Boost Worldwide

Irvine, United States Founded: 2002 • Age: 24 yrs Acquired By Telstra
Prepaid cell phones no contract plans
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About Boost Worldwide

Boost Worldwide is a company based in Irvine (United States) founded in 2002 was acquired by Telstra in December 2024.. Boost Worldwide has completed 1 acquisition, including Gen Mobile. Boost Worldwide operates in a competitive market with competitors including Ultra Mobile, Lebara, StraightTalk, Cricket Wireless and blue Mobilfunk, among others.

  • Headquarter Irvine, United States
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Telstra

    & 3 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Telstra

    & 2 more

    (Dec 19, 2024)

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Funding Insights of Boost Worldwide

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2018 Amount Private Equity Round - Boost Worldwide Valuation

investors

EHL
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Boost Worldwide

Boost Worldwide has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Telstra, DISH and EHL Hospitality Business School. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
EHL Hospitality Business School is recognized for providing experiential education in hospitality management.
Founded Year Domain Location
-
Founded Year Domain Location
Telecommunications and information services are provided across Australia.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Boost Worldwide

Boost Worldwide has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Gen Mobile. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Wireless internet services are provided by Gen Mobile to users.
2002
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Boost Worldwide

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Boost Worldwide Comparisons

Employees
+
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Competitors of Boost Worldwide

Boost Worldwide 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 Ultra Mobile, Lebara, StraightTalk, Cricket Wireless and blue Mobilfunk, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
T-Mobile MVNO offering unlimited talk & data plans with international calling
domain founded_year HQ Location
Pre-paid mobile SIM cards are provided for international communities.
domain founded_year HQ Location
Operates as a mobile virtual network operator through a partnership between Tracfone and Walmart.
domain founded_year HQ Location
Offers prepaid wireless services, phones, and plans with no contracts or credit checks.
domain founded_year HQ Location
MVNO prepaid services are offered to discount markets in Germany.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Boost Worldwide

Frequently Asked Questions about Boost Worldwide

When was Boost Worldwide founded?

Boost Worldwide was founded in 2002 and raised its 1st funding round 16 years after it was founded.

Where is Boost Worldwide located?

Boost Worldwide is headquartered in Irvine, United States. It is registered at Irvine, California, United States.

What does Boost Worldwide do?

Boost Mobile was founded in 2002 through a joint venture with Nextel Communications as a mobile virtual network operator. Prepaid services for Android and feature phones are delivered without contracts, utilizing the Nextel iDEN network alongside Sprints CDMA infrastructure. After Nextels acquisition by Sprint Corporation in 2006, operations have been maintained across the United States from Irvine, California, focusing on accessible wireless connectivity.

Who are the top competitors of Boost Worldwide?

Boost Worldwide's top competitors include Ultra Mobile, Lebara and Simyo Spain.

How many acquisitions has Boost Worldwide made?

Boost Worldwide has made 1 acquisition, including Gen Mobile.

Who are Boost Worldwide's investors?

Boost Worldwide has 4 investors. Key investors include Telstra, DISH, EHL Hospitality Business School, and Nextel Communications.

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