Spectrum Global Solutions Inc. (SGSI) Positioned to Lead US 5G Network Development, Maintenance

July 18, 2019 11:06:49
  • The telecommunications industry is anticipating an evolutionary step in its development as carriers prepare to roll out higher speed 5G networks in the coming years
  • Spectrum Global Solutions is a U.S.-based end-to-end telecoms network tech provider whose clients include recognized names such as Ericsson, Nokia, Sprint, AT&T and Verizon
  • The company recently reported significant year-over-year revenue growth that nearly tripled to $11.3 million
  • SGSI’s first quarter report also noted that the company achieved its first quarter of positive income from operations, transforming a loss of $743,491 into a gain of $14,699

The pending introduction of higher-speed next-generation 5G networks has telecom industry insiders feverish with excitement, as exemplified by the new Ericsson Mobility Report’s statement (http://nnw.fm/f4rVC) that “No previous generation of mobile technology has had the potential to drive economic growth to the extent that 5G promises. It goes beyond connecting people to fully realizing the Internet of Things (IoT) and the Fourth Industrial Revolution.”

While industry analysts are more cautionary in their predictions for 5G’s immediate potential, citing prior corporate policy disappointments, leading-edge tech underperformance and the inevitable reluctance to embrace costs associated with rolling out…

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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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