About Lounea
Lounea is a company based in Salo (Finland) founded in 1887. It operates as a B2C, and B2B. Lounea has completed 1 acquisition, including Canorama. Lounea offers products and services including Valokuitu, Lounea WiFi, TV and Viihde, and Tietoturva. Lounea operates in a competitive market with competitors including KPN, Hong Kong Broadband Network, Orange Polska, Cogeco and British Telecom, among others.
- Headquarter Salo, Finland
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Sectors
Telecommunications
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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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- Investments & Acquisitions
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Products & Services of Lounea
Lounea offers a comprehensive portfolio of products and services, including Valokuitu, Lounea WiFi, TV and Viihde, and Tietoturva. 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.
High-speed fiber optic internet for homes and businesses
Wireless internet solution for home connectivity
Platform for TV channels and streaming content
Protection for devices against online threats
