-
Brazil's Lula hails new oil find as 'passport to the future'
-
Paramount demands $1.9 billion surety over states' merger lawsuit
-
Rybakina slogs through double rain delays in Cincinnati win
-
Latest developments in US-Iran war
-
Two largest US reservoirs hit record lows amid western drought
-
NBA has no evidence of Clippers salary cap cheating: report
-
Colombian minister under fire over beach holiday post-quake
-
Boehly and Walter consider selling Chelsea stake to Clearlake Capital
-
Lamour leaves key FIFA position after criticising Infantino
-
OpenAI to lease massive new AI data center in US, backed by Nvidia
-
Buss family sells 17.8% stake in Lakers to Iger group
-
US stocks fall on spiking bond yields, higher oil prices
-
Mangione state murder trial postponed after federal guilty plea
-
LIV Golf cancels Michigan event, to decide team title at Indy
-
Trump envoy says Hamas disarmament could begin within 30 days
-
Rodri arrives at Barcelona to complete 'dream' move
-
US pauses construction of border project in Texas national park
-
Discord suspends livestreams in Brazil after teen's suicide
-
Thousands mourn dead black academic in London vigil
-
Tupac Shakur's accused killer was out for 'revenge', jury hears
-
South Africa Test series a lot tougher than a World Cup says All Blacks coach Rennie
-
Netanyahu presses role for US general in Hamas disarmament
-
Coventry sign Nigeria striker Awoniyi from Forest
-
US-Palestinian says 'terrified' as he returns to property besieged by settlers
-
TripleDart tops $7 million ARR with AI-led growth, reports 50 per cent EBIT margin
-
Amboss Opens Affiliate Program: Earn Recurring Bitcoin Commissions by Growing Bitcoin Payments
-
Bipartisan backlash as Trump scales back US-South Korea drills
-
Netanyahu, Kushner discuss US general for Hamas disarmament: Israeli official
-
'Never seen one like it': German pensioners flee wildfire
-
Scottish FA withdraws support for FIFA boss Infantino
-
Ipswich sign Enciso and Ouattara in double raid on Strasbourg
-
Belgium fire halts short of German border, but not 'contained'
-
UN laments 'unacceptable' toll of 350 aid workers killed in 2025
-
Number one Shi suffers shock first-round exit at badminton worlds
-
Former child star actress Hayden Panettiere dead at 36
-
Kolisi and Nche may miss South Africa Test against New Zealand
-
Pakistan captain Babar Azam doubtful for England opener
-
Trump threatens Oman: latest developments in US-Iran war
-
Pentagon inks Tomahawk deal amid reports of missile shortfall
-
Stocks lower as Hormuz concerns and high oil prices persist
-
Rain halts India push after Dinusha century lifts Sri Lanka
-
Crowds turn out for 'Total Eclipse' singer Bonnie Tyler's funeral
-
Dinusha hits century as Sri Lanka post 284 in first India Test
-
Mali jails junta-critic broadcaster, influencer for seven years
-
Stocks steady as investors weigh US rate path
-
'Nowhere to run': Indonesian quake survivors plead for help
-
Taiwan's leader says government to propose record defence spending for 2027
-
Belgium fire makes 'limited' spread overnight, more help on way
-
Cambridge head slams 'feeding frenzy' over dead academic
-
Vingegaard brings curtain down on season
EXXE Group Expands U.S. Operations Through Onboarding of Telecom Infrastructure Services Platform
* Telecom infrastructure operations to contribute over $1 million in annualized revenue
* 50 million AXXA shares canceled; Approx. 80 million canceled since March 2026
* EXXE projects FY2026 revenue of $67-69 million
SHERIDAN, WY / ACCESS Newswire / April 24, 2026 / EXXE Group Inc. (OTC PINK:AXXA) ("EXXE" or the "Company") today announced the onboarding and operational integration of a telecom infrastructure services provider in Wisconsin as part of its services and platform operations.
The integrated operations include an existing team and an active project-based focus on fiber-optic installation, supporting the development of high-speed, reliable telecommunications networks.
EXXE Platform Overview
EXXE operates its platform model by providing management, advisory, and operational services across a diversified portfolio of projects.
The Company is currently involved in approximately 25 real estate projects with total economic value exceeding $100 million while also supporting operating businesses across multiple industry verticals.
Operational Scope
Fiber optic installation services include planning, trenching, cable placement, splicing, and testing to ensure reliable network performance.
Through this integration, EXXE provides management and operational coordination services, including:
Equipment lease financing
Sourcing, recruitment, and training of installation personnel
Coordination of field operations and project execution
Logistics coordination for the timely delivery of materials and equipment
Revenue Base and Expansion
Telecom infrastructure services integration is expected to contribute over $1 million in annualized revenue, based on recent operating activity, and to offer a clear path for expansion.
EXXE is focused on growing this revenue base through:
Increasing the number of active installation crews
Expanding equipment capacity through leasing programs
Broadening project coverage across additional U.S. regions
This approach supports scalable growth while maintaining capital efficiency.
Consistency with EXXE's Business Model
This initiative is consistent with EXXE's broader business model, under which the Company generates revenue through services, management, and participation across multiple sectors.
Telecom infrastructure services represent an additional vertical within this framework and complement existing activities where infrastructure and connectivity services enhance operational performance.
EXXE Projected 2026 Revenue
EXXE Group's fiscal year ended March 31, 2026, with the financial report expected to be filed in mid-July.
The Company currently projects full-year revenue in the range of $67-69 million.
Revenue generated from telecom infrastructure services will be reflected in fiscal year 2027, which began April 1, 2026.
Share Structure Update
EXXE has completed two additional AXXA common share cancellation tranches as part of its capital structure optimization efforts:
12 million shares canceled following the March 24, 2026 announcement
38 million shares canceled associated with operational and financial restructuring initiatives
In total, the Company has canceled approximately 80 million shares since March 12, 2026.
EXXE anticipates additional share cancellations and will continue to report updates through Transfer Agent confirmations and OTC Markets disclosures.
Management Commentary
"This reflects continued execution of our model across new verticals," said Eduard Nazmiev, CEO of EXXE Group. "We are expanding our U.S. operations while maintaining consistency with our broader revenue platform."
About EXXE Group
EXXE Group operates an asset-light platform focused on monetizing real assets and operating businesses through strategic advisory, operational scaling, and capital events such as refinancing. The company sources and structures opportunities across real estate, infrastructure, and revenue-generating businesses, including sectors such as automotive services, healthcare products, design, agriculture, and technology. EXXE generates recurring revenues through platform services including advisory, fintech solutions, and operational integration designed to scale and monetize partner businesses and assets.
For additional information please visit the Company's:
Website: https://exxegroup.com
x.com: https://x.com/exxegroup
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release.
CONTACT: EXXE Group IR: [email protected]
SOURCE: Exxe Group, Inc.
View the original press release on ACCESS Newswire
A.Clark--AT