Digerati Technologies Stock Price, News & Analysis

Digerati Technologies, Inc. (DTGI) is a holding company that focuses on cloud-based communications and technology infrastructure for business customers. According to multiple company disclosures, Digerati has positioned itself around two primary activities: providing Unified Communications as a Service (UCaaS) and related cloud connectivity through its operating subsidiary Verve Cloud, Inc., and offering co-location and technology infrastructure solutions through its subsidiary WaivCloud, Inc.

In its UCaaS business, Digerati states that it is a provider of cloud services specializing in UCaaS solutions for the small to medium-sized business (SMB) market. Through Verve Cloud, Inc., the company reports that it serves thousands of business users, particularly in states such as California, Texas, and Florida, and that its platform supports tens of thousands of business users. Verve Cloud’s offering, as described by the company, includes cloud PBX, cloud telephony, cloud WAN, cloud call center, cloud mobile, and what it calls the delivery of "digital oxygen" on its broadband network. These services are presented as communication and network solutions for small businesses seeking simple, flexible, reliable, and cost-effective options.

Digerati also highlights that it has developed an integration platform to support mergers and acquisitions in what it describes as a highly fragmented market. Through this platform and its carrier-grade network, the company reports that it delivers business solutions under the Verve Cloud brand and related legacy brands referenced in its disclosures. The company’s communications emphasize recurring revenue from cloud-based hosted services and a focus on optimizing its customer base toward higher-margin, profitable revenue streams.

Verve Cloud UCaaS and Connectivity Platform

Verve Cloud, Inc., identified as Digerati’s operating subsidiary in several news releases, is described as the vehicle through which the company delivers its UCaaS and connectivity solutions. The company states that Verve Cloud provides:

• Cloud PBX – hosted private branch exchange services delivered via the cloud.
• Cloud telephony – voice communications delivered over its network.
• Cloud WAN – wide-area network connectivity delivered as a cloud service.
• Cloud call center – call center capabilities provided as a cloud-based solution.
• Cloud mobile – mobile-focused communications delivered via the cloud.
• Broadband network services – referred to by the company as the delivery of "digital oxygen" on its broadband network.

The company’s disclosures indicate that Verve Cloud’s solutions are used by customers across a range of industries, including restaurant chains, healthcare providers, hotels, and retail businesses, with multi-location footprints and long-standing relationships. Digerati reports that these customers use its cloud UCaaS and connectivity solutions to standardize equipment on site, consolidate voice and broadband services, streamline billing and support, and maintain flexibility to scale as they expand locations.

Digerati has also reported that Verve Cloud entered into a favored-nations agreement and partnership with Vida Global, Inc., a conversational AI technology company. Under that agreement, Verve and Vida plan to integrate Vida’s conversational AI technology with Verve’s voice platform to enhance Verve’s UCaaS product suite. The company has stated that the goal is to incorporate conversational AI capabilities that can support functions such as customer interactions, scheduling, lead qualification, and workflow automation for business users on Verve’s platform.

WaivCloud and Co-location Infrastructure

In more recent disclosures, Digerati describes itself as a holding company that, through its subsidiary WaivCloud, Inc., provides co-location and related technology infrastructure solutions to business customers across the United States. The company indicates that WaivCloud is a colocation services provider focused on secure, reliable, and scalable data center solutions aimed at reducing downtime and streamlining operations for clients.

Digerati reports that, following a refinancing and debt-for-equity exchange involving its former subsidiary Verve Cloud, Inc., it retained WaivCloud as Verve Cloud’s nationwide co-location business. The company states that this business generates recurring monthly revenue and that Digerati has repositioned itself around WaivCloud as a client-focused nationwide provider of co-location services. According to the company, WaivCloud’s approach emphasizes personalized support, responsiveness, and a focus on understanding each client’s needs.

Business Focus and Operating Approach

Across its communications, Digerati emphasizes several recurring themes in its business model:

• Recurring revenue from cloud-based hosted services and co-location, with a focus on monthly recurring revenue.
• SMB and business market orientation, particularly small and medium-sized businesses that seek cloud-based communication and connectivity solutions.
• Customer support and service, with repeated references to exceptional customer support, availability, and long-term client relationships.
• Integration and acquisition platform, where the company describes its platform as designed to support mergers and acquisitions in a fragmented communications and cloud services market.

Digerati’s public statements also reference efforts to streamline operations, reduce debt, and concentrate on profitable revenue streams. The company has described actions such as winding down legacy or unprofitable revenue segments, integrating past acquisitions, and focusing on higher-margin customers as part of its approach to improving financial performance.

Geographic and Market Reach

The company reports that, through Verve Cloud, it serves business users primarily in California, Texas, and Florida, with customers that have locations nationwide. Examples provided by Digerati include restaurant chains, healthcare providers, hotel groups, and retail clothing businesses that use its cloud communications and broadband services across dozens of locations. The company highlights average customer tenure measured in years and notes that its platform supports tens of thousands of business users.

Through WaivCloud, Digerati describes its co-location and technology infrastructure solutions as serving business customers across the United States. The company characterizes WaivCloud’s services as secure, reliable, and scalable data center offerings intended to reduce downtime and streamline operations for clients.

Corporate Actions and Structure

Digerati has disclosed several corporate actions related to its structure and focus. These include a refinancing and debt-for-equity exchange involving its former subsidiary Verve Cloud, Inc., which resulted in the divestiture of Digerati’s controlling interest in that subsidiary while retaining the nationwide co-location business under WaivCloud. The company has also announced leadership changes, including the appointment of a new Chairman and Chief Executive Officer, and has described a renewed focus on recurring revenue growth and an acquisition strategy centered on complementary businesses.

In more recent communications, Digerati describes itself as a holding company with co-location and related technology infrastructure solutions, while earlier releases emphasize its role as a provider of UCaaS solutions through Verve Cloud. These disclosures together indicate that the company’s activities have included both UCaaS and co-location services, with a stated emphasis on recurring revenue and business customers.

Industry Classification

Digerati is classified in the Information sector and associated with wired telecommunications carriers. Its own descriptions focus on cloud services, UCaaS, broadband connectivity, and co-location infrastructure, positioning the company within the broader communications and cloud infrastructure space serving business and SMB customers.