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Stock impact report

ADDvantage Technologies Expands Telco Segment Offering with Launch of New Wireless Infrastructure Services Business

ADDvantage Technologies Group, Inc. (AEY) 
Company Research Source: GlobeNewswire
BROKEN ARROW, Okla., Dec. 17, 2018 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ:  AEY), today announced the launch of a services business focused on providing wireless infrastructure services to the telecommunications market. This strategic growth initiative enables the Company to expand its range of solutions to include services for the wireless telecommunications market for the first time. The business will provide turn-key wireless infrastructure services for wireless carriers, turf vendors supporting the wireless carriers and wireless equipment manufacturers. These services will initially consist of the installation and upgrade of technology on cell sites and the construction of new small cells. The second phase will include engineering, site acquisition and commissioning and integration services for cell sites. The launch of this business is expected to drive the Company’s growth strategy in 2019 by further diversifying its offering, allowing it to Show less Read more
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