Spectrum Global Solutions (OTCQB: SGSI), a leading
telecommunications engineering and infrastructure services provider, on Monday
announced that the company has received new contract awards worth more than
$3.7 million recently to support carrier network upgrades. “These work orders
from new and existing clients continue to show the accelerated growth predicted
as a result of national 5G implementations and on-going network upgrades that
has begun this year,” Spectrum Global Solutions CEO and Chairman Roger Ponder
stated in the news release. “Attention about 5G has been focused on the
publicly announced plans of major telecom companies to install millions ‘small
cells’ on electric utility poles, on public buildings and schools, on bus stop
shelters, in public parks and other public and private owned infrastructure.
All these ‘Small Cells’ will require new fiber connections to transmit the
ever-increasing data being consumed. These plans provide tremendous new
business opportunities in both engineering and installation services for our
company.”
To view the full press release, visit http://ibn.fm/wXdJ0
About Spectrum Global Solutions Inc.
Spectrum Global Solutions operates through its subsidiaries:
AW Solutions, ADEX Corp and TNS. The company is a leading provider of
telecommunications engineering and infrastructure services across the United
States, Canada, Puerto Rico, Guam and the Caribbean. For more information,
visit the company’s website at www.SpectrumGlobalSolutions.com.
NOTE TO INVESTORS: The latest news and updates
relating to SGSI are available in the company’s newsroom at http://ibn.fm/SGSI
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