SurgePays, Inc. will debut a new dealer and Master Distributor compensation model for LinkUp Mobile at the All Wireless & Prepaid Expo 2026, aiming to accelerate distribution growth and drive subscriber acquisition. The new model builds on an amended wholesale carrier agreement expected to lower subscriber acquisition and recurring service costs, supporting expanded operating margins as LinkUp Mobile scales. The event is scheduled for August 18-19 at Caesars Palace in Las Vegas.

Derron Winfrey, President of Sales and Operations at SurgePays, will speak on the featured C-Suite panel, "A Conversation with the C-Suite: The Next Era of Prepaid." He will join David Kim, Chief Revenue Officer of Verizon Value, and Daniel Barsoum, Chief Executive Officer of Qué Tal Móvil, for a discussion on distribution, branding, digital strategy, dealer partnerships, and retail profitability. The panel will be moderated by Jeff Moore, Principal of Wave 7 Research.

Strategic Initiatives

The new compensation model is designed to incentivize Master Distributors to grow the dealer network while encouraging dealers to increase LinkUp's recurring subscriber base. The company stated that the plan has been years in the making and is intended to be unmatched in the prepaid wireless industry.

SurgePays operates a nationwide ecosystem that includes its own wireless brands, LinkUp Mobile and Torch Wireless, and a proprietary point-of-sale platform deployed in thousands of retail locations. The platform enables wireless activations, top-ups, financial transactions, and other digital services used daily by prepaid and subprime customers.

Event Details

SurgePays is a Silver Sponsor of the All Wireless & Prepaid Expo 2026 and will exhibit at Booth #717 throughout the two-day event. Prospective Master Distributors, retail partners, and industry contacts can schedule a meeting with the SurgePays team by contacting ir@surgepays.com .

SurgePays Inc. shares rose 38.08% to close at $0.57 on Thursday, after the Tennessee-based wireless and fintech company amended its agreement with AT&T Inc. The deal restructures wholesale pricing and eliminates a prior $50 million minimum purchase commitment over three years, wiping the related contingent liability from SurgePays’ balance sheet. This strategic shift is expected to lower both customer acquisition and recurring subscriber costs through improved wholesale pricing, enhancing operating margins as the company scales.

According to the company, AT&T Inc. also adjusted previously invoiced non-usage charges, a move expected to cut accounts payable by roughly $10.3 million and generate an $8.5 million gain relating to expenses previously reported for the three months ended Mar. 31. The financial impact will favorably affect the company’s net income and stockholders’ equity for the period. The amendment, effective July 01, 2026, removes the aggregate minimum purchase requirement over the initial three-year term.

Chief Financial Officer Chelsea Pullano said the amendment "removes a significant contingent liability from our balance sheet while improving the economics of every subscriber we add going forward." Chief Executive Officer Brian Cox highlighted that the agreement removes a legacy constraint that no longer reflects actual usage. "By eliminating a fixed commitment that did not reflect actual usage and moving to a model aligned with our activity, we expect to lower our cost of goods sold and expand margins across our subscriber base," Cox stated.

Financial Impact

The agreement modification delivers immediate balance sheet relief and operational flexibility. The elimination of the $50.0 million commitment removes a significant future liability, while the debt forgiveness provides an immediate boost to equity.

Trading Metrics

SurgePays has a market capitalization of $10.45 million. The stock has traded between a 52-week high of $3.45 and a 52-week low of $0.34. Volume for the telecom company surged well above normal levels on Thursday, rising to 70.68 million shares compared with an average daily volume of 191.27K shares. The stock has a Relative Strength Index (RSI) of 44.18. Over the past 12 months, SURG has dropped 86.87%.