WidePoint's Subsidiary IT Authorities Awarded New $2.7M IT Managed Services Provider Contract By A National Sports Marketing, Media & Technology Company, Which Is An Expansion From A Successful Pilot Program
Portfolio Pulse from Happy Mohamed
WidePoint Corporation's subsidiary, IT Authorities, has been awarded a three-year IT managed services contract worth $2.7 million by a national Sports Marketing, Media & Technology company. This contract is an expansion from a successful pilot program. IT Authorities will provide IT-as-a-Service Network & Infrastructure Monitoring and management, with 24x7x365 help desk support.
August 07, 2023 | 1:06 pm
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POSITIVE IMPACT
WidePoint Corporation's subsidiary, IT Authorities, has secured a $2.7 million contract, which could potentially increase the company's revenues and enhance its market position.
The new contract secured by IT Authorities, a subsidiary of WidePoint Corporation, is likely to have a positive impact on the company's revenues in the short term. This could also enhance the company's reputation in the IT managed services sector, potentially attracting more clients and further contracts. Therefore, this news is likely to have a positive impact on WidePoint's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100