$SGSI receives 1.9 mil $s in new orders, record stock volume
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Posted On: 05/01/2018 11:27:35 AM
Spectrum Global Solutions $SGSI Receives Over $1.9 Million in New Contract Awards
BY GlobeNewswire
— 9:55 AM ET 05/01/2018
LONGWOOD, Fla., May 01, 2018 (GLOBE NEWSWIRE) -- a single-source provider of end-to-end next-generation wireless and wireline network services and solutions to the service provider (carrier) and corporate enterprise markets, has received over $1,900,000 in new contract awards. The customer orders include the inspection and analysis of towers and subsequent repair of the structures to bring them into compliance, continued small cell, DAS and wireline deployment services. This work has commenced through our AW Solutions and ADEX subsidiaries, and the revenue will be realized in Q2 through Q3 of 2018.
Roger Ponder, CEO said, "The industry is seeing tremendous demand for professional services related to telecom infrastructure. Demand for services related to small cell densification, distributed antenna systems (DAS), and 5G wireless technology projects, continues to increase. Year over year, our operating entities are outpacing last year’s sales for the same period. As carrier and enterprise demand increases to support new technology and prepare structures for those deployments, we can anticipate strong sales growth within our Company for the foreseeable future."
operates through its subsidiaries AW Solutions, ADEX Corp and Mantra Energy Alternatives. The Company is a leading provider of telecommunications engineering and infrastructure services across the United States, Canada, Puerto Rico, Guam and Caribbean.
The Company’s subsidiary Mantra Energy Alternatives develops electrochemical technologies designed to make profitable the reducing of greenhouse gas emissions. For more information about the Company and its technologies visit the Company’s public filings at SEC.gov.
BY GlobeNewswire
— 9:55 AM ET 05/01/2018
LONGWOOD, Fla., May 01, 2018 (GLOBE NEWSWIRE) -- a single-source provider of end-to-end next-generation wireless and wireline network services and solutions to the service provider (carrier) and corporate enterprise markets, has received over $1,900,000 in new contract awards. The customer orders include the inspection and analysis of towers and subsequent repair of the structures to bring them into compliance, continued small cell, DAS and wireline deployment services. This work has commenced through our AW Solutions and ADEX subsidiaries, and the revenue will be realized in Q2 through Q3 of 2018.
Roger Ponder, CEO said, "The industry is seeing tremendous demand for professional services related to telecom infrastructure. Demand for services related to small cell densification, distributed antenna systems (DAS), and 5G wireless technology projects, continues to increase. Year over year, our operating entities are outpacing last year’s sales for the same period. As carrier and enterprise demand increases to support new technology and prepare structures for those deployments, we can anticipate strong sales growth within our Company for the foreseeable future."
operates through its subsidiaries AW Solutions, ADEX Corp and Mantra Energy Alternatives. The Company is a leading provider of telecommunications engineering and infrastructure services across the United States, Canada, Puerto Rico, Guam and Caribbean.
The Company’s subsidiary Mantra Energy Alternatives develops electrochemical technologies designed to make profitable the reducing of greenhouse gas emissions. For more information about the Company and its technologies visit the Company’s public filings at SEC.gov.
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