InterCloud Systems wins 5M-plus fiber contract

Shrewsbury-based provider of network solutions and services InterCloud Systems Inc. said Tuesday it has been awarded a contract for a fiber build in California that could result in revenue of $5 million or more.Shrewsbury-based provider of network solutions and services InterCloud Systems Inc. said Tuesday it has been awarded a contract for a fiber build in California that could result in revenue of $5 million or more.

The company said it won the contract from a tier 1 service provider, with work expected to begin shortly.

“As we continue to develop a recurring revenue stream from our newly released products, our professional services division continues to secure large-scale contracts to upgrade and service the networks of tier 1 telecom service providers,” CEO Mark Munro said in a prepared statement. “Our sales organization has a solid pipeline of new business and the outlook for this fall remains very positive for additional large-scale opportunities.”