$DTGI A high tech growth story to keep your eye on

$DTGI A high tech growth story to keep your eye on. Digerati has subsidiary operations in the Unified Communication as a Service (“UCaaS”) - Cloud Communication industry. Through its wholly-owned subsidiaries, Synergy Telecom (“Synergy”) and T3 Communications (T3), the Company is meeting the global need of businesses seeking simple, flexible, efficient, and cost-effective communication solutions, including fully hosted IP/PBX, VoIP transport, SIP trunking, and customized VoIP services all delivered Only in the Cloud™ via its global carrier-grade network. Digerati targets the small-to-medium-sized-business (“SMB”) market and is capitalizing on the wave of migration from the traditional telephone network to cloud telephony. Digerati announced the acquisition of Synergy Telecom in December 2017, which doubled its Texas-based revenues by adding a solid base of customers throughout Texas, including the Cities of Rockport, Glenrose, and Lake Worth, as well as Texas Workforce Solutions, Star Shuttle and the McNay Art Museum. This transaction added more than 35-years of combined VoIP experience and an executive sales team with extensive channel experience with the likes of Vonage. Aside from an immediate increase in revenues, cost synergies will also be realized in a relatively brief period of time by combining the two entities. Most importantly, Synergy’s culture of service aligns extremely well with that of Digerati.

Digerati also completed the acquisition of T3 Telecommunications on May 2, 2018 (“T3”). T3 is an established VoIP and cloud communications provider serving a high-growth corridor in Southwest Florida. The business combination with Synergy results in a telephony operator serving nearly 10,000 business users and generating approximately $6.2 million in annual revenue and positive cash flow from operations.https://privateequitymarkets.us/newsletter/dtgi-a-high-tech-growth-story-to-keep-your-eye-on