Digerati Technologies Expands International Reach with Acquisition of Ricochet Global

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Digerati Technologies Expands International Reach with Acquisition of Ricochet Global Digerati Technologies Expands International Reach with Acquisition of Ricochet Global 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. (O...

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