Digerati Technologies (OTCQB:DTGI) has announced an update on its acquisition of T3 Communications, a provider of cloud communication and broadband solutions.

As quoted in the press release:

On May 9, 2017, the Company announced that it had entered into a definitive agreement to acquire T3 and, subject to regulatory approval, anticipated closing the transaction in approximately 90 days. Upon signing the definitive agreement, the parties proceeded with filings and notifications with the Florida Public Service Commission and the Federal Communications Commission as required for a transaction resulting in a change in control. The regulatory approval process is well underway and it is anticipated that the closing will occur in 45-60 days.

Based in Fort Myers, T3 is Southwest Florida’s local provider of quality communication services and solutions that maintains a 99% customer satisfaction rating. As an established provider, T3 has been exceeding the needs of a growing business community, enabling its customers to communicate and compete in the global market. T3’s robust offering of communication solutions is backed by cutting-edge technology, superior reliability and unrivaled support. For more information on T3, please visit www.t3com.com.

Click here to read the full press release.