$DTGI the company 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.
On June 18, 2018 Digerati closed the acquisition of a minority ownership in Itellum Communications Costa Rice S.R.I., A fully-licensed telecommunication and Internet service provider serving the Central American market. Itellum is involved in rapidly growing telecom sectors including 1:1 international fiber optic networks, Cloud and Unified Voice Services and other data centric solutions.