Parsippany, New Jersey, USA – December 21, 2020 – Wireless Telecom Group, Inc. (NYSE American: WTT),, (the “Company”) announced today the appointment of Jennifer Fritzsche to serve as an independent member of its Board of Directors. The Company’s Board of Directors approved a resolution to increase the number of board members from seven to eight.
Alan Bazaar, Chairman of the Board of Directors of Wireless Telecom Group, commented, “We are pleased to welcome Jennifer to our Board. Her unique knowledge and expertise in both the capital markets and in communications infrastructure, especially as it relates to 5G and wireless infrastructure, will be an excellent addition to our Board. We are excited about WTT’s future role in the 5G rollout and ongoing network densification and private network deployments. I look forward to working with Jennifer and the contributions she will make to the Company.”
Ms. Fritzsche currently serves as the Chief Financial Officer and a director of Canopy Spectrum, LLC. Prior to Canopy Spectrum, she spent 25 years as an Institutional Investor ranked equity research analyst at Wells Fargo Securities covering Telecommunications / Cable Services and Communications Infrastructure. Ms. Fritzsche currently serves as a Senior Fellow at Georgetown University McDonough School of Business and was recently appointed as a director at Dycom Industries, Inc. (NYSE: DY). She is the co-founder of the Wells Fargo Windy City Women’s Networking Group, a member of the Chicago Economics Club, and is on the Women’s Auxiliary Board of Misericordia Heart of Mercy. Ms. Fritzsche has a Bachelor of Arts from the College of the Holy Cross and Master of Business Administration, with honors, from Northeastern University.
Jennifer Fritzsche commented, “As a leader in 5G software and solutions for network densification, WTT is well positioned to benefit from the growth of private networks and other long-term secular trends currently underway within the communications industry. I look forward to working with the Company’s Board of Directors and management team to create long-term value for our shareholders.”