About DERYtelecom
DERYtelecom is a company based in Saguenay (Canada) founded in 1954 by Gilles Dery was acquired by Cogeco in October 2020.. The company has 64 employees as of December 31, 2024. DERYtelecom has completed 1 acquisition, including Cable Axion Digitel. DERYtelecom operates in a competitive market with competitors including Hong Kong Broadband Network, KPN, Cogeco, British Telecom and Ciena, among others.
- Headquarter Saguenay, Canada
- Employees 64 as on 31 Dec, 2024
- Founders Gilles Dery
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Sectors
Telecommunications
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
64
as on Dec 31, 2024
- Investments & Acquisitions
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Acquired by
Cogeco
(Oct 21, 2020)
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Funding Insights of DERYtelecom
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DERYtelecom
DERYtelecom has secured backing from 1 investor. Prominent investors backing the company include Cogeco. 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.
| Investor | Description | Founded Year | Domain | Location |
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Fiber-optic internet, TV, and fixed-line telephone services provider
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by DERYtelecom
DERYtelecom has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cable Axion Digitel. 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.
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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TV, internet, and phone services are provided to Canadian customers.
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1984 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - DERYtelecom
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Derytelecom Comparisons
Competitors of DERYtelecom
DERYtelecom 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 Hong Kong Broadband Network, KPN, Cogeco, British Telecom and Ciena, 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 |
Provider of fibre optic broadband internet services
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| domain | founded_year | HQ Location |
Mobile and fixed-line telecommunication services are provided across Europe.
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| domain | founded_year | HQ Location |
Fiber-optic internet, TV, and fixed-line telephone services provider
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| domain | founded_year | HQ Location |
Provider of mobile phones and fiber broadband services for home & business
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| domain | founded_year | HQ Location |
Cloud-based network management software is provided for infrastructure planning.
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| domain | founded_year | HQ Location |
Datacenter colocation, communication technology, and managed services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Derytelecom
Frequently Asked Questions about DERYtelecom
When was DERYtelecom founded?
DERYtelecom was founded in 1954.
Where is DERYtelecom located?
DERYtelecom is headquartered in Saguenay, Canada. It is registered at Saguenay, Quebec, Canada.
How many employees does DERYtelecom have?
As of Dec 31, 2024, the latest employee count at DERYtelecom is 64.
What does DERYtelecom do?
DERYtelecom was founded in 1954 in Saguenay, Canada, as a provider in the telecommunications sector. Fixed-line broadband internet access is offered with speeds up to 30 Mbps, alongside various speed-based plans, local and long-distance telephony, bundled options, managed WiFi, and digital TV services. Installation, maintenance, and support are included for residential and business customers. Operations focus on Canada, with expansion achieved through acquisitions.
Who are the top competitors of DERYtelecom?
How many acquisitions has DERYtelecom made?
DERYtelecom has made 1 acquisition, including Cable Axion Digitel.
Who are DERYtelecom's investors?
DERYtelecom has 1 investor. Key investors include Cogeco.
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