FTE NETWORKS, INC. (OTCMKTS:FTNW) Files An 8-K Other Events

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FTE NETWORKS, INC. (OTCMKTS:FTNW) Files An 8-K Other Events

FTE NETWORKS, INC. (OTCMKTS:FTNW) Files An 8-K Other Events
Item 8.01. Other Events

On December 19, 2018, the Registrant announced that its Board of Directors authorized a share repurchase program of up to $4 million of the Company’s outstanding common stock. A copy of the release is attached hereto as Exhibit 99.1.

The information in this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. The information in this Item 8.01 shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

FTE Networks, Inc. Exhibit
EX-99.1 2 ex99-1.htm   FTE Networks Announces $4 Million Corporate Stock Buyback Program   NAPLES,…
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About FTE NETWORKS, INC. (OTCMKTS:FTNW)

FTE Networks, Inc., (FTE Networks) is a provider of international and regional telecommunications and technology systems, and infrastructure services. The Company’s segments are Telecommunications and Staffing. It also offers managed information technology, telecommunications services, subscriber-based services and staffing solutions through its subsidiaries, Jus-Com, Inc. (doing business as FTE Network Services), FTE Wireless, LLC and Focus Venture Partners, Inc. (doing business as FVP Worx). Its services include engineering consulting, design, installation, maintenance and emergency response in various categories, including cabling, equipment installation and configuration, rack and stack, wiring build-outs, infrastructure build-outs, direct current power installation, online service provider/Internet service provider fiber placement, fiber cable splicing and testing. In the wireless space, it provides engineering, design, installation and upgrade of wireless communications networks.