to provide managed telecom solutions to a US Government-end customer, with a potential value of up to $20 million if all options are exercised. The service contract spans five years, including a three-year base period and two one-year option periods, details of which will be included in the annual report on Form 10-K for 2023.

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