Digerati Technologies The Growth The subsidi
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Posted On: 02/03/2021 12:02:23 AM
Digerati Technologies
The Growth
The subsidiaries, Nexogy and T3 Communications, were recently acquired by Digerati. In fact, the Company acquired Synergy in December of 2017, followed by the acquisition of T3 in May of 2018, and Nexogy in 2020. While these are relatively newly acquired assets, we are already seeing impressive movement from both. Since its acquisition of Nexogy, Digerati Technologies has doubled the Company’s Texas-based revenues. This was done by adding a solid base of customers throughout Texas. The Company is currently providing services to municipalities like the cities of Alice, Benbrook, Lake Worth, as well as others throughout the State. Moreover, the Company has established relationships with business clients like Texas Workforce Solutions, Becker Vineyards, Star Shuttle, the McNay Art Museum, and many others. . This was an important move, as T3 is an established player in the VoIP and cloud communications industry. As a result of the business combination, a telephony operator that serves approximately 2,600 businesses customers and 28,000 users in Florida and Texas was born. Today, the combined entity generates about $14 million in annual revenue and positive cash flow from operations.
https://digerati-inc.com/financials/
The Growth
The subsidiaries, Nexogy and T3 Communications, were recently acquired by Digerati. In fact, the Company acquired Synergy in December of 2017, followed by the acquisition of T3 in May of 2018, and Nexogy in 2020. While these are relatively newly acquired assets, we are already seeing impressive movement from both. Since its acquisition of Nexogy, Digerati Technologies has doubled the Company’s Texas-based revenues. This was done by adding a solid base of customers throughout Texas. The Company is currently providing services to municipalities like the cities of Alice, Benbrook, Lake Worth, as well as others throughout the State. Moreover, the Company has established relationships with business clients like Texas Workforce Solutions, Becker Vineyards, Star Shuttle, the McNay Art Museum, and many others. . This was an important move, as T3 is an established player in the VoIP and cloud communications industry. As a result of the business combination, a telephony operator that serves approximately 2,600 businesses customers and 28,000 users in Florida and Texas was born. Today, the combined entity generates about $14 million in annual revenue and positive cash flow from operations.
https://digerati-inc.com/financials/
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