WidePoint announces multi-year SaaS contract with telecommunications carrier

WidePoint (WYY) announces a multi-year Software as a Service, SaaS, contract with a major telecommunications carrier to deploy its FedRAMP Authorized ITMS Command Center Platform. This SaaS solution will manage and serve as the system of record for the expected 2 million to 2.5 million units across government telecom operations, transforming how federal, state, local, and education agencies oversee their telecommunications assets. WidePoint estimates the contract will generate revenues of $40-45 million over the initial three-year term of the contract, based on the expected number of managed units.