Keith Hayter, president of Spectrum Global Solutions (OTCQB: SGSI), recently discussed the rising telecommunication market opportunity in an interview on The RedChip Money (http://nnw.fm/9a5Vz). An article discussing the company reads, “The company’s third quarter report noted a 300 percent year-over-year increase in revenues and a 200 percent quarterly increase in net income, and SGSI expects the forecast to remain robust as businesses and consumers alike clamor for 5G capability as the large carriers begin to roll out new infrastructure. . . . ‘The market opportunity is immense,’ Hayter continued. ‘Over $1.5 trillion is going to be spent on telecommunications. For deployment services, which is where we primarily fit in and get our revenue streams from, from $150 (billion) to $200 billion will be spent over the next couple of years.’”
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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.
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