Digerati Technologies Expands International Reach with Acquisition of Ricochet Global
Digerati Technologies (OTCID: DTGI) announced it has closed its acquisition of Ricochet Global on November 24, 2025. Ricochet is a facilities and cloud-services provider for telecommunications operators with a regional focus on Africa, the Middle East, and the Persian Gulf and operates low-cost call center operations out of South Africa. Ricochet holds an international carrier license under section 214 of the FCC. The deal was paid in a mix of cash and restricted common stock. Management described Ricochet as a base platform for retail communications and future accretive acquisitions, with an intention to integrate operations and pursue organic and acquisition growth to improve operating and financial results.
Digerati Technologies (OTCID: DTGI) ha annunciato di aver chiuso l'acquisizione di Ricochet Global il 24 novembre 2025. Ricochet è un fornitore di servizi di strutture e cloud per operatori di telecomunicazioni con focus regionale su Africa, Medio Oriente e Golfo Persico e gestisce operazioni di call center a basso costo in Sudafrica. Ricochet possiede una licenza di operatore internazionale ai sensi della sezione 214 della FCC. L'accordo è stato pagato con una combinazione di contanti e titoli azionari comuni ristretti. La direzione ha descritto Ricochet come una base di piattaforma per le comunicazioni al dettaglio e per future acquisizioni che generano valore, con l'intento di integrare le operazioni e perseguire crescita organica e per acquisizioni per migliorare i risultati operativi e finanziari.
Digerati Technologies (OTCID: DTGI) anunció que ha cerrado su adquisición de Ricochet Global el 24 de noviembre de 2025. Ricochet es un proveedor de servicios de instalaciones y nube para operadores de telecomunicaciones con énfasis regional en Africa, Oriente Medio y Golfo Pérsico y opera operaciones de centro de llamadas de bajo costo desde Sudáfrica. Ricochet posee una licencia de operador internacional bajo la sección 214 de la FCC. El acuerdo se pagó con una mezcla de efectivo y acciones comunes restringidas. La dirección describió a Ricochet como una plataforma base para comunicaciones minoristas y futuras adquisiciones que generan valor, con la intención de integrar operaciones y buscar crecimiento orgánico y por adquisiciones para mejorar los resultados operativos y financieros.
Digerati Technologies (OTCID: DTGI)는 2025년 11월 24일에 Ricochet Global 인수를 마감했다고 발표했습니다. Ricochet는 가동 시설 및 클라우드 서비스를 통신 사업자에게 제공하는 지역 중심의 기업으로 아프리카, 중동 및 페르시아 만에 주력하며 남아프리카 공화국에서 저비용 콜센터 운영을 수행합니다. Ricochet는 FCC 214조에 따른 국제 운송자 면허를 보유하고 있습니다. 거래 금액은 현금과 제한된 보통주의 혼합으로 지급되었습니다. 관리진은 Ricochet를 소매 커뮤니케이션의 기초 플랫폼이자 향후 추가 가치 창출을 위한 인수로 설명했으며, 운영을 통합하고 유기적 성장 및 인수 성장을 추구해 운영 및 재무 실적을 개선하려는 의도가 있습니다.
Digerati Technologies (OTCID: DTGI) a annoncé avoir clôturé son acquisition de Ricochet Global le 24 novembre 2025. Ricochet est un fournisseur de services d'installations et de cloud pour les opérateurs de télécommunications, avec un axe régional sur l'Afrique, le Moyen-Orient et le Golfe Persique et exploite des centres d'appels à faible coût à partir de l'Afrique du Sud. Ricochet détient une licence d'opérateur international en vertu de la section 214 de la FCC. L'accord a été payé par un mélange de liquidités et d'actions ordinaires restreintes (restricted common stock). La direction a décrit Ricochet comme une plateforme de base pour les communications de détail et des acquisitions futures génératrices de valeur, avec l'objectif d’intégrer les opérations et de poursuivre une croissance organique et par acquisitions afin d'améliorer les résultats opérationnels et financiers.
