$DTGI closing the week strong! On a trailing twelv

$DTGI closing the week strong! On a trailing twelve months (TTM) pro forma basis, the combination of T3 and Nexogy generated $12.7 million in annual revenue while the consolidation of telecommunications infrastructure and integration of cloud PBX platforms and back-office systems is expected to produce cost savings and EBITDA improvements. The Company anticipates producing nearly 20% in operational EBITDA with synergies derived from the combined operation. Nexogy's business model is supported by strong and predictable recurring revenue under long-term contracts and high gross margins of 75%+. Debt financing for the transaction has been committed by an established and traditional lending source and is expected to close in approximately ninety (90) days, subject to FCC regulatory approval. $DTGI Nexogy, Inc. being acquired by Digerati (DTGI) https://finance.yahoo.com/news/nexogy-inc-bei...00997.html