Spectrum Global Solutions (OTCQB: SGSI), a leading
single-source provider of next-generation communications network infrastructure
and maintenance solutions, this morning reported financial results for the
fiscal period ended June 30, 2019. Highlights provided in the update, among
others, include the company’s planned acquisition of WaveTech GmbH. “The second
quarter of 2019 was highlighted by our definitive agreement to acquire WaveTech
GmbH, an innovative energy management technology company that we believe will
allow us to better monetize our existing customer base throughout North America
and the Caribbean,” Spectrum Global Solutions CEO Roger Ponder said in the news
release. “This acquisition, which we expect to close sometime in the fourth
quarter of this year, will be transformational for our platform, enabling us to
more easily scale our operations to other tier-1 customers in key international
markets.”
To view the full press release, visit http://ibn.fm/cC6RG
About Spectrum Global Solutions Inc.
Spectrum Global Solutions is a leading single-source
provider of next-generation communications network infrastructure and
maintenance solutions. Spectrum’s highly scalable platform model, proven out
through engagements with tier-1 network operators in the United States, Canada
and the Caribbean, uniquely allows for the bundling of disparate services with
a single provider, simplifying network deployment and maintenance with a
comprehensive, cost-competitive one-stop-shop solution. 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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