- Spectrum Global Solutions specializes in telecommunications via its subsidiaries
- The company engineers, upgrades, installs and maintains next-generation telecommunication networks
- Its growth strategy includes acquisitions, increasing market share and leveraging organic revenue and margin growth
Spectrum Global Solutions, Inc. (OTC: SGSI) is the holding company for next generation technology companies that specialize in telecommunications throughout the United States, Canada and the Caribbean. Via its subsidiaries, the company provides services directly to carriers, aggregators, utilities, enterprise clients, project management organizations (PMO) and original equipment manufacturers (OEM). Spectrum is one of the few engineering and installation companies that can provide all services and bundle products for telecommunications clients. Spectrum Global Solutions is headquartered in Longwood, Florida.
The company is a foremost single-source provider of end-to-end, next-generation wireless and wireline network infrastructure and professional service solutions. Its subsidiaries include AW Solutions, Inc. – Telecommunications & Engineering Services; AW Solutions Puerto Rico -Telecommunications & Engineering Services; and Tropical Communications, Inc. – Utilities. In addition, its subsidiaries include ADEX Corporation – Professional Services & Solutions, and ADEX Puerto Rico, LLC – Professional Services & Solutions.
Fundamentally, Spectrum Global Solutions engineers, upgrades, installs and maintains next-generation telecommunications networks. The company is professionally registered in 49 states, three U.S. territories (Puerto Rico, U.S. Virgin Islands and Guam) and six Canadian Provinces. Its services run the gamut from a single activity to multi-year, multi-region large scale turnkey development contracts (http://ibn.fm/s7kd2).
A projected $157 billion in U.S. telecommunication carrier capital expenditures is expected by 2021, and 5G next generation networks will be a significant part of this expenditure (http://ibn.fm/VXCUE). Spectrum Global Solutions is positioned to take advantage of this development because of its acquisitions and its experience in completing greater than 150,000 project activities on wireless, DAS, wireline and fiber networks throughout the U.S. The company’s ADEX Corp. and ADEX Puerto Rico LLC acquisitions have set Spectrum on course to benefit from the ongoing rollout of 5G services during the coming years (http://ibn.fm/wmMRA). Information Age (http://ibn.fm/OoYa6) notes that, “Not only does 5G promise to boost efficiency and unleash the potential of automation, but it will also enable us to explore developing technologies such as virtual reality (VR) and augmented reality (AR).”
A proven market operator in a high-growth telecom market segment, Spectrum Global Solutions’ growth strategy includes strategic and tactical acquisitions. Its criteria for acquisitions focus on companies with synergistic strategic value, a history of profitability and operations that are accretive to earnings and growth. Criteria also includes companies with strong management/retention, long-term customer relationships and sufficient size to add scale (http://ibn.fm/nfbOK).
The company’s growth strategy also aims to build market share and leverage organic revenue and margin growth. This involves focusing its sales team at new service provider targets, growing corporate margins and establishing new PMO and OEM partnerships. This strategy also aims to expand SGSI’s service footprint and open the door for new services, as well as maximizing cross-selling opportunities by taking advantage of its operating subsidiaries’ clients, services and relationships.
Spectrum Global Solutions, with its experienced management team, has the initiatives in place to foster shareholder growth. With client re-engagements at more than 98 percent, the company’s track record speaks for itself. Spectrum Global Solutions is ready to facilitate 5G growth as it continues to provide premier telecommunications engineering and infrastructure services to its diverse clientele.
For more information, visit the company’s website at www.SpectrumGlobalSolutions.com
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