Digerati Technologies (OTCQB: DTGI), a provider of cloud services specializing in Unified Communications as a Service (“UCaaS”) solutions for the small to medium-sized business (“SMB”) market, on Tuesday reported its strategic initiatives and outlook for FY2020 ended July 31, 2020. Among other highlights in the release, DTGI detailed its intent to continue its focus on enhancing long-term sales, revenue growth, profitability, and shareholder value. “We successfully delivered on execution of our plan during FY2019 and integrated two acquisitions during the same year that clearly validated our business model. We will not deviate from our stated business plan and strategic initiatives that have remained consistent over the past two fiscal years. We will raise the bar for growth and profitability, as we work towards accelerating our M&A strategy now that we have achieved an operational scale that allows us to derive increased EBITDA from follow-on acquisitions and improve our return on investment (‘ROI’),” Digerati Technologies CEO Arthur L. Smith stated in the news release.
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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 subsidiary T3 Communications (www.T3com.com), the company is meeting the global needs of businesses seeking simple, flexible, reliable, and cost-effective communication and network solutions, including cloud PBX, cloud mobile, Internet broadband, SD-WAN, SIP trunking, and customized VoIP services, all delivered on its carrier-grade network and Only in the Cloud(TM). For more information about Digerati Technologies, please visit www.Digerati-Inc.com.
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