BOCA RATON, Fla.--(BUSINESS WIRE)--Juniper Group, Inc. (OTCBB: JUNP) announced today that its wholly owned telecommunications subsidiary has been awarded multiple major projects in and around the Philadelphia market. These projects could take 12 to 18 months to complete, and are reflective of the satisfaction in the work product begun on several of the sites in the Philadelphia market over the last few weeks.
It is expected that this new work will increase receivables in October to levels higher than those in the preceding months alone. With one Client expected to spend close to a billion dollars in pre-4G upgrades in the coming year, and others to follow suit, the Northeast corridor is rich with possibilities for Juniper’s growth.
Vlado P. Hreljanovic, President and CEO said, “We are extremely excited by the opportunities that have been afforded us. Our Management and Technical teams have shown that they are ready to meet and exceed our expectations, and we are very proud of them. We will continue to make customer satisfaction and safety our number one priority.”
Safe Harbor Statement:
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements.
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