PRINCIPAL CLIENTS

6 Months Ended

Jun. 30, 2017

The following table represents revenue concentration of our principal clients:



	Three Months Ended June 30,								Six Months Ended June 30,
	2017				2016				2017				2016
	Revenue		Percentage		Revenue		Percentage		Revenue		Percentage		Revenue		Percentage
T-Mobile	$	23,999	32.4	%	$	17,045	23.1	%	$	46,053	30.4	%	$	33,062	21.8	%
Sprint	$	9,516	12.9	%	$	11,257	15.3	%	$	19,771	13.0	%	$	22,129	14.6	%
AT&T	$	7,619	10.3	%	$	9,734	13.2	%	$	16,266	10.7	%	$	20,221	13.3	%

We enter into master service agreements (MSAs) that cover all of our work for each client. These MSAs are typically multi-year contracts that include auto-renewal provisions. They typically do not include contractual minimum volumes and are generally terminable by the customer or us with prior written notice.

To limit credit risk, management performs periodic credit analyses and maintains allowances for uncollectible accounts as deemed necessary. Under certain circumstances, management may require clients to pre-pay for services. As of June 30, 2017, management believes reserves are appropriate and does not believe that any significant credit risk exists.

We have entered into factoring agreements with financial institutions to sell certain of our accounts receivable under non-recourse agreements. These transactions are accounted for as a reduction in accounts receivable because the agreements transfer effective control over and risk related to the receivables to the buyers. We do not service any factored accounts after the factoring has occurred. We utilize factoring arrangements as part of our financing for working capital. The aggregate gross amount factored under these agreements was $20,106 and $20,577 for the three months ended June 30, 2017 and June 30, 2016, respectively.