NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Announces Year-to-Date Receipt of Over $5.8M in New Contract Awards

February 21, 2019 11:04:11

Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions (OTCQB: SGSI) this morning announced its year-to-date receipt of over $5.8 million in new contract awards to support carrier network upgrades. “The new orders add to business obtained in 2018 that we have on deck for completion this year,” Spectrum Global CEO Roger Ponder stated in the news release. “We anticipate that the new contracts – paired with the unique services, solutions and technology brought into the business through our pending WaveTech merger – will result in greater value to Spectrum Global and the combined entity.” Spectrum Global’s previously-announced merger with WaveTech Global Inc. will create a consolidated entity valued at more than $130 million. Upon closing, Spectrum Global intends to file for a name change to WaveTech Global and, subject to approval by Nasdaq and FINRA, uplist to Nasdaq under the “WAVE” ticker symbol.

To view the full press release, visit http://nnw.fm/iX6zN

About Spectrum Global Solutions Inc.

Spectrum Global Solutions operates through its subsidiaries: AW Solutions, ADEX Corp and TNS. The company is a leading provider of telecommunications engineering and infrastructure services across the United States, Canada, Puerto Rico, Guam and Caribbean. For more information about the company and its technologies, visit the company’s website at www.SpectrumGlobalSolutions.com.

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com