SurgePays signs LOI for rent-to-own smartphone JV, plans 500 locations
SurgePays will hold a 51% stake in a joint venture expanding its smartphone rent-to-own program after adding 100+ dealers, targeting 500 locations by year end.
SurgePays said it will hold a 51% stake in a joint venture centered on rent-to-own smartphones, building on early traction in the program. The company said more than 100 dealers have already been onboarded, and it is targeting 500 locations by year end. BARTLETT, Tenn., Sept. 17, 2026 -- SurgePays, Inc.
NASDAQ:SURG said the update was issued through Globe Newswire.