Spectrum Global Solutions (OTCQB: SGSI) today provided an update to its shareholders from Mark Porter, the company’s newly appointed CEO. In the update, Porter shared the company’s vision, strategy and exciting future Spectrum believes will create greater shareholder value over the long term. “High Wire Networks is a company that I joined just after inception over 20 years ago and have guided that company’s growth, twice earning a spot on Inc.’s ‘Fastest Growing Private Companies’ list including #134 in 2006, the last year of the Inc. 500. More recently, from 2014 to 2020 we’ve experienced 5x growth, slowed only by the pandemic in 2020, and accelerating again as we see the light at the end of the tunnel. The merger with Spectrum allows us to take advantage of the synergies between the companies and the opportunities that come with being a public company,” Porter stated in the update. “Spectrum has over 30 years of expertise in delivering services with a special emphasis in the service provider sector. The combination of High Wire and Spectrum provides our customers with a broad range of additional infrastructure and engineering solutions. The combination of our entities is expected to provide solid revenue growth, a national and international footprint, and a comprehensive suite of services with an emphasis on revenue profiles that are recurring or programmatic and have scale.”
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About Spectrum Global Solutions Inc.
Spectrum is a leading provider of telecommunications engineering and infrastructure services across the United States, Canada, Puerto Rico and the Caribbean. For more information about Spectrum and its technologies, visit the company’s public filings at www.SEC.gov or its website at www.SpectrumGlobalSolutions.com.
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