SurgePays Inc. Soars 82.61% on Strategic Moves

On March 26, 2025, SurgePays Inc. (SURG) experienced a significant surge in its pre-market trading, rising by 82.61%. This substantial increase reflects the market's positive response to the company's recent strategic developments and financial performance.

SurgePays has successfully completed its integration with AT&T, positioning the company for its most aggressive growth phase to date. The integration, which was finalized in April 2025, provides SurgePays with full access to 4G LTE and 5G wireless services across North America. This strategic move is expected to drive positive cash flow from operations by the end of 2025, as projected by the company.

The company has also launched its retail prepaid wireless brand, LinkUp Mobile, nationwide. With a robust demand from its extensive retail distribution network, SurgePays anticipates monthly SIM card shipments of 250,000–300,000. Additionally, SurgePays has expanded its offerings to include wireless infrastructure services as a Mobile Virtual Network Enabler (MVNE), which is expected to scale rapidly and contribute to high-margin revenue.

Despite the end of the federally funded ACP era, SurgePays has managed to retain a portion of its wireless subscriber base and is transitioning eligible customers to the federally supported Lifeline program. The company's point-of-sale (POS) software platform, used in thousands of retail locations, has seen a significant growth in prepaid wireless top-up revenue, increasing by over 400% from Q1 to Q2 2024. This platform serves as a critical distribution and activation tool for both LinkUp Mobile and third-party services.

SurgePays' leadership team has been strengthened with key promotions, including Mark Garner to Executive Vice President and Allison Seyler to VP of Sales. These strategic hires are expected to support the company's growth and execution of its business plans.