Florida-based comms network infrastructure specialist Spectrum Global Solutions has flagged it recently received US$3.6 million in new contract awards across all of the firm’s operating subsidiaries.
According to the company, the new contract awards include work orders from both new and existing customers, and are predominantly for infrastructure projects as network operators prepare for a nationwide implementation of 5G.
“We are pleased to announce over US$3.6 million in new contract awards,” said Roger Ponder, CEO of Spectrum Global Solutions. “Across the board, we are seeing network operators and carriers strengthen and expand their wireless infrastructure on the back of an ever increasing consumer demand for wireless data. These new contract awards in particular pertain to enhancing data infrastructure for the upcoming Super Bowl through improvements to hospitality facilities’ telecommunications and security infrastructure.
“As we continue to expand our service offering to support the rollout of 5G, which requires a large number of small cell deployments rather than a fewer number of larger towers as was traditionally seen, our opportunity pipeline continues to grow at a rapid rate. I look forward to continued operational execution on this front and long-term shareholder value creation,” said Ponder.