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From: NetworkNewsWire (Rep: 0)Date: 01/11/2019 16:34
Forum: Penny Stocks - Msg #2624 - List SGSI msgs Thread #674057311 (Rec: 0)
NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Acquires Telnet Solutions, Inc.

Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions (OTC: SGSI) recently announced that it has acquired Telnet Solutions, Inc. (“TNS”). TNS is a Des Plaines, Illinois based company that offers design, installation and maintenance of structured cabling system solutions to the enterprise market in the US and abroad. Per the update, TNS’ annual revenue for 2018 was more than $6 million. “We are very excited to bring this established, reputable and proven entity into our fold. Its focus on the enterprise market will drive higher margin, relationship-driven business to our Company. TNS adds new clients and capabilities, as well as provides us with a wide range of design, installation and maintenance solutions that will enhance our existing portfolio,” Spectrum Global Solutions CEO Roger Ponder stated in the news release.

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