Digerati Technologies (OTCID: DTGI) gab bekannt, dass es die Übernahme von Ricochet Global am 24. November 2025 abgeschlossen hat. Ricochet ist ein Anbieter von Infrastruktur- und Cloud-Diensten für Telekommunikationsanbieter mit regionalem Fokus auf Afrika, dem Nahen Osten und dem Persischen Golf und betreibt kostengünstige Call-Center-Aktivitäten aus Südafrika. Ricochet besitzt eine internationale Betreiberlizenz gemäß Abschnitt 214 der FCC. Der Deal wurde in einer Mischung aus Bargeld und eingeschränkten Stammaktien bezahlt. Das Management beschrieb Ricochet als Basisteilplattform für Einzelhandelskommunikation und künftige wertsteigernde Akquisitionen, mit der Absicht, Betriebsteile zu integrieren und organisches Wachstum sowie Zukäufe zu verfolgen, um operative und finanzielle Ergebnisse zu verbessern.
ديغيراتي تكنولوجيز (OTCID: DTGI) أعلنت أنها أغلقت استحواذها على Ricochet Global في 24 نوفمبر 2025. Ricochet هي مزود لخدمات المرافق والسحابة لمشغلي الاتصالات مع تركيز إقليمي على أفريقيا والشرق الأوسط والخليج الفارسي وتدير عمليات مركز اتصال منخفضة التكلفة من جنوب أفريقيا. تمتلك Ricochet ترخيص ناقل دولي بموجب القسم 214 من FCC. تم الدفع عن الصفقة بمزيج من النقد و أسهم عادية مقيدة. وصفت الإدارة Ricochet بأنها منصة أساسية للاتصالات بالتجزئة ونمو الاستحواذات المستقبلية المولدة للقيمة، مع نية دمج العمليات والسعي للنمو العضوي والصفقات من أجل تحسين النتائج التشغيلية والمالية.
- Acquisition closed on November 24, 2025
- Ricochet holds an FCC section 214 international carrier license
- Operations include low-cost call center platform in South Africa
- Consideration included restricted common stock and cash
- Business concentrated in Africa, Middle East, Persian Gulf regions
Port Jefferson, NY, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Digerati Technologies, Inc., (“Digerati,” the “Company,” “we,” “our” or “us”) (OTCID: DTGI) is pleased to announce it has successfully closed on its acquisition of Ricochet Global (“Ricochet”), a provider of facilities and cloud-based services to telecommunications operators worldwide, with specific focus on Africa, Middle East and Persian Gulf.
Ricochet employs the latest in switching and routing architecture allowing for exceptional quality while maintaining overall efficiency and value. Ricochet is a licensed International carrier under section 214 of the Federal Communications Commission. Ricochet prides itslef with overall efficiency and value which has enabled it to keep our customers over the long-term. Led by its Founder Jason Mumper, its business principles are highlighted by quality driven service, top level support, superior value and flexible payment terms. The acquisition was comprised of a mix and cash and restricted common stock.
Jason Mumper, the Founder of Ricochet, stated, “we are thrilled to now be part of the ‘new’ Digerati Technologies and look forward to being the base platform at which we plan to build upon and create significant value in the public company. We look forward to working with Robert and his team in expanding the business.”
Robert Delvecchio, Chairman and CEO of Digerati Technologies, commented, “today marks a new day for Digerati as we look toward the future and utilize Ricochet as a base platform for retail communications with additional accretive acquisitions in the pipeline. We believe Ricochet is the ideal platform to build upon due to its specialized low cost, call center operations out of South Africa. Jason Mumper and the dedicated, highly experienced Cape Town management team bring a long-standing reputation for excellence in the telecom industry. We look forward to integrating the businesses, exploring both organic and acquisition growth opportunities and delivering improved operating and financial results for our shareholders.”
About Digerati Technologies, Inc. (OTCID: DTGI)
Digerati Technologies, Inc. is a holding company and through its subsidiary, WaivCloud, Inc., the Company provides co-location, and related technology infrastructure solutions to business customers across the United States. Waiv Cloud is a colocation services provider driven by a passion for exceptional customer service. Our mission is to deliver secure, reliable, and scalable data center solutions to reduce downtime and streamline operations for our clients. We pride ourselves on building lasting relationships through personalized support, responsiveness, and a deep understanding of each client's unique needs. With innovation at our core and people at the heart of everything we do, we're redefining what it means to be a data center partner in a fast-moving digital world.
For more information, please visit: https://digerati-inc.com and https://waivcloud.com.
Forward-Looking Statements:
The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s product development and business prospects, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Risks concerning the Company’s business are described in detail in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, and other periodic and current reports filed with the Securities and Exchange Commission. The Company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Contacts:
Robert Delvecchio
rdelvecchio@digerati-inc.com
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