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High Wire Networks Inc. HWNI
(Total Views: 405)
Posted On: 11/21/2019 4:04:28 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Releases Q3 2019 Financial Results

Spectrum Global Solutions (OTCQB: SGSI), a leading single-source provider of next-generation communications network, technology, infrastructure and maintenance solutions, on Wednesday reported financial results for the third quarter ended September 30, 2019. Within the update, the company highlighted closing of the WaveTech GmbH acquisition, which will enable Spectrum to better monetize its existing customer base while expanding into new global markets through WaveTech’s current relationships. “The third quarter of 2019 was highlighted by our transformational acquisition of WaveTech, additionally marked by our continued aggregation of new contract wins in the race to deploy 5G networks nationwide,” Spectrum Global Solutions CEO Roger Ponder said in the news release. “In addition to the announcement of $6.9 million in new contract awards, we signed key master service agreements with tier-1 telecommunications firms and infrastructure aggregators to support their growing infrastructure investments.

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