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Spectrum Global Solutions

 

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Company Overview

Spectrum Global Solutions, Inc., established in 2007, is a U.S.-based holding company specializing in telecommunications services. Headquartered in Boca Raton, Florida, the company provides comprehensive outsourced services and technology solutions for both next-generation and legacy wireless and wireline telecommunication networks. Spectrum Global Solutions operates through its subsidiaries, including ADEX Corporation, ADEX Puerto Rico, AW Solutions Puerto Rico, and Tropical Communications.

spectrumglobalsolutions.com

Historical Background

Originally known as Mantra Venture Group Ltd., the company rebranded to Spectrum Global Solutions, Inc. in 2017. Over the years, it has expanded its service offerings and geographical presence through strategic acquisitions, including the purchase of ADEX Corp. in 2018 for $5 million.

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Product and Service Portfolio

Spectrum Global Solutions offers a range of services tailored to meet the needs of the telecommunications industry:

    • Telecommunications Engineering and Infrastructure Services: Providing professional services and infrastructure solutions to carriers, aggregators, utilities, enterprises, and original equipment manufacturers (OEMs). spectrumglobalsolutions.com

    • Managed Cybersecurity Services: Through its subsidiary, High Wire Networks, the company offers managed cybersecurity services, including Overwatch managed security services delivered via a network of managed service providers (MSPs) and managed security service providers (MSSPs). MarketScreener

Industry Applications

Spectrum Global Solutions’ services are utilized across various sectors:

    • Telecommunications: Assisting carriers and service providers in deploying and maintaining both legacy and next-generation networks.

    • Utilities: Offering infrastructure solutions to support communication networks within utility companies.

    • Enterprise: Providing tailored communication solutions to meet the specific needs of large organizations.

Notable Achievements

Throughout its history, Spectrum Global Solutions has achieved significant milestones:

    • Strategic Acquisitions: The acquisition of ADEX Corp. in 2018 expanded the company’s service capabilities and market reach. Mergr

    • Expansion into Managed Cybersecurity: Through its subsidiary, High Wire Networks, the company has broadened its service offerings to include managed cybersecurity solutions. MarketScreener

Leadership Insights

As of the latest available information, the leadership team at Spectrum Global Solutions includes:

    • Mark Porter: Chief Executive Officer and Chairman, leading the company’s strategic direction and operations.

    • Curtis Smith: Director of Finance and Chief Financial Officer, overseeing financial operations and strategy.

    • Edward Vasko: Chief Operating Officer, managing day-to-day operations and service delivery.

    • David Barton: Chief Technology Officer, leading technological development and innovation.

    • Susanna Song: Sales and Marketing, driving business development and market expansion.

This leadership team guides Spectrum Global Solutions’ mission to provide integrated communication and cybersecurity solutions that meet the evolving needs of its clients.

MarketScreener

Financial Performance

Spectrum Global Solutions, Inc. is a publicly traded company listed on the OTCQB market under the ticker symbol SGSI. As of the latest available data, the company has a market capitalization of approximately $9.28 million, with annual sales of $18.68 million. The majority of its revenue is generated from the United States.

Barchart.com

Recent Developments

In recent years, Spectrum Global Solutions has focused on expanding its service offerings through strategic acquisitions and the development of managed cybersecurity services. The company continues to invest in new technologies and infrastructure to meet the evolving needs of its clients.

Future Outlook

Looking ahead, Spectrum Global Solutions aims to continue its leadership in telecommunications and cybersecurity by focusing on the development of advanced solutions for businesses and service providers across the globe. The company plans to leverage its comprehensive product and service portfolio to meet the evolving needs of its customers, driving digital transformation and enabling seamless connectivity and security worldwide.

Spectrum Global Solutions’ commitment to providing high-performance communication and cybersecurity solutions positions it as a significant player in the global telecommunications industry, supporting the connected experiences of businesses and service providers across various sectors.

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