Spectrum Global Solutions (OTCQB: SGSI), a leading single-source provider of next-generation communications network infrastructure and maintenance solutions, this morning reported financial results for the fiscal period ended June 30, 2019. Highlights provided in the update, among others, include the company’s planned acquisition of WaveTech GmbH. “The second quarter of 2019 was highlighted by our definitive agreement to acquire WaveTech GmbH, an innovative energy management technology company that we believe will allow us to better monetize our existing customer base throughout North America and the Caribbean,” Spectrum Global Solutions CEO Roger Ponder said in the news release. “This acquisition, which we expect to close sometime in the fourth quarter of this year, will be transformational for our platform, enabling us to more easily scale our operations to other tier-1 customers in key international markets.”
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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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