Telecom Expense Management Featured Article

WidePoint Subsidiary Wins Telecom Expense Management Contract from TSA

Recently, TMCnet reported that an average Fortune 500 company spends an estimated $116 million on telecommunications and network expenses each year, but they can save a huge chunk of that using a telecom expense management solution.

Like the Fortune 500 companies, the need for telecom expense management is growing also across state and federal organizations.

WidePoint Corporation, a provider of cloud-based telecommunications life-cycle and trusted cybersecurity management, through its subsidiary iSYS, has just won a contract to provide mobile telecom expense management (TEM) services to the Transportation Security Administration (TSA).

The award, which is the second of four one-year option periods of the contract’s total five-year period, is valued approximately $11.6 million dollars over the coming 12 months, and brings the total contract value to approximately $33 million dollars if all options are exercised.

"TSA is at the forefront of federal government agencies implementing innovative mobile management solutions at the enterprise level," said Jin Kang, president of iSYS, in a statement. "iSYS has been providing mobile TEM services to TSA since 2006."

iSYS TEM solutions have witnessed up to 65 percent NET (News - Alert) savings on mobile budgets to numerous federal agencies. The company also provides telecom expense management services to other local and state government agencies, including Nevada, Utah, County of Riverside, California, the Los Angeles World Airports and Dublin, Ohio.

WidePoint enables organizations to deploy fully compliant IT services in accordance with government-mandated regulations and advanced system requirements.

"As federal, state and local government agencies continue to seek solutions for managing and optimizing their mobile capabilities and inventories, it is rewarding to see that our TEM solution continues to be the preferred choice of agencies seeking a secure, cost-effective solution," said Steve Komar, WidePoint CEO and chairman, in a statement.

 "We also appreciate that TSA continues to see the value of the TEM program when the future of many federal IT projects has been blurred by budgeting concerns,” Komar added. “iSYS delivers a substantial ROI to all of our government clients, enabling each agency to maximize budgets and mobile resources."

Edited by Rachel Ramsey