SurgePays Announces Master Services Agreement With TerraCom, Inc., Effective October 3, 2024
Portfolio Pulse from Benzinga Newsdesk
SurgePays, Inc. has signed a Master Services Agreement with TerraCom, Inc., effective October 3, 2024. The agreement includes a plan for SurgePays to acquire a majority stake in TerraCom, pending regulatory approval.
October 10, 2024 | 12:43 pm
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SurgePays has entered into a Master Services Agreement with TerraCom and plans to acquire a majority stake in the company, pending regulatory approval. This move could expand SurgePays' market presence in the telecom sector.
The MSA with TerraCom and the planned acquisition of a majority stake could significantly enhance SurgePays' market position and growth prospects in the telecom industry. The regulatory approval is a key factor, but the announcement is likely to positively impact SurgePays' stock in the short term.
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