STOCK TITAN

Digerati Technologies Highlights its Market Reach Across a Wide Range of Industries

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Digerati Technologies, Inc. highlights its market reach by providing cloud services specializing in UCaaS solutions for SMBs across California, Texas, and Florida. With an average customer tenure of eight years, Digerati serves over 44,000 business users, offering standardized equipment, streamlined billing, and 24/7 customer service. The company aims to gain market share in the SMB sector through exceptional customer care and single-source communication solutions.
Digerati Technologies, Inc. sottolinea il suo raggio d'azione nel mercato fornendo servizi cloud specializzati in soluzioni UCaaS per le PMI in California, Texas e Florida. Con una durata media del cliente di otto anni, Digerati serve oltre 44.000 utenti aziendali, offrendo attrezzature standardizzate, fatturazione semplificata e servizio clienti 24/7. L'azienda si prefigge di aumentare la propria quota di mercato nel settore delle PMI attraverso un'assistenza clienti eccezionale e soluzioni di comunicazione a fonte unica.
Digerati Technologies, Inc. destaca su alcance en el mercado al proporcionar servicios de nube especializados en soluciones UCaaS para PYMES en California, Texas y Florida. Con una tenencia promedio de clientes de ocho años, Digerati atiende a más de 44,000 usuarios empresariales, ofreciendo equipos estandarizados, facturación simplificada y servicio al cliente 24/7. La compañía busca ganar participación de mercado en el sector PYME a través de un cuidado excepcional al cliente y soluciones de comunicación de fuente única.
Digerati Technologies, Inc.는 캘리포니아, 텍사스, 플로리다 지역의 중소기업을 대상으로 UCaaS 솔루션을 전문으로 하는 클라우드 서비스를 제공하며 시장 점유율을 확대하고 있습니다. 평균 고객 유지 기간이 8년인 Digerati는 44,000명이 넘는 비즈니스 사용자에게 표준화된 장비, 간소화된 청구 및 24시간 고객 서비스를 제공합니다. 이 회사는 탁월한 고객 관리 및 일원화된 통신 솔루션을 통해 중소기업 부문에서의 시장 점유율을 확대할 목표를 가지고 있습니다.
Digerati Technologies, Inc. met en avant sa portée sur le marché en fournissant des services cloud spécialisés dans les solutions UCaaS pour les PME en Californie, au Texas et en Floride. Avec une durée moyenne de relation client de huit ans, Digerati sert plus de 44 000 utilisateurs d'entreprises, offrant des équipements standardisés, une facturation simplifiée et un service clientèle disponible 24/7. L'entreprise vise à gagner des parts de marché dans le secteur des PME grâce à un soin exceptionnel du client et des solutions de communication à source unique.
Digerati Technologies, Inc. betont seine Marktpräsenz durch das Angebot von Cloud-Diensten, die auf UCaaS-Lösungen für KMUs in Kalifornien, Texas und Florida spezialisiert sind. Mit einer durchschnittlichen Kundenbindung von acht Jahren bedient Digerati über 44.000 Geschäftsnutzer und bietet standardisierte Ausrüstung, vereinfachte Abrechnung und Kundenservice rund um die Uhr. Das Unternehmen zielt darauf ab, seinen Marktanteil im KMU-Sektor durch außergewöhnliche Kundenbetreuung und ganzheitliche Kommunikationslösungen zu erhöhen.
Positive
  • None.
Negative
  • None.

Diverse Client Base Spans California, Texas, and Florida
with an Average Tenure of Eight Years

SAN ANTONIO, April 24, 2024 (GLOBE NEWSWIRE) --  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 small to medium-sized business (“SMB”) market, is pleased to share its market reach by highlighting customers across a wide range of industries spanning California, Texas, and Florida with an average tenure of eight years.   

Digerati’s cloud UCaaS and connectivity solutions offered through its operating subsidiary Verve Cloud, has enabled a wide variety of companies to standardize all equipment on site and streamline billing and support needs. Additionally, Digerati has provided the flexibility for its customers to scale and expand with locations nationwide. A common theme among its small and medium-sized business customers is outstanding customer service and availability 24 x 7 x 365.

