Invitel

Budapest, Hungary Founded: 1995 • Age: 31 yrs Acquired By 4iG
Fixed-line telecom and broadband services provider
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About Invitel

Invitel is a company based in Budapest (Hungary) founded in 1995 was acquired by 4iG in March 2021.. Invitel has raised $14.61 million across 1 funding round from investors including 4iG, One and ATP Private Equity Partners. Invitel offers products and services including Mobile Services, Internet Services, and TV Services. Invitel operates in a competitive market with competitors including British Telecom, Wave Broadband, UPC Hungary and Universal Cable, among others.

  • Headquarter Budapest, Hungary
  • Sectors
    Telecommunications
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name One Távközlési És Szolgáltató Kft
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Media & Entertainment → Digital Media, Publishing & Broadcasting
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $14.61 M (USD)

    in 1 rounds

  • Latest Funding Round
    $14.61 M (USD), Series A

    Dec 01, 2009

  • Investors
    4iG

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    4iG

    & 2 more

    (Mar 30, 2021)

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Products & Services of Invitel

Invitel offers a comprehensive portfolio of products and services, including Mobile Services, Internet Services, 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.

Primary

Wireless communication and data plans for consumers.

High-speed internet access for homes and businesses.

Digital TV channels and streaming options.

Funding Insights of Invitel

Invitel has successfully raised a total of $14.61M through 1 strategic funding round. The most recent funding activity was a Series A round of $14.61 million completed in December 2009. 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.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $14.6M
  • First Round

    (01 Dec 2009)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2009 Amount Series A - Invitel 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 Invitel

Invitel has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include 4iG, One and ATP Private Equity Partners. 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
Investor Description Founded Year Domain Location
Private equity investments are directed across multiple sectors.
Founded Year Domain Location
MidEuropa is engaged in private equity investments in Central Europe.
Founded Year Domain Location
Telecommunications and internet services are provided throughout Hungary.
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 Invitel

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 - Invitel

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

Invitel Comparisons

Employees
+
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Competitors of Invitel

Invitel 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 British Telecom, Wave Broadband, UPC Hungary and Universal Cable, 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 mobile phones and fiber broadband services for home & business
domain founded_year HQ Location
Fiber Optic Broadband Services
domain founded_year HQ Location
Subscription-based satellite TV services are provided in Hungary.
domain founded_year HQ Location
Provider of fiber optic telecom and TV services for reliable connectivity.
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 Invitel

Frequently Asked Questions about Invitel

When was Invitel founded?

Invitel was founded in 1995 and raised its 1st funding round 14 years after it was founded.

Where is Invitel located?

Invitel is headquartered in Budapest, Hungary.

Is Invitel a funded company?

Invitel is a funded company, having raised a total of $14.61M across 1 funding round to date. The company's 1st funding round was a Series A of $14.61M, raised on Dec 01, 2009.

What does Invitel do?

Invitel provides fixed-line telecom and broadband services to residential and broadband customers. Its residential offering includes digital TV, internet, and telephony services, while its business services include ICT and cloud-based IT solutions, internet, voice and data services. It operates its own nation-wide fibre cable network. GMT Communications Partners and Mid Europa Partners sold Invitel to HTCC for EUR 470M in 2007. But Mid Europa Partners again acquired a controlling stake in 2009. They decided to sell the company in 2014. Currently, it is operating as a subsidiary of Magayar Telecom. In June16, the company has announced to separate the corporate and wholesale business and created a new entity Invitech Solutions.

Who are the top competitors of Invitel?

Invitel's top competitors include British Telecom, Wave Broadband and UPC Hungary.

What products or services does Invitel offer?

Invitel offers Mobile Services, Internet Services, and TV Services.

Who are Invitel's investors?

Invitel has 4 investors. Key investors include 4iG, One, ATP Private Equity Partners, and MidEuropa.

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