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Spectrum Global Solutions Receives Over $500,000 in New Contract Awards

LONGWOOD, Fla., Nov. 26, 2018 (GLOBE NEWSWIRE) -- Spectrum Global Solutions, Inc. (OTC:SGSI) (the “Company”), a single-source provider of end-to-end next-generation wireless and wireline network services and staffing solutions to the service provider (carrier) and corporate enterprise markets, today announces that it has received over $500,000 in new contract awards to support carrier network upgrades across the United States.

"We continue to build upon our pipeline of new opportunities as carriers deploy upgrades of their services and technologies across the U.S.  AT&T recently announced that its true 5G mobile service rollout should start in the coming weeks in Dallas, Atlanta, Waco, Charlotte, Raleigh, and Oklahoma City. As AT&T and other major carriers roll out this upgrade, we are called upon for assistance,” said Spectrum Global CEO Roger Ponder. “To capitalize on these opportunities, we are in active discussions with multiple synergistic entities for merger or acquisition that would be accretive to our earnings.” 

About Spectrum Global Solutions, Inc.:

Spectrum Global Solutions operates through its subsidiaries, AW Solutions and ADEX Corp. The Company is a leading provider of telecommunications engineering and infrastructure services across the United States, Canada, Puerto Rico, Guam and Caribbean. For more information about the Company and its technologies visit the Company’s public filings at or the Company’s website at

Forward-looking statements:

The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as "anticipate," "appear," "believe," "could," "estimate," "expect," "hope," "indicate," "intend," "likely," "may," "might," "plan," "potential," "project," "seek," "should," "will," "would," and other variations or negative expressions of these terms, including statements related to expected market trends and the Company's performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations.

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