SurgePays Smashes 2024 Revenue Goals, Eyes $200M+ in 2025 with AT&T Boost
DENVER, Colo., Mar 26, 2025 (247marketnews.com)- SurgePays (NASDAQ:SURG) reported that its 2024 financial results beat revenue projections, despite the Affordable Connectivity Program (ACP) wind-down. With its AT&T integration locked and live starting April 1, 2025, SurgePays is forecasting a blockbuster $200 million-plus in revenue over the next 12 months and positive cash flow by year-end,its boldest growth phase yet.
Brian Cox, Chairman and CEO of SurgePays, stated, “We built the infrastructure. Now we are scaling. With AT&T integration complete and LinkUp Mobile launching nationally, SurgePays is positioned for the most aggressive revenue growth phase in our history.”
Last year was a pivot point. SurgePays rolled out LinkUp Mobile nationwide, shipping 250,000-300,000 SIMs monthly through its 9,000-store retail network. A November 2024 AT&T deal unleashed 4G LTE and 5G access across North America, fully integrated by spring. The company also flipped on its MVNE wholesale platform, a high-margin gem provisioning SIMs and billing for other wireless outfits. Meanwhile, its POS platform, powering thousands of stores, jacked prepaid top-up revenue 400% from Q1 to Q2, doubling as a launchpad for LinkUp and third-party services. Post-ACP, SurgePays held onto Lifeline-eligible subscribers via Torch Wireless, with daily enrollments humming.
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