Broadband Networks

Winnipeg, Canada Founded: 1994 • Age: 32 yrs Acquired By Nortel
Fixed broadband wireless networks are designed, manufactured, and deployed.
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About Broadband Networks

Broadband Networks was founded in 1994 in Winnipeg, Canada, within the telecommunications sector. Fixed broadband wireless communications networks were designed, manufactured, and deployed by the company across frequencies from 2 GHz to 42 GHz. Operations centered on services including voice, data, Internet, video, and asynchronous transfer mode. Acquisition by Northern Telecom, now known as Nortel, occurred in an all-stock transaction shortly before the companys initial public offering.

  • Headquarter Winnipeg, Canada
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Whitecap VP

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Nortel

    (Nov 02, 1997)

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Funding Insights of Broadband Networks

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 1996 Amount Series A - Broadband Networks Valuation

investors

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 Broadband Networks

Broadband Networks has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Whitecap VP and Nortel. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Whitecap VP is engaged in venture capital investments for startups.
Founded Year Domain Location
Provides virtual overlay network solutions for businesses.
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 Broadband Networks

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

Financial Statements - Broadband Networks

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

Broadband Networks Comparisons

Employees
+
Add Comparison
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Competitors of Broadband Networks

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 Broadband Networks

Frequently Asked Questions about Broadband Networks

When was Broadband Networks founded?

Broadband Networks was founded in 1994 and raised its 1st funding round 2 years after it was founded.

Where is Broadband Networks located?

Broadband Networks is headquartered in Winnipeg, Canada. It is registered at Winnipeg, Manitoba, Canada.

What does Broadband Networks do?

Broadband Networks was founded in 1994 in Winnipeg, Canada, within the telecommunications sector. Fixed broadband wireless communications networks were designed, manufactured, and deployed by the company across frequencies from 2 GHz to 42 GHz. Operations centered on services including voice, data, Internet, video, and asynchronous transfer mode. Acquisition by Northern Telecom, now known as Nortel, occurred in an all-stock transaction shortly before the companys initial public offering.

Who are Broadband Networks's investors?

Broadband Networks has 2 investors. Key investors include Whitecap VP, and Nortel.

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