- Spectrum
Global Solutions specializes in telecommunications via its subsidiaries
- The
company engineers, upgrades, installs and maintains next-generation
telecommunication networks
- Its
growth strategy includes acquisitions, increasing market share and
leveraging organic revenue and margin growth
Spectrum Global Solutions, Inc. (OTC: SGSI) is the holding
company for next generation technology companies that specialize in
telecommunications throughout the United States, Canada and the Caribbean. Via
its subsidiaries, the company provides services directly to carriers,
aggregators, utilities, enterprise clients, project management organizations
(PMO) and original equipment manufacturers (OEM). Spectrum is one of the few
engineering and installation companies that can provide all services and bundle
products for telecommunications clients. Spectrum Global Solutions is
headquartered in Longwood, Florida.
The company is a foremost single-source provider of
end-to-end, next-generation wireless and wireline network infrastructure and
professional service solutions. Its subsidiaries include AW Solutions, Inc. –
Telecommunications & Engineering Services; AW Solutions Puerto Rico
-Telecommunications & Engineering Services; and Tropical Communications,
Inc. – Utilities. In addition, its subsidiaries include ADEX Corporation –
Professional Services & Solutions, and ADEX Puerto Rico, LLC – Professional
Services & Solutions.
Fundamentally, Spectrum Global Solutions engineers,
upgrades, installs and maintains next-generation telecommunications networks.
The company is professionally registered in 49 states, three U.S. territories
(Puerto Rico, U.S. Virgin Islands and Guam) and six Canadian Provinces. Its
services run the gamut from a single activity to multi-year, multi-region large
scale turnkey development contracts (http://ibn.fm/s7kd2).
A projected $157 billion in U.S. telecommunication carrier
capital expenditures is expected by 2021, and 5G next generation networks will
be a significant part of this expenditure (http://ibn.fm/VXCUE). Spectrum Global Solutions is
positioned to take advantage of this development because of its acquisitions
and its experience in completing greater than 150,000 project activities on
wireless, DAS, wireline and fiber networks throughout the U.S. The company’s
ADEX Corp. and ADEX Puerto Rico LLC acquisitions have set Spectrum on course to
benefit from the ongoing rollout of 5G services during the coming years (http://ibn.fm/wmMRA). Information
Age (http://ibn.fm/OoYa6)
notes that, “Not only does 5G promise to boost efficiency and unleash the potential
of automation, but it will also enable us to explore developing technologies
such as virtual reality (VR) and augmented reality (AR).”
A proven market operator in a high-growth telecom market
segment, Spectrum Global Solutions’ growth strategy includes strategic and
tactical acquisitions. Its criteria for acquisitions focus on companies with
synergistic strategic value, a history of profitability and operations that are
accretive to earnings and growth. Criteria also includes companies with strong
management/retention, long-term customer relationships and sufficient size to
add scale (http://ibn.fm/nfbOK).
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 services, as well as
maximizing cross-selling opportunities by taking advantage of its operating
subsidiaries’ clients, services and relationships.
Spectrum Global Solutions, with its experienced management
team, has the initiatives in place to foster shareholder growth. With client
re-engagements at more than 98 percent, the company’s track record speaks for
itself. Spectrum Global Solutions is ready to facilitate 5G growth as it
continues to provide premier telecommunications engineering and infrastructure
services to its diverse clientele.
For more information, visit the company’s website at www.SpectrumGlobalSolutions.com
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Editor@QualityStocks.com
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