Spectrum Global Solutions Inc. (SGSI) Adds $2.5 Million in New Contracts to $137 Million Opportunity Pipeline

Most of the new contracts are for network upgrades in preparation of 5G technology rollout in the U.S. Spectrum Global sees strong demand for its services nationally, expects same trend in Canada The company has a proven track record in selling and support Fortune 1,000 accounts and has worked on programs worth over $1.5 billion

Spectrum Global Solutions Inc. (OTCQB: SGSI), a leading single-source provider of next-generation communications network infrastructure and maintenance solutions, recently added over $2.5 million in new contract awards from existing and new clients across all operating subsidiaries to its opportunity pipeline, according to a company news release (http://nnw.fm/QJl1a). The bulk of orders received is for infrastructure projects as carriers upgrade their networks in advance of the rollout of 5G in the United States.

The rollout of 5G networks is expected to create 3 million jobs and add half a trillion dollars to the GDP, while creating numerous opportunities for tech and communication businesses, Spectrum Global Solutions CEO and President Roger Ponder said. In addition, the rollout will allow Spectrum Global to leverage its…

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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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