Spectrum Global Solutions (OTCQB: SGSI), a leading, single-source provider of next-generation communications network infrastructure and maintenance solutions, this morning announced that it recently secured more than $2.5 million in new contract awards from both new and existing clients across all operating subsidiaries. The work orders are primarily for infrastructure projects as carriers are upgrading their networks in preparation for the approaching 5G rollout in the United States. “We continue to see strong demand for our professional services,” Spectrum Global Solutions CEO Roger Ponder stated in the news release. “With our recent establishment of ADEX Canada, we anticipate the strong demand we see in the US translating to Canada, with growing opportunities to add clients to fulfill their network service needs. We also look to leverage our professional engineering licenses to bring our 5G network design knowledge to the marketplace. The rollout of 5G networks is expected to create 3 million American jobs and add half a trillion dollars to U.S. GDP, according to global-management consultant Accenture.”
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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.
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