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FTNW

FTE Networks

$20.25

-1.62 (-7.41%)

16:32
06/19/18
06/19
16:32
06/19/18
16:32

FTE Networks awarded new multi-year service contract

FTE Networks announced that the company's Infrastructure Segment has been awarded a contract expanding its Inside Plant line of business footprint in five markets. FTE was awarded the contract by a Fortune 100 global telecommunications company due to FTE's consistent high-quality work performance. The commercial-based projects will deliver critical state-of-the-art customer driven infrastructure services. Under the terms of the Master Service Agreement, FTE will manage five turf markets and perform EF&I services. The markets include the states of Kansas, Missouri, Arkansas, Oklahoma and Texas. The engagement is slated to begin in July and extend through the end of 2019.

  • 19

    Jun

FTNW FTE Networks
$20.25

-1.62 (-7.41%)

06/01/18
ROTH
06/01/18
INITIATION
Target $35
ROTH
Buy
FTE Networks initiated with a Buy at Roth Capital
Roth Capital analyst Suji Desilva started FTE Networks with a Buy rating and $35 price target, citing expectations for the company to increase its building-on-network count and recurring revenue base across key end markets.

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