NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Awarded $5.7M in New Contracts for Q3 2018; Anticipates Increased Demand for its Services

October 26, 2018 09:43:45

Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions (OTC: SGSI) this morning announced its receipt of over $5.7 million in new contract awards during Q3 of 2018. Work on the new orders commenced in the third quarter with realized revenues expected in 2018 and into 2019. According to the update, SGSI continues to see an increase in client orders, both domestically and in the Caribbean, for its preconstruction and construction services to support future small cell densification, distributed antennas systems (“DAS”), fiber network expansions and 5G wireless technology projects. The company also anticipates increased demand for its services to support recovery efforts due to recent storms. “With new bank financing at our disposal, we can more aggressively pursue the new contract work being made available to us,” Spectrum CEO Roger Ponder stated in the news release. “With these latest contract awards, we are now tracking well over $35 million in annual revenue and are moving closer to profitability.”

To view the press release, visit

About Spectrum Global Solutions, Inc:

Spectrum Global Solutions operates through its subsidiaries AW Solutions and ADEX Corp. 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 public filings at or its website at

More from NetworkNewsBreaks

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

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

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office