SurgePays Expands Prepaid Wireless Distribution with Formation of Redline Wireless Group Across 20,000 Plus Dealers, Targeting More Than 1 Million Subscribers

BARTLETT, Tenn., Aug. 06, 2026 (GLOBE NEWSWIRE) -- SurgePays, Inc. (NASDAQ: SURG) ("SurgePays" or the "Company"), a wireless and fintech technology company connecting subprime and underserved consumers to essential mobile and financial services, announces the expansion of its prepaid wireless distribution through the formation of Redline Wireless Group, LLC ("Redline"), a Wyoming limited liability company established as a joint venture between the Company and one of the largest wireless master distribution organizations in the United States (the "Contributing Member"), which operates an executed dealer agreement footprint of more than 20,000 active independent prepaid wireless dealers. Redline has been formed to market, distribute, and support prepaid wireless services nationwide across this independent dealer footprint.

Redline will combine, in a single joint venture entity, the Company's MVNO infrastructure, including the LinkUp Mobile consumer brand, billing and provisioning systems, customer service and technical support, general and administrative infrastructure, and the Company's operations center, with access to the Contributing Member's national independent dealer prepaid wireless distribution channel.