Spectrum Global Solutions Inc. SGSI Archives - Page 6 of 11

TuesdayJul 23, 2019 11:48 am

Spectrum Global Solutions Inc. (SGSI) Evolving with Acquisition of German Energy Infrastructure Tech Company

Spectrum Global Solutions, a U.S.-based end-to-end telecom network tech provider, is preparing to grow into international markets with its acquisition of German energy infrastructure technology company WaveTech GmbH WaveTech GmbH developed a patented technology that protects and enhances the effectiveness of energy infrastructure by stimulating the growth of desirable crystals and preventing unwanted crystals SGSI has positioned itself to serve clients, including recognized names such as Ericsson, Nokia, Sprint, AT&T and Verizon, as they prepare to adopt next-generation, higher-speed 5G network technology SGSI’s first quarter 2019 report indicated that the company achieved positive income from operations for the first time,…

ThursdayJul 18, 2019 11:54 am

Spectrum Global Solutions Inc. (SGSI) Positioned to Lead US 5G Network Development, Maintenance

The telecommunications industry is anticipating an evolutionary step in its development as carriers prepare to roll out higher speed 5G networks in the coming years Spectrum Global Solutions is a U.S.-based end-to-end telecoms network tech provider whose clients include recognized names such as Ericsson, Nokia, Sprint, AT&T and Verizon The company recently reported significant year-over-year revenue growth that nearly tripled to $11.3 million SGSI’s first quarter report also noted that the company achieved its first quarter of positive income from operations, transforming a loss of $743,491 into a gain of $14,699 The pending introduction of higher-speed next-generation 5G networks has…

TuesdayJul 16, 2019 9:24 am

QualityStocksNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Enters Definitive Agreement with German Technology Company

Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions (OTCQB: SGSI) today announced its entry into a definitive agreement of acquisition with WaveTech GmbH (“WT GmbH”). German-based WT GmbH is a technology company with a platform that delivers efficient, dependable energy infrastructure for telecommunication networks, data centers and Fortune 1000 clients. Per the update, the agreement enables SGSI to combine directly with WT GmbH and utilize its suite of patented products including its patented approach, Crystal Control Technology, which lessens backup energy expenses and related operating costs to protect and operate critical energy assets. “We always believed that the…

WednesdayJul 10, 2019 11:25 am

QualityStocksNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Announces Decision to Terminate Definitive Share Purchase Agreement with WaveTech Global

Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions (OTCQB: SGSI) today announced its decision to terminate the company’s definitive share purchase agreement with WaveTech Global, Inc. According to the update, Spectrum’s decision is due to a failure of certain representations, warranties and conditions set forth in the agreement. “Attempting to be a disciplined acquirer and having already completed a number of successful acquisitions, with the failure of certain material representations and conditions we simply felt it was in the best interest of our shareholders to not move forward with the agreement at the present time,” Spectrum Global Solutions…

TuesdayJul 09, 2019 3:18 pm

QualityStocksNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Strategically Positioned to Meet Growing 5G Demand

Spectrum Global Solutions (OTCQB: SGSI), a leading provider of telecommunications engineering and infrastructure services and solutions, is preparing to meet the increasing demand for 5G. An article discussing the company reads, “The company is ready for a 5G-networks rollout this year and is strategically positioned to meet the demand. Over the next five to seven years, according to Deloitte, up to $150 billion in fiber investment will be required in the United States (http://ibn.fm/8V7Kj). Customers are demanding overall better services as they rely more heavily on technology. Coverage, enhanced capacity, private networks and rapid deployment of new apps are in…

FridayJul 05, 2019 10:50 am

Spectrum Global Solutions Inc. (SGSI) Primed to Benefit as 5G Deployments Create Jobs, Safer Cities and Organic Growth Opportunities

SGSI is focused on creating and maintaining excellent customer relationships, along with providing proven value, quality, safety and reliability The company maintains high standards as it seeks out additional acquisitions SGSI is strategically positioned to meet rising demand for 5G, which offers the potential of creating three million jobs, safer cities and stronger economies Described as a leading single-source provider of end-to-end, next-gen telecommunications networks, Spectrum Global Solutions Inc. (OTCQB: SGSI) services reach across the United States, Canada, Puerto Rico, Guam and the Caribbean. The company’s end-to end offerings include bundled products of full-service engineering, construction, installation, maintenance and professional…

ThursdayJun 20, 2019 3:12 pm

QualityStocksNewsBreaks – Spectrum Global Solutions Inc.’s (SGSI) Bundled Services Approach Drives Growth

Spectrum Global Solutions (OTCQB: SGSI), a leading provider of telecommunications engineering and infrastructure services and solutions, recently reported first quarter 2019 revenues of $11,335,732, demonstrating a sharp increase from $4,327,764 for the same period of the previous year (http://ibn.fm/6G25a). The company attributes the growth to its bundling of services and the lack of qualified services firms in the rising telecommunications market. An article discussing the company reads, “The combined gross profit reported in Q1 from subsidiaries acquired in April 2017, February 2018 and January 2019 was $2,511,567, marking a 22.2 percent gross profit increase. By comparison, in the first quarter…

WednesdayJun 12, 2019 10:42 am

Spectrum Global Solutions Inc.’s (SGSI) Bundled Services Strategy Provides Edge in Telecommunications Growth Market

SGSI sees a dynamic market opportunity in new 5G site projects A spike in installation demand combined with limited qualified services firms could result in a financial opportunity for SGSI The company reported positive income from operations during the first quarter of 2019 Spectrum Global Solutions Inc. (OTCQB: SGSI) says that its bundling of services and the low number of qualified services firms in the growing telecommunications market helped drive higher revenues and growth in its margin potential on projects in the first quarter of 2019 (http://ibn.fm/XUSUd). Notably, SGSI reported first quarter revenues of $11,335,732 for the three months ended March…

TuesdayJun 11, 2019 2:52 pm

QualityStocksNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Provides Comprehensive Telecommunications Suite, Enterprise Services

Spectrum Global Solutions (OTCQB: SGSI), a leading provider of telecommunications engineering and infrastructure services and solutions, provides services directly to carriers, aggregators, utilities, enterprise operations, project management organizations (“PMOs”) and original equipment manufacturer (“OEM”) clientele. An article discussing the company reads, “Spectrum Global Solutions’ services range in scope from a single activity to multiyear, multiregion large-scale turnkey development contracts. The company uses licensed professional engineers, project managers, technicians and general contractors. Through these experts, Spectrum has completed more than 150,000 project activities on wireless, DAS (Distributed Antenna System), wireline and fiber networks throughout the United States. . . . Spectrum…

WednesdayJun 05, 2019 2:47 pm

QualityStocksNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Achieves First Quarter Positive Income

Spectrum Global Solutions (OTCQB: SGSI), a leading telecommunications engineering and infrastructure services provider, recently reported its first quarter with positive income from operations. An article discussing SGSI’s Q1 2019 financial results reads, “For the three months ended March 31, 2019, SGSI reported revenues of $11,335,732, as compared to sales of $4,327,764 the first quarter of 2018. In 2019, the company showed its first quarterly income from continuing operations of $14,699, as compared to a loss from operations of $743,491 during the same period in 2018 (http://ibn.fm/Uuf5g). . . . ‘Revenue was just over $11.3 million, which reflects consistent growth in…

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