Digerati Technologies, Inc. (OTCPK:DTGI) acquired SkyNet Telecom on January 5, 2022. The Company utilized its $20 million financing facility with Post Road Group to complete its acquisition of SkyNet Telecom. SkyNet is expected to have an immediate and positive impact on the consolidated EBITDA and operating income of the Company with additional improvements to be realized during FY2022 from the anticipated cost synergies and consolidation savings derived from this acquisition. Digerati Technologies, Inc. (OTCPK:DTGI) completed the acquisition of SkyNet Telecom on January 5, 2022.