Spectrum Global Solutions Inc. (SGSI) Secures Key Tier 1 Contract Renewal Amid Ongoing 5G Services Buildup

September 27, 2019 11:36:28
  • The telecommunications industry is preparing for its next evolutionary stage as carriers and their customers begin anticipating 5G data speed enhancements for mobile technology
  • Spectrum Global Solutions is an end-to-end provider of telecommunications infrastructure solutions helping to position businesses for the 5G network revolution
  • The company recently announced that it has renewed a key three-year contract with a tier 1 carrier for outside plant labor, construction and maintenance services
  • Spectrum Global also noted in August that it had been awarded $3.6 million in new contracts with new and existing clients, dealing primarily with 5G network establishment

Telecommunications network service provider Spectrum Global Solutions Inc. (OTCQB: SGSI) announced recently that it has succeeded in renewing a key contract with a U.S.-based tier 1 carrier to which it has previously provided outside plant labor, construction and maintenance services.

The three-year contract with the large-scale telecommunications firm is confidential under the terms of the agreement and based on demand, but Spectrum Global’s announcement notes that a comparable contract with the same company during the prior three-year period generated more than…

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