About Freedom Mobile
Freedom Mobile is a company based in Toronto (Canada) founded in 2009 was acquired by Videotron in June 2022.. Freedom Mobile offers products and services including Mobile Plans, Phones, Home Internet, and TV Services. Freedom Mobile operates in a competitive market with competitors including MTN, Jio, Airtel, SK Telecom and Optus, among others.
- Headquarter Toronto, Canada
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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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- Legal Name Freedom Mobile Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$312 M (USD), Debt – Conventional
Dec 10, 2015
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Investors
Canadian Imperial Bank of Commerce
& 9 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Freedom Mobile
Freedom Mobile offers a comprehensive portfolio of products and services, including Mobile Plans, Phones, Home Internet, and TV Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Affordable data, talk, and text plans with 5G access
Certified pre-owned and new smartphones for purchase
Budget home internet packages with reliable speeds
Streaming options for events like sports playoffs
Funding Insights of Freedom Mobile
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $312.0M
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First Round
First Round
(10 Dec 2015)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2015 | Amount | Debt – Conventional - Freedom Mobile | Valuation |
investors |
| 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 |
Investors in Freedom Mobile
Freedom Mobile has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce, Videotron and Shaw Communications. 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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Investments in consumer brands are managed by Serruya Private Equity.
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Founded Year | Domain | Location | |
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Venture capital is provided to Canadian tech and offline companies.
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Founded Year | Domain | Location | |
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Loans, investments, and financial services are provided to businesses.
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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 Freedom Mobile
| Company Name | Description | Domain | Location | Founded Year | Amount |
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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 |
Financial Statements - Freedom Mobile
| 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 |
Freedom Mobile Comparisons
Competitors of Freedom Mobile
Freedom Mobile 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 MTN, Jio, Airtel, SK Telecom and Optus, 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 |
MTN Group is recognized as a leading telecommunications provider in Africa.
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| domain | founded_year | HQ Location |
Provider of telecommunication services
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| domain | founded_year | HQ Location |
Airtel is recognized as a provider of telecommunications and internet services.
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| domain | founded_year | HQ Location |
Provider of integrated telecommunication services
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| domain | founded_year | HQ Location |
Mobile internet services are provided for homes and offices.
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| domain | founded_year | HQ Location |
Integrated telecom service provider
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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 Freedom Mobile
Frequently Asked Questions about Freedom Mobile
When was Freedom Mobile founded?
Freedom Mobile was founded in 2009 and raised its 1st funding round 6 years after it was founded.
Where is Freedom Mobile located?
Freedom Mobile is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does Freedom Mobile do?
Freedom Mobile was established in 2009 as a telecommunications provider based in Toronto, Canada. Wireless services, including 3G and 4G LTE connectivity, Wi-Fi calling, hotspots, international roaming, and bundled voicedata plans, are offered to residential and business users nationwide. The company was acquired by Shaw Communications in 2016, leading to expanded network infrastructure and a rebranding to support LTE rollout.
Who are the top competitors of Freedom Mobile?
What products or services does Freedom Mobile offer?
Freedom Mobile offers Mobile Plans, Phones, Home Internet, and TV Services.
Who are Freedom Mobile's investors?
Freedom Mobile has 10 investors. Key investors include Canadian Imperial Bank of Commerce, Videotron, Shaw Communications, Tennenbaum Capital Partners, and TD Securities.