- Spectrum
Global Solutions is a full-service engineering, construction,
installation, maintenance and professional services firm
- The
company engineers, upgrades, installs and maintains telecommunication
networks and infrastructure
- Spectrum
recently reduced its debt and strengthened its balance sheet
Spectrum Global Solutions Inc. (OTCQB: SGSI) is a single-source
provider of end-to-end, next-generation wireless and wireline network
infrastructure and professional service solutions. The company provides these
solutions to carriers, aggregators, utilities, enterprises, project management
organizations (“PMOs”) and original equipment manufacturers (“OEMs”) through
diverse subsidiaries. Spectrum Global Solutions is headquartered in Longwood,
Florida. The company recently announced that an equity investment by WaveTech
Global has allowed the company to reduce an outstanding debt incurred through a
previous acquisition (http://ibn.fm/lRn61).
The company has completed manifold project activities on
wireless, DAS, wireline and fiber networks throughout the U.S., employing
licensed professional engineers, project managers, technicians and general
contractors (http://ibn.fm/QSRwQ).
It is one of the few nationwide, full-service engineering, construction,
installation, maintenance and professional services firms.
Spectrum Global Solutions provides its solutions to service
provider (carrier) and corporate enterprise markets throughout the U.S.,
Canada, Puerto Rico, Guam and the Caribbean. The company provides complete
outsourced services and solutions for the distribution and maintenance of next
generation and legacy wireless and wireline telecommunication networks and
infrastructure. Spectrum engineers, upgrades, installs and supports these
networks.
Its subsidiaries include ADEX Corporation and ADEX Puerto
Rico LLC, which provide professional services and solutions. Subsidiaries also
include AW Solutions Inc. and AW Solutions Puerto Rico, which provide
telecommunications and engineering services. Furthermore, subsidiaries include
TNS Inc. (telecommunications structured cabling) and Tropical Communications
Inc. (utilities) (http://ibn.fm/GmJfA).
Via these subsidiaries, Spectrum’s services range in scope from a single
activity to multi-year, multi-region large scale turnkey development
contracts (http://ibn.fm/P6nHD).
Spectrum Global Solutions is professionally registered in 49
states, three U.S. territories (Puerto Rico, U.S. Virgin Islands and Guam) and
six Canadian provinces. In addition, it has worldwide experience in Asia and
Central and South America (http://ibn.fm/R1LJf).
The company has a proven record of accomplishment with top-tier Fortune 1,000
companies globally.
Spectrum Global Solutions has a tactical acquisition
strategy that is focused on organic market opportunities, which provide the
potential to extend provider targets, grow margins, cultivate new industry
partnerships, expand service footprints and use subsidiary and customers bases
to execute coordinated cross-selling initiatives (http://ibn.fm/Nv0eb).
Fundamentally, Spectrum pursues near-term synergistic acquisition opportunities
that can foster growth.
Recently, Spectrum Global Solutions announced that it was
able to use an equity investment received in association with the earlier
reported merger with WaveTech Global of roughly $1.1 million to satisfy debt
owed to Libertas Funding LLC, which was incurred in connection with Spectrum’s
acquisition of TNS. WaveTech Global is an international next generation energy
and network monitoring services management company. In a news release, Roger
Ponder, chief executive officer of Spectrum Global Solutions, stated, “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.”
Serving customers for 34 years and with 150,000 projects
completed to date, Spectrum Global Solutions continues to advance next
generation telecommunications technology. Its focus on providing comprehensive
services encompassing all facets of fiber networks and infrastructure make it a
compelling investment choice. The company remains centered on its vision of
becoming the world-class industry leader by which all others are measured.
For more information, visit the company’s website at www.SpectrumGlobalSolutions.com
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