Spectrum Global Solutions Inc. (SGSI) Primed to Benefit as 5G Deployments Create Jobs, Safer Cities and Organic Growth Opportunities

July 5, 2019 10:03:33
  • SGSI is focused on creating and maintaining excellent customer relationships, along with providing proven value, quality, safety and reliability
  • The company maintains high standards as it seeks out additional acquisitions
  • SGSI is strategically positioned to meet rising demand for 5G, which offers the potential of creating three million jobs, safer cities and stronger economies

Described as a leading single-source provider of end-to-end, next-gen telecommunications networks, Spectrum Global Solutions Inc. (OTCQB: SGSI) services reach across the United States, Canada, Puerto Rico, Guam and the Caribbean. The company’s end-to end offerings include bundled products of full-service engineering, construction, installation, maintenance and professional services. To date, SGSI has completed more than 150,000 projects on wireless, Distributed Antenna System (DAS), wireline and fiber networks.

SGSI is working tirelessly to become the world-class industry leader by which others measure their progress. The company is achieving this by providing the highest value, quality, safety and reliability available on the market, while simultaneously building client relationships that last. To accomplish this, SGSI is investing in the development of a strong team of talented experts and creating strong and consistent shareholder value with continued financial results and growth.

Based out of Longwood, Florida, the company’s subsidiaries make it possible to provide services directly to clientele in 49 states, three U.S. territories and six Canadian provinces. To date, SGSI has:

  • engineered over 70,000 sites;
  • constructed and installed more than 8,500 towers, antennas, small cells and facilities;
  • installed 586,944 strand-miles of fiber;
  • re-engaged over 98 percent of clients; and
  • maintained a 100 percent accident-free safety record.

SGSI has high standards as it seeks out additional acquisitions. To be considered, candidates must be established and reputable, possess a strong management team, show a history of profitability, be structured for growth, have already established excellent customer relationships and retention and (whether private or public) maintain clean operations with no issues to be passed on through the acquisition.

The company is ready for a 5G-networks rollout this year and is strategically positioned to meet the demand. Over the next five to seven years, according to Deloitte, up to $150 billion in fiber investment will be required in the United States (http://nnw.fm/1GDNp). Customers are demanding overall better services as they rely more heavily on technology. Coverage, enhanced capacity, private networks and rapid deployment of new apps are in demand. This high demand of excellence and need for 5G positions SGSI in a rapidly growing market as an already-proven provider of cutting-edge services and solutions.

According to Accenture Strategy (http://nnw.fm/3cYuA), the 5G rollout has the potential to create up to three million jobs and drive more than $500 billion in U.S. GDP growth. The rollout will create job growth and economic gains across the United States, as well as making cities and towns safer. Smart city solutions that utilize 5G will be able to manage vehicle traffic and electrical grids, saving billions for local communities and their residents. Cities will also be able to reduce commute times, improve public safety and become more efficient.

As one of the few engineering and installation companies able to provide end-to-end service and bundle products for telecommunications, SGSI is proving itself to be a world-class industry leader.

For more information, visit the company’s website at www.SpectrumGlobalSolutions.com

NOTE TO INVESTORS: The latest news and updates relating to SGSI are available in the company’s newsroom at http://nnw.fm/SGSI

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