InterCloud Awarded Up to $7M in New Professional Services Contracts

InterCloud Systems (Nasdaq: ICLD announced today that its Professional Services Group has signed multiple new contracts. InterCloud expects these contracts to generate between $3.5 million and $7.0 million in revenue in 2014, based on certain milestone completions. The new contract awards include a contract with a wireless original equipment manufacturer (OEM) to manage 4G/LTE wireless network upgrades and network expansions. InterCloud will also provide maintenance services as part of the contract. Under the terms of the second contract award, InterCloud will provide professional services for network engineering, project management and other senior technical classifications required to support a major carrier's network expansions. href="http://www.benzinga.com/pressreleases/14/01/g4191034/intercloud-awarded-up-to-7-million-in-new-professional-services-contrac">See full press release