Digerati Technologies, Inc. Appoints Timothy Foss as Vice President of International Business Development
January 22, 2019 at 09:00 am
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Digerati Technologies, Inc. announced that it has entered into an agreement to acquire a minority ownership stake in Itellum Comunicaciones Costa Rica S.R.L (“Itellum”). Under the agreement, Digerati will expand on its long-standing relationship with Itellum as a regional Partner and Value-Added Reseller (“VAR”) for its cloud communication services. Digerati’s purchase secures Itellum as an exclusive provider of Digerati’s services and positions the Company to better serve a growing region with business and cultural ties to the U.S. In addition, Digerati will enhance its management team with Timothy Foss, Founder and CEO of Itellum, who is taking the role of Vice President of International Business Development for Digerati, Mr. Foss relocated to Costa Rica eleven years ago to capitalize on the opportunities that occurred upon deregulation of the country’s telecom market. He has since secured key telecom licenses and established Itellum as a leading provider in the region with Internet, fiber optic, and cloud communication solutions tailored for the mid-size business or regional operations for the larger enterprise. Prior to founding Itellum, Mr. Foss held positions in the U.S. with Bell South, AT&T, and IDT Corporation as the Director of New Business Development - North America.
Digerati Technologies, Inc. provides cloud services specializing in unified communications as a service (UCaaS) and broadband connectivity solutions for the business market. The Company's product line includes a portfolio of Internet-based telephony products and services delivered through its cloud application platform and session-based communication network and network services, including Internet broadband, fiber, mobile broadband, and cloud WAN solutions (SD WAN). It provides carrier-grade services to small-to-medium-sized businesses (SMB). Its UCaaS or cloud communication services include video conferencing, mobile applications, voice over internet protocol (VoIP) transport, and customized VoIP services, among others. The Company's broadband connectivity solutions for the delivery of digital oxygen are designed for reliability, business continuity and to optimize bandwidth for businesses using the Company's cloud communication services and other cloud-based applications.