Digerati Technologies, Inc. was formed in 2004 under the name ATSI Communications, Inc. (f/k/a American Telesource International, Inc.) as the successor to a telecommunications company originally incorporated in 1993. In 2001 Digerati changed its name from American Telesource International, Inc. to ATSI Communications, Inc. Digerati re-incorporated in the State of Nevada by merger into a wholly-owned subsidiary in 2004 as part of a recapitalization plan, but remained known as ATSI Communications, Inc.
Digerati’s global network started in 1995 within the U.S. - Mexico corridor to capitalize on the opportunities created by the deregulation of the telecommunication industries within Mexico. Over the course of the following decade, the Company expanded its network into more than 50 countries utilizing VoIP technology to establish global partnerships with foreign carriers and emerging operators in the United States, Latin America, Asia, Europe, and the Middle East.
Digerati survived the telecommunications industry crisis in 2002 - 2003 and emerged from the turmoil as a global voice over Internet protocol (VoIP) service provider. Digerati marketed its VoIP services with the goal of achieving a leadership position in the industry, while building brand and name recognition. In 2011, Digerati began its transformation that included formally changing its corporate name from ATSI Communications, Inc. to Digerati Technologies, Inc. to align the parent Company’s name with its operating subsidiaries’ brand. The corporate re-branding formally launched the Company's strategic shift from traditional international telecommunication services to global VoIP and cloud-based telephony services. In 2010, Digerati expanded beyond its global VoIP transport services by introducing its Only in The Cloud™ telephony product line that includes cloud-based PBX services, SIP trunking, and specialized VoIP applications.
Prior to the telecom industry turmoil, Digerati traded on the American Stock Exchange under the symbol AMEX: AI. Subsequently, the Company successfully spun-off its Internet software subsidiary, GlobalSCAPE, Inc. (NYSE:GSB), to its shareholders. GlobalSCAPE has become a leader in its industry and experienced tremendous success. Digerati’s successful track record includes being a multi-year recipient of Deloitte's Fast500 and Fast50 Awards for recognition as one of the fastest growing technology companies in North America.
In more recent years, the Company’s diversification efforts included the acquisition of oilfield services companies operating in the Bakken Shale of Montana and North Dakota. Digerati sold these entities in July of 2014. Today, the Company’s subsidiary, Shift8 Networks, markets cloud-based unified communications services and applications through value-added resellers to the enterprise market, specifically the small-to-medium sized business segment.