Spectrum Global Solutions, a provider of network infrastructure and maintenance solutions, has recently received $3.3 million in new contract awards across all operating subsidiaries.
The new contract awards are composed of work orders from both new and existing clients, which are building upon prior work orders awarded to spectrum in the past. The work orders are predominantly for infrastructure projects as carriers upgrade their networks in advance of the rollout of 5G in the United States.
“We continue to see strong demand for our professional services, as more and more clients realize the need for additional professional and technical staff to support ongoing projects,” said Roger Ponder, CEO of Spectrum Global Solutions. “Our enterprise solutions vertical continues to win new projects in support of our client’s network expansions and modifications.
The Spectrum Global Solutions platform model bundles disparate services with the intention of simplifying network deployment and maintenance.
“Our recently signed contract with a tier 1 infrastructure aggregator has already begun to generate purchase orders for professional engineering and design services for a new 5G network in a major metropolitan area. In addition, we have received new purchase orders for DAS installations at a number of high profile indoor facilities as well as work orders for tower audits, investigations and improvements with a major utility for their multi-state communications network. As our sales pipeline continues to grow, month over month, we see tremendous upside as we move through the balance of 2019 and into 2020,” Ponder said.