SkyNet Telecom is a hosted PBX/VoIP provider headquartered in San Antonio, Texas. Serving its first customers in 2010 as a subdivision of Novatel Networks, Skynet Telecom became an independent enterprise in 2013. SkyNet provides hosted communication services to small and medium sized businesses across Texas and the United States. While our communication services and technology operate with the high-tech efficiency of a machine, our approach to customer service is all human. We’re a high-touch organization that works individually with each of our clients to develop a custom VoIP and data solution that works for their business needs. At SkyNet, we take the time to understand exactly what you need, both now and in the future, and create a plan that’s just right for you.

The acquisition of SkyNet expands the Company’s footprint in Texas and increases its customer base by over 215% to 737 business customers in the Lone Star State. On a consolidated basis and as a result of this acquisition,Digerati’s operating subsidiaries will now serve over 3,100 business customers and approximately 33,000 users in Texas and Florida, the 2nd and 4th largest state economies by GDP in the USA. Based on the quarter ending October 31, 2021 on an annualized basis, the Company expects its operating subsidiaries will generate $18.5 million in annual revenue with the addition of SkyNet. SkyNet is expected to have an immediate and positive impact on the consolidated EBITDA and operating income of the Company with additional improvements to be realized during FY2022 from the anticipated cost synergies and consolidation savings derived from this acquisition.