Digerati Technologies Seeks Acquisitions to Double Revenue
Near-Term Expansion Focus is on Florida and Texas
SAN ANTONIO, TX (GlobeNewswire) – March 4, 2019 – Digerati Technologies, Inc. (OTCQB: DTGI) (“Digerati” or the “Company”), a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the business market, announced today that Chief Executive Officer Art Smith was recently interviewed by Proactive Investors. Proactive Investors is a UK-based online investor services company that provides analytics, market reports, and company and industry profiles.
During the interview, Mr. Smith discusses how the Company is growing rapidly in Texas after acquiring Synergy Telecom and doubling its revenues over approximately eight months. After establishing a solid operational base in Florida through the Company’s acquisition of T3 Communications in 2018, Smith says other acquisitions are in the works with a continued focus on the 2nd and 4th largest state economies in the U.S.
Digerati Technologies, Inc. (OTCQB: DTGI) is a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the business market. Through its subsidiaries Synergy Telecom and T3 Communications, the Company is meeting the global needs of businesses seeking simple, flexible, reliable, and cost-effective communication and network solutions, including cloud PBX, cloud mobile, Internet broadband, SD-WAN, SIP trunking, and customized VoIP services, all delivered on its carrier-grade network and Only in the Cloud™. For more information about Digerati Technologies, please visit www.digerati-inc.com.
The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements related to the future financial performance of the Company. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful execution of growth strategies, product development and acceptance, the impact of competitive services and pricing, general economic conditions, and other risks and uncertainties described in the Company’s periodic filings with the Securities and Exchange Commission.
The Eversull Group