Spectrum Global Solutions Inc. SGSI Archives - Page 9 of 11

FridayFeb 15, 2019 10:52 am

Spectrum Global Solutions Inc.’s (SGSI) Upcoming Agreement of Merger to Provide Unique Growth Opportunities

On February 7, Spectrum Global Solutions announced its entry into a definitive agreement of merger with WaveTech Global Inc. Upon completion of the merger, WaveTech will become the majority-controlling shareholder of Spectrum Global Solutions Representatives of the two companies announced that the merger will provide unique growth opportunities and tremendous value for shareholders Spectrum Global Solutions Inc. (OTCQB: SGSI), a multi-national single-source provider of next-generation communications network professional services and software solutions to telecommunications and enterprise markets, recently announced its entry into a definitive agreement of merger with WaveTech Global Inc. Upon completion of the merger and acquisition, the consolidated…

MondayFeb 11, 2019 9:40 am

QualityStocksNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Utilizes Equity Investment to Reduce Outstanding Debt, Strengthen Balance Sheet

Spectrum Global Solutions Inc. (OTCQB: SGSI), a multi-national single-source provider of next-generation communications network professional services and software solutions to telecommunications and enterprise markets, this morning announced that it was able to utilize an equity investment received in connection with its previously announced WaveTech Global merger to satisfy the approximately $1.1 million debt owed to Libertas Funding LLC in connection with Spectrum’s acquisition of TNS. “Our ability to satisfy the Libertas debt within 30 calendar days saved the Company thousands of dollars and freed up additional cash that was being used for amortization payments,” Roger Ponder, CEO of Spectrum, stated…

ThursdayFeb 07, 2019 11:05 am

5G Revolution Promises Revenue Rewards for Telecomm Service Provider Spectrum Global Solutions Inc. (SGSI)

5G network services have been tested in the United States, with rollout anticipated by next year The 5G networks are expected to boost speeds another 2,000 percent beyond current 4G LTE standards Spectrum Global Solutions provides end-to-end network services for the telecommunications giants leading the 5G charge, as well as large “aggregators” SGSI anticipates that $150 billion to $200 billion will be spent on network deployment services alone “over the next couple of years” The world has heard the first shot heralding the coming mobile technology revolution that will sweep in 5G network speeds and a host of new Internet…

ThursdayFeb 07, 2019 9:39 am

QualityStocksNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Enters Definitive Agreement of Merger with WaveTech Global

Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions (OTCQB: SGSI) this morning announced its entry into a definitive agreement of merger with WaveTech Global Inc., a global next-generation technology platform company. WaveTech specializes in mobile network microservices, critical power management and efficiency, asset lifecycle extension, data-analytics, intellectual property development and implementation services. According to the update, the consolidated merged entity shall have an enterprise value of $130 million upon completion of the merger, effected through a sale and exchange of shares and cash, and acquisition of WaveTech and all of its assets and subsidiaries. In accordance with the…

WednesdayFeb 06, 2019 12:43 pm

QualityStocksNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Increasing Portfolio of Clients, Solutions through Acquisition

Spectrum Global Solutions (OTCQB: SGSI), a leading telecommunications engineering and infrastructure services provider, recently announced the acquisition of Telnet Solutions Inc. (TNS), a telecom service company. TNS offers design, installation and maintenance of structured cabling system solutions to the enterprise market. A recent article discussing the company reads, “The acquisition is expected to increase Spectrum Global’s portfolio of clients and solutions, company CEO Roger Ponder said in a news release. ‘We are very excited to bring this established, reputable and proven entity into our fold. Its focus on the enterprise market will drive higher margin, relationship-driven business to our Company,’…

ThursdayJan 31, 2019 10:43 am

Spectrum Global Solutions Inc. (SGSI) Announces Uplisting to OTCQB Venture Market

Spectrum Global Solutions sees trading on OTCQB as a necessary next step in its continued development Demand for increased network capabilities is increasing as global use of data continues to grow exponentially Spectrum Global is set to reach this increased demand primarily through its multiple subsidiaries with regional, national and global projects Spectrum Global Solutions Inc. (OTCQB: SGSI), a leading single-source provider of end-to-end, next-generation wireless and wireline networks, recently announced that its stock has been uplisted and approved for trading on the OTCQB Venture Marketplace. The company provides professional service solutions to the service provider and corporate enterprise markets.…

WednesdayJan 30, 2019 1:44 pm

QualityStocksNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Employs Strategy to Build Market Share, Leverage Organic Revenue and Margin Growth

Through its various subsidiaries, Spectrum Global Solutions (OTCQB: SGSI) provides services directly to carriers, aggregators, utilities, enterprise clients, project management organizations and original equipment manufacturers. The company is currently employing a carefully designed growth strategy that includes, in part, acquisitions. A recent article discussing the company reads, “The company’s growth strategy also aims to build market share and leverage organic revenue and margin growth. This involves focusing its sales team at new service provider targets, growing corporate margins and establishing new PMO and OEM partnerships. This strategy also aims to expand SGSI’s service footprint and open the door for new…

WednesdayJan 23, 2019 10:38 am

Spectrum Global Solutions Inc. (SGSI) Delivers Competitive Advantage in High-Growth Telecommunications Market as 5G Networks Ramp Up

Q3 revenue up 300 percent year-over-year, with an equally impressive 200 percent increase in net income Recent acquisition of Telnet Solutions Inc. brings new clients, capabilities and solutions to Spectrum Global portfolio Proven track record of selling and supporting Fortune 1,000 accounts and Tier 1, 2 and 3 carriers U.S. telecommunications industry expected to invest $157 billion in capital upgrades for new and existing networks by 2021 5G networks expected to roll out in 2019 Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions Inc. (OTCQB: SGSI) is targeting a massive market that analysts project will require an infusion of…

TuesdayJan 22, 2019 12:58 pm

QualityStocksNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Uplists to OTCQB Venture Market

Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions (OTC: SGSI) today announced that its common stock been approved to trade on the OTCQB Venture Marketplace. “The OTCQB is considered an 'established public market' by the SEC. To be eligible for OTCQB, companies must be current in their financial reporting, undergo an annual verification and management certification process. The OTCQB increases transparency, reporting standards, management certification and compliance requirements, and accordingly, many more broker dealers trade stocks on the OTCQB. This will hopefully result in greater liquidity and awareness for our company,” Spectrum Global Solutions CEO Roger Ponder stated…

WednesdayJan 16, 2019 11:44 am

Spectrum Global Solutions, Inc.’s (SGSI) Telecom Service Acquisition Expected to Drive Higher Margins

Spectrum Global Solutions recently announced the acquisition of Telnet Solutions, which increases the range of clients, capabilities and solutions in the company’s portfolio Company President Keith Hayter details anticipated growth this year, with 5G transition, internet of things opportunities and first responder networks among key drivers of growth As the telecommunications market continues expanding, Spectrum Global expects a growing number of clients to seek partnerships with a reliable, single-source provider Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions, Inc. (OTC: SGSI) recently announced the acquisition of Telnet Solutions Inc. (TNS), a telecom service company that offers design, installation…

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