About Algar Telecom
Algar Telecom is a company based in Uberlandia (Brazil) founded in 1954. Algar Telecom has raised $269.7 million across 3 funding rounds from investors including GIC. Algar Telecom has completed 2 acquisitions, including Smartlink and Vogel Telecom. Algar Telecom operates in a competitive market with competitors including Jio, MTN, Airtel, Proximus Group and AT&T, among others.
- Headquarter Uberlandia, Brazil
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Sectors
Telecommunications
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People of Algar Telecom
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Funding Insights of Algar Telecom
Algar Telecom has successfully raised a total of $269.7M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $26 million completed in May 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Algar Telecom
Algar Telecom has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include GIC.
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Sovereign wealth is managed and private equity investments are facilitated.
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Investor details for Algar Telecom
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Investments & Acquisitions by Algar Telecom
Algar Telecom has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Smartlink and Vogel Telecom.
Investment portfolio details for Algar Telecom
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Full-package garment manufacturing is provided, including design, sourcing, and production.
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Internet and fiber optic services are provided in Brazil.
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Complete acquisition details for Algar Telecom
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Financial Statements - Algar Telecom
Detailed financials for Algar Telecom
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Algar Telecom Comparisons
Peer comparison for Algar Telecom
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Competitors of Algar Telecom
Algar Telecom operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jio, MTN, Airtel, Proximus Group and AT&T, among others.
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Provider of telecommunication services
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MTN Group is recognized as a leading telecommunications provider in Africa.
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Airtel is recognized as a provider of telecommunications and internet services.
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Telephony, internet, television, and network-based ICT services are provided.
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Mobile internet, TV, and telecommunication services are provided.
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Mobile internet services are provided for homes and offices.
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Detailed competitors of Algar Telecom
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Latest news on Algar Telecom
Complete news archive for Algar Telecom
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Frequently Asked Questions about Algar Telecom
Algar Telecom was founded in 1954 and raised its 1st funding round 64 years after it was founded.
Algar Telecom is headquartered in Uberlandia, Brazil. It is registered at Uberlandia, Minas Gerais, Brazil.
Algar Telecom is a funded company, having raised a total of $269.7M across 3 funding rounds to date.
Algar Telecom was established in 1954 in Uberlândia, Brazil, as a provider of integrated telecommunication services. Operations are centered in the telecom sector, with services encompassing fixed and mobile telephony, broadband internet, and data solutions. Coverage extends across various regions of Brazil, supporting both residential and corporate clients through a network of infrastructure and digital platforms. The company maintains its headquarters in Uberlândia.
Algar Telecom's top competitors include MTN, Proximus Group and AT&T.
Algar Telecom has made 2 acquisitions, including Smartlink, and Vogel Telecom.
Algar Telecom has 1 investor. Key investors include GIC.