WednesdayOct 09, 2019 1:22 pm

QualityStocksNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Positioned to Capitalize on Upcoming 5G Rollout

Spectrum Global Solutions (OTCQB: SGSI), a leading single-source provider of next-generation communications network infrastructure and maintenance solutions, is poised to profit from the upcoming rollout of 5G anticipated to take place in 2019.  An article discussing the company reads, “The rollout of rapid 5G networks in 2019 is expected to further boost the delivery of services to clients around the nation and around the world. 5G networks will have increased compatibility and higher network data transmission speeds, greatly improving on wireless network service delivery and solutions. Greater data speeds and better wireless systems are expected to be a big boost…

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ThursdayOct 03, 2019 11:27 am

QualityStocksNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Secures $3.3 Million in New Contract Awards

Spectrum Global Solutions (OTCQB: SGSI), a leading single-source provider of next-generation communications network infrastructure and maintenance solutions, this morning announced its recent receipt of $3.3 million in new contract awards across all operating subsidiaries. According to the update, the contract awards are comprised of new work orders from both new and existing clients, with the work orders predominantly for infrastructure projects as carriers upgrade their networks in advance of the rollout of 5G in the United States. “We continue to see strong demand for our professional services, as more and more clients realize the need for additional professional and technical…

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TuesdayOct 01, 2019 10:06 am

QualityStocksNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Subsidiary Secures Key Contract with Tier-1 Telecommunications Infrastructure Aggregator

Spectrum Global Solutions (OTCQB: SGSI) this morning announced that its AW Solutions subsidiary has obtained a key 2-year nationwide engineering services contract with a tier-1 U.S. based telecommunications infrastructure aggregator in support of 5G network deployment efforts. In accordance with the contract, AW Solutions will provide outside plant engineering services to support 5G infrastructure deployment. “We look forward to working with tier-1 carriers to deploy 5G networks nationwide, enabling them to deliver a better quality of service to an increasingly data-hungry consumer base,” Spectrum Global Solutions CEO Roger Ponder stated in the news release. “I believe there remains a significant…

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FridaySep 27, 2019 12:23 pm

Spectrum Global Solutions Inc. (SGSI) Secures Key Tier 1 Contract Renewal Amid Ongoing 5G Services Buildup

The telecommunications industry is preparing for its next evolutionary stage as carriers and their customers begin anticipating 5G data speed enhancements for mobile technology Spectrum Global Solutions is an end-to-end provider of telecommunications infrastructure solutions helping to position businesses for the 5G network revolution The company recently announced that it has renewed a key three-year contract with a tier 1 carrier for outside plant labor, construction and maintenance services Spectrum Global also noted in August that it had been awarded $3.6 million in new contracts with new and existing clients, dealing primarily with 5G network establishment Telecommunications network service provider…

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ThursdaySep 26, 2019 11:56 am

QualityStocksNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Cuts More Than $800 Thousand in Convertible Debt

Spectrum Global Solutions (OTCQB: SGSI), a leading single-source provider of next-generation communications network infrastructure and maintenance solutions, this morning announced that it has forced the conversion of over $800,000 in convertible seller notes that were issued in 2018 into common stock. The move reduces the company’s debt and accrued interest and boosts its shareholder net equity as it prepares for a NASDAQ uplisting application. The common stock, which was issued under Rule 144, is subject to relevant holding periods before it may be sold. “These seller notes have had a toxic impact on our stock price in recent months as…

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WednesdaySep 18, 2019 11:33 am

Spectrum Global Solutions Inc. (SGSI) Prepared for Next Generation 5G Communication Services

Spectrum Global Solutions Inc. is a solution and service provider for carriers, aggregators, utilities and enterprise clients The company provides both wireless and wireline services and solutions, with offerings ranging from small and local to extensive and large-scale SGSI is well-positioned to capitalize on the 5G rollout planned for 2019 and beyond Spectrum Global Solutions Inc. (OTCQB: SGSI) provides excellent solutions for next-generation wireless networks through its professional services and installation capabilities for service providers and corporate enterprise markets. Part of the mission of Spectrum Global Solutions is to be the premier world-class industry leader providing the best services possible…

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FridaySep 13, 2019 11:26 am

Spectrum Global Solutions Inc. (SGSI) Delivering Services for Next-Stage 5G Network Development

Spectrum Global Solutions delivers an array of end-to-end telecommunications professional services, infrastructure and maintenance solutions for the communications network market, serving clients large and small, including recognized brands such as Ericsson, AT&T and Verizon The in-process development of networks for their evolution to 5G speeds and efficiencies heralds a potential $3.48 trillion market (by 2026) in which Spectrum Global intends to operate Spectrum Global recently announced that it has been awarded $3.6 million in new contracts, the majority of which pertain to 5G network establishment As 5G networks develop, they will provide growing opportunities for IoT and AI-enabled products to…

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WednesdaySep 11, 2019 2:56 pm

QualityStocksNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Sees Strong Revenue Growth During Q2 2019

Spectrum Global Solutions (OTCQB: SGSI), a leading single-source provider of next-generation communications network infrastructure and maintenance solutions, announced that it obtained $3.7 million in new contracts during the second quarter of 2019 (http://ibn.fm/HagGQ). An article discussing the company reads, “During the second quarter of 2019, Spectrum witnessed strong revenue growth. Its total revenues reached $19.7 million, marking an increase of 29% on a quarterly basis. Gross profit during the second quarter was $1.2 million, or 13.9% of revenues. . . . The company brought down general and administrative expenses for Q2 2019 to $1 million (a reduction of 38% on an…

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WednesdaySep 04, 2019 12:09 pm

QualityStocksNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Secures Key Contract Renewal with U.S. Tier-1 Carrier

Spectrum Global Solutions (OTCQB: SGSI), a leading single-source provider of next-generation communications network infrastructure and maintenance solutions, this morning announced that it has secured a key 3-year nationwide contract renewal with a tier-1 U.S. based telecommunications company. According to the update, the contract renewal was awarded through the company’s ADEX subsidiary and is for outside plant labor, construction and maintenance services. A comparable contract with the same tier-1 telecommunications company in the prior 3-year period generated revenue in excess of $17.5 million. “We are pleased to announce this key contract win with a tier-1 U.S. based carrier,” Roger Ponder, CEO…

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WednesdayAug 28, 2019 2:10 pm

QualityStocksNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Subsidiaries Prepared for 5G Rollout

Spectrum Global Solutions (OTCQB: SGSI), together with its subsidiaries, provides end-to-end market offerings for communications networks. SGSI is well positioned to help shape the future as the rollout of 5G-speed networks approaches. An article discussing the company reads, “Spectrum Global is a holding company operating as an end-to-end telecommunications network service provider whose subsidiaries play key roles in the design, construction and maintenance of both wireless and wireline projects for carriers, aggregators, enterprise services, project management offices (PMOs) and original equipment manufacturers (OEMs) of all sizes, including well-known names such as Ericsson, Nokia, Sprint, AT&T and Verizon. . . .…

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