Spectrum Global Solutions (SGSI) operates through its AW Solutions and Mantra Energy Alternatives subsidiaries. AW Solutions (AWS) is a leading provider of telecommunications engineering and infrastructure deployment services and solutions across the United States, Puerto Rico, Guam, Canada, and the Caribbean. The Company's subsidiary Mantra Energy Alternatives is developing electrochemical technologies designed to make reducing greenhouse gas emissions sustainable and profitable.
SGSI is a holding company for next generation technology companies specialized in telecommunications and energy services across the US, Canada and Caribbean. Through its recently acquired, AWS subsidiary, the Company provides core and comprehensive outsourced services and solutions to leading wireless and wireline telecommunication carriers, utilities, aggregators, OEM's, PMO's and enterprise clientele; Company estimates reaching a $34-$36 million revenue run rate in next 12 months.
SGSI is targeting acquisitions in the telecom sector that have significant opportunity for growth ($10-$50+ million revenue projections and positive EBITDA growth), which will further drive long-term shareholder value growth for SGSI shareholders. This diversified portfolio approach provides investors with risk reduction while maintaining potential for significant upside.
Company estimates $34-$36 million revenue run rate in next 12 months
- SGSI reported revenue of $2.0 million in 1Q17, compared to $0 in 2Q16
Company received $580,000+ in new contract awards in November 2017
- Proven ability to sell and support Fortune 1,000 accounts and Tier 1carriers
SGSI targets acquisitions in telecom sector with significant opportunity for growth ($10-$50+ million revenue projections and positive EBITDA growth)
- Replicable, scalable services model with industry leading strategic partnerships
- Proven and strong management team with over 180 years of combined executive leadership experience.
Telecommunications sector is set to explode with new technology deployments in 2018 thru 2025, to include:
- Increased small cell densification
- 5G and FirstNet
- Fiber Optic backhaul transport
- IOT (Internet of Things)