SurgePays reports 23% monthly growth in smartphone rent-to-own sales
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SurgePays Reports 23% Month-Over-Month Growth in Smartphone Rent-to-Own Program, Reaching $176,000 in July Retail Sales
August 11, 2026 8:30 AM EDTJoint Venture Discussions Continue as Company Evaluates Smartphone Rent-to-Own Program as Standalone Revenue Channel
BARTLETT, Tenn., Aug. 11, 2026 (GLOBE NEWSWIRE) -- SurgePays, Inc. (NASDAQ: SURG) ("SurgePays" or the "Company"), a wireless and fintech company connecting subprime and underserved consumers to essential mobile and financial services, today announced continued growth in its smartphone rent-to-own program with All Prepaid, LLC, dba LowWeeklyPayments ("LWP"). Retailer sales through the program reached approximately $176,000 in July, representing a 23% increase over June sales of $142,725. Since launching in April, the program has grown from approximately $1,500 in monthly retailer sales to more than $176,000... More
