WidePoint outlines $45 million SaaS contract with major US mobile carrier

Bitget2026/10/19 12:09

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WidePoint expects its five-year, approximately $45 million SaaS contract with a major U.S. mobile carrier to launch by year-end.
The contract carries an approximately 70% gross margin profile, covering 2 million to 2.5 million government telecom units.
A 10-year, $3.1 billion Department of Homeland Security cellular wireless managed services contract remains pending reevaluation.
Second-quarter 2026 revenue totaled $38 million, with adjusted EBITDA of $635,200.
Contract backlog stood at $219 million; cash totaled $10 million with no debt as of June 30, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WidePoint Corporation published the original content used to generate this news brief on October 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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WidePoint outlines $45 million SaaS contract with major US mobile carrier

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