FAQ on Spectrum Global Solutions Inc. (SGSI) Projected Revenue Increase and Growth Strategies

What is the main reason behind SGSI’s projected revenue increase in 2019?

SGSI’s projected revenue increase in 2019 is based on a combination of organic growth, post-accretive acquisitions, and new contracts worth over $3.7 million to support carrier network upgrades.

How much revenue did SGSI grow to before projecting an increase for 2019?

Before projecting an increase for 2019, SGSI grew its revenues to $34.5 million.

What does SGSI’s CEO identify as a significant source of future growth for the company?

SGSI’s CEO, Roger Ponder, identifies the implementation of 5G as a significant source of future growth for the company.

Where can investors find the latest news and updates about SGSI?

Investors can find the latest news and updates about SGSI in the company’s newsroom at http://nnw.fm/SGSI.

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What markets does SGSI serve?

SGSI serves the service provider (carrier) and corporate enterprise markets as a single-source provider of wireless and wireline network infrastructure and professional service solutions.

What is the significance of the new contracts SGSI has received?

The new contracts, totaling more than $3.7 million, are significant as they support carrier network upgrades, positioning SGSI for accelerated growth, especially in the context of 5G implementation.