Spectrum Global Solutions Inc. SGSI Archives - Page 2 of 11

TuesdayJan 14, 2020 10:46 am

QualityStocksNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Secures Over $4.8 Million in New Contract Awards Across All Operating Subsidiaries

Spectrum Global Solutions (OTCQB: SGSI), a leading single source energy management technology and network services provider, today announced its recent receipt of more than $4.8 million in new contract awards across all operating subsidiaries. Per the update, the new contract awards are from both new and existing clients with work orders predominantly for infrastructure projects as carriers upgrade their networks for 5G wireless services throughout the United States and its territories. “We continue to see strong demand for our professional services as demonstrated by continued new orders,” Spectrum Global Solutions CEO Roger Ponder said in the news release. “In addition…

ThursdayDec 19, 2019 1:57 pm

QualityStocksNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Q3 2019 Financial Report Reveals Stronger Balance Sheet, Larger Portfolio

Spectrum Global Solutions (OTCQB: SGSI), a leading, single-source provider of next-generation communications network, technology, infrastructure and maintenance solutions, recently released its third-quarter financial report, which included a look at its growing portfolio and stronger balance sheet. An article discussing the company reads, “‘We expect to see encouraging growth through the remainder of the fourth quarter and into 2020, chiefly driven by growing investments in 5G networks across the United States by all major carriers,’ Spectrum Global CEO Roger Ponder stated in a company news release announcing the quarterly results (http://ibn.fm/9GUIk). . . . Gross profits during the third quarter rose…

ThursdayDec 12, 2019 3:29 pm

QualityStocksNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Acquisition Opens Door to New Markets

Spectrum Global Solutions (OTCQB: SGSI), a leading, single-source provider of next-generation communications network, technology, infrastructure and maintenance solutions, recently acquired global battery technology company WaveTech GmbH. An article discussing the company reads, “The acquisition has also opened the door to new markets for Spectrum’s core business, particularly in Europe, Asia and Africa, where the acquired entity maintains several key relationships. Spectrum expects to benefit from substantial economies of scale by capitalizing on the cross-selling opportunities now made possible. The company announced the acquisition and several other positive developments in its release of financial results for Q3 2019, including close to…

ThursdayDec 05, 2019 2:36 pm

QualityStocksNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Increases Opportunity Pipeline with New Contracts

Spectrum Global Solutions (OTCQB: SGSI), a leading single-source provider of next-generation communications network, technology, infrastructure and maintenance solutions, recently secured new contract awards totaling over $2.5 million from existing and new clients across all operating subsidiaries to its opportunity pipeline (http://ibn.fm/n4ACZ). An article discussing the company reads, “The company provides scalable, cost-effective and robust solutions for utilities, communication carriers, enterprise clientele, original equipment manufacturers and professional service companies. With an opportunity pipeline of $137 million before the latest contracts were signed, Spectrum Global Solutions has successfully executed projects both nationwide and internationally, and its experience encompasses national and international programs worth…

MondayDec 02, 2019 12:42 pm

Spectrum Global Solutions Inc. (SGSI) Quarterly Report Shows Stronger Balance Sheet, Boost from New Contracts and WaveTech Acquisition

Spectrum Global Solutions is an end-to-end market solutions provider for communications networks, providing and maintaining infrastructure for wireless and wired-in products The rush by major carriers to secure enhanced-speed 5G wireless network space is creating a boom in opportunity for infrastructure builders, and Spectrum Global is increasingly competitive in the industry Spectrum Global’s just-released financial results for the third quarter show the company’s portfolio growing with the addition of German energy system crystal tech developer WaveTech GmbH The addition of millions of dollars in new and renewed contracts, including tier 1 carriers, demonstrates the level of confidence and attention focused…

TuesdayNov 26, 2019 10:43 am

Spectrum Global Solutions Inc. (SGSI) Expands Range of 5G Services with Acquisition of Battery Technology Company

Spectrum Global Solutions reports third quarter 2019 financial results Closes acquisition of global battery technology company WaveTech GmbH Receives $6.9 million in new contract awards With the recent acquisition of WaveTech GmbH, Spectrum Global Solutions Inc. (OTCQB: SGSI) has strengthened its support capabilities for telecommunications companies building the new 5G infrastructure. The acquisition has also opened the door to new markets for Spectrum’s core business, particularly in Europe, Asia and Africa, where the acquired entity maintains several key relationships. Spectrum expects to benefit from substantial economies of scale by capitalizing on the cross-selling opportunities now made possible. The company announced…

ThursdayNov 21, 2019 9:37 am

QualityStocksNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Releases Q3 2019 Financial Results

Spectrum Global Solutions (OTCQB: SGSI), a leading single-source provider of next-generation communications network, technology, infrastructure and maintenance solutions, on Wednesday reported financial results for the third quarter ended September 30, 2019. Within the update, the company highlighted closing of the WaveTech GmbH acquisition, which will enable Spectrum to better monetize its existing customer base while expanding into new global markets through WaveTech’s current relationships. “The third quarter of 2019 was highlighted by our transformational acquisition of WaveTech, additionally marked by our continued aggregation of new contract wins in the race to deploy 5G networks nationwide,” Spectrum Global Solutions CEO Roger…

MondayNov 18, 2019 1:03 pm

QualityStocksNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Closes Acquisition of WaveTech GmbH

Spectrum Global Solutions, Inc. (OTCQB: SGSI), a leading single-source provider of next-generation communications network infrastructure and maintenance solutions, today announced the closing of the previously disclosed acquisition of WaveTech GmbH (“WT” or “WaveTech”). WaveTech is a German global technology company focused on next generation energy management and extension, data analytics and monitoring services extending the useful life of battery systems, which is currently working with a Fortune 1000 client base. “This transaction represents an exciting path forward for Spectrum, providing us with an incredible technology that we see the need for in our client’s battery back-up power supply systems each…

FridayNov 15, 2019 1:54 pm

Spectrum Global Solutions Inc. (SGSI)Adds $2.5 Million in New Contracts to $137 Million Opportunity Pipeline

Most of the new contracts are for network upgrades in preparation of 5G technology rollout in the U.S. Spectrum Global sees strong demand for its services nationally, expects same trend in Canada The company has a proven track record in selling and support Fortune 1,000 accounts and has worked on programs worth over $1.5 billion Spectrum Global Solutions Inc. (OTCQB: SGSI), a leading single-source provider of next-generation communications network infrastructure and maintenance solutions, recently added over $2.5 million in new contract awards from existing and new clients across all operating subsidiaries to its opportunity pipeline, according to a company news…

FridayNov 15, 2019 11:15 am

QualityStocksNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Set to Profit as 5G Rollout Nears

Spectrum Global Solutions (OTCQB: SGSI) is well positioned to capitalize on the impending rollout of 5G as it continues to build and service end-to-end communications networks. An article discussing the company reads, “The rollout of 5G networks is expected to create three million American jobs and add half a trillion dollars to U.S. GDP, according to global-management consultant Accenture. Spectrum has already been selected to play a part, based on its global track record of successfully executing more than 150,000 projects. Since commencing operations 34 years ago, the company has delivered cost-effective, scalable, robust solutions for communication carriers, utilities, enterprise…

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