Through its operating subsidiary, Digerati currently serves over 44,000 business users on its platform, primarily in California, Texas, and Florida, while increasing customer adoption in diverse industries. As businesses and organizations continue to invest in their IT infrastructure and migrate to cloud-based solutions, Digerati expects to continue to gain market share in the SMB sector as a single-source communication provider with an emphasis on exceptional customer care.

Customer Highlights:

A Restaurant chain with 50 Locations in California and Texas

  • Cloud communications and broadband customer since 2017
  • Standardized all equipment on site
  • Streamlined billing and support needs
  • Upgraded bandwidth of existing circuits
  • Flexibility to scale and support as client expands its locations

A High-Quality Value-Based Primary Healthcare Provider for Seniors with More Than 50 Locations

  • Broadband customer since 2020
  • Streamlined broadband services across its nationwide locations
  • Successfully expanded relationship from a few initial locations to nationwide and 10x initial revenue over 3 years
  • “Land and Expand” driven by high value proposition and focus on superior end-to-end client service

A Collection of Lifestyle and Brand Hotels with 30 Locations

  • Cloud communications and broadband customer since 2016
  • Consolidated voice and broadband services across properties
  • Expanded from a few properties to more than a dozen hotels across its portfolio

A Leading Direct Healthcare Provider with Multi Locations Nationwide

  • Cloud communications customer since 2016
  • Desired a local and attentive provider who could streamline their services and be accessible to timely service their account
  • Streamlined billing and support
  • Flexibility to scale as client continues to expand with additional locations
  • Recently secured a new 3-year contract term

A Custom Fine Clothing Retailer with More Than 80 locations

  • Cloud communications customer since 2012
  • Dedicated account manager to communicate with for all requests
  • Streamlined billing and support
  • Flexibility to scale and support as client seeks to expand locations nationwide

About Digerati Technologies, Inc.

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 operating subsidiary Verve Cloud, Inc., the Company is meeting the global needs of small businesses seeking simple, flexible, reliable, and cost-effective communication and network solutions including, cloud PBX, cloud telephony, cloud WAN, cloud call center, cloud mobile, and the delivery of digital oxygen on its broadband network. The Company has developed a robust integration platform to fuel mergers and acquisitions in a highly fragmented market. as it delivers business solutions on its carrier-grade network and Only in the Cloud™. For more information, please visit www.digerati-inc.com and follow DTGI on LinkedIn, Twitter and Facebook.

Forward-Looking Statements

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 such as ‘Digerati expects to continue to gain market share in the SMB sector,’ 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, our inability to source suitable acquisition targets, failure to execute growth strategies, lack of product development and related market 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.


Facebook: Digerati Technologies, Inc.
Twitter: @DIGERATI_IR
LinkedIn: Digerati Technologies, Inc.

Investors

ClearThink
Brian Loper
bloper@clearthink.capital
(602) 785-4120


FAQ

How many business users does Digerati currently serve on its platform?

Digerati currently serves over 44,000 business users on its platform.

What are the main industries Digerati serves across California, Texas, and Florida?

Digerati serves a diverse range of industries, including restaurants, healthcare providers, hotels, and clothing retailers.

What is the average tenure of Digerati's customers?

The average tenure of Digerati's customers is eight years.

What type of solutions does Digerati specialize in providing?

Digerati specializes in providing UCaaS solutions for small to medium-sized businesses.

How does Digerati differentiate itself in the market?

Digerati differentiates itself in the market by offering exceptional customer care, standardized equipment, streamlined billing, and 24/7 customer service.

In which states does Digerati have a strong presence?

Digerati has a strong presence in California, Texas, and Florida, serving customers in these states with cloud UCaaS and connectivity solutions.

What is the emphasis of Digerati's communication services?

Digerati's communication services emphasize exceptional customer care and scalability for businesses looking to expand.

What is the focus of Digerati's market strategy?

Digerati's market strategy focuses on gaining market share in the SMB sector by providing single-source communication solutions.

How does Digerati support its customers' expansion?

Digerati supports its customers' expansion by offering flexibility to scale and grow with locations nationwide.

What is the key theme among Digerati's SMB customers?

The key theme among Digerati's SMB customers is outstanding customer service and availability 24 x 7 x 365.

DIGERATI TECHS INC

OTC:DTGI

DTGI Rankings

DTGI Latest News

DTGI Stock Data

2.50M
149.56M
17.51%
Telecom Services
Communication Services
Link
United States of America
San Antonio