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Thursday, August 03, 2017 9:55:26 AM
LONGWOOD, Fla., Aug. 03, 2017 (GLOBE NEWSWIRE) -- Mantra Venture Group, Ltd, (OTC:MVTG) (the “Company”), announces that its AW Solutions subsidiary, a single-source provider of end-to-end next-generation wireless and wireline network solutions, to the service provider (carrier) and corporate enterprise markets, has recently received over $590 thousand in a new contract awards. The customer orders are to provide antenna mount structural analysis and design, fiber network auditing, wireless site construction and small cell permitting services to tier 1 carriers in their deployment of technology upgrades for next generation cellular communication systems. The work has already commenced and the revenue will be realized in Q3 & Q4 of 2017.
Roger Ponder, CEO stated; "This is the pre-cursor engineering work for the pending technology enhancements to tier one carriers existing networks. We anticipate seeing more of this activity throughout the year and into 2018. This adds to our continuously building backlog of work and these new orders again confirms AW Solutions’ ability to meet the increasing demands of the enterprise and service provider markets."
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