QualityStocksNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Secures Key Contract Renewal with U.S. Tier-1 Carrier
Spectrum Global Solutions (OTCQB: SGSI), a leading single-source provider of next-generation communications network infrastructure and maintenance solutions, this morning announced that it has secured a key 3-year nationwide contract renewal with a tier-1 U.S. based telecommunications company. According to the update, the contract renewal was awarded through the company’s ADEX subsidiary and is for outside plant labor, construction and maintenance services. A comparable contract with the same tier-1 telecommunications company in the prior 3-year period generated revenue in excess of $17.5 million. “We are pleased to announce this key contract win with a tier-1 U.S. based carrier,” Roger Ponder, CEO…