- On February 7, Spectrum Global Solutions announced its entry into a definitive agreement of merger with WaveTech Global Inc.
- Upon completion of the merger, WaveTech will become the majority-controlling shareholder of Spectrum Global Solutions
- Representatives of the two companies announced that the merger will provide unique growth opportunities and tremendous value for shareholders
Spectrum Global Solutions Inc. (OTCQB: SGSI), a multi-national single-source provider of next-generation communications network professional services and software solutions to telecommunications and enterprise markets, recently announced its entry into a definitive agreement of merger with WaveTech Global Inc. Upon completion of the merger and acquisition, the consolidated merged entity will have an enterprise value of $130 million, according to a company press release issued on February 7 (http://nnw.fm/7jtlJ).
WaveTech Global is a next-generation technology platform that specializes in the provision of mobile network microservices, critical power management, asset lifecycle extension, data analytics and…
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