Spectrum Global Solutions, Inc. (SGSI) Revenues Tracking More than $33 Million Annually, Up from Zero in Early 2017

December 13, 2018 10:48:07
  • SSGI posted more than $10 million in revenues in Q3 2018
  • Growth strategy includes both acquisitions and organic growth through operations
  • Company expects revenue boost from coming 5G mobile service rollout
  • Recently awarded more than $5.7 million in contacts for work on state-of-the-art next-gen communications systems

Spectrum Global Solutions, Inc. (OTC: SGSI), a leading single-source provider of end-to-end, next-generation wireless and wireline network infrastructure and professional service solutions to the service provider (carrier) and corporate enterprise markets, has grown revenues from zero in early 2017 to currently tracking more than $33 million annually, CEO Roger Ponder informed shareholders and investors in a recent 2018 update (http://nnw.fm/4o3YU).

The SGSI revenue growth has come through acquisition and operations. The company posted revenues of approximately $4.3 million in the first quarter of 2018, with an increase to…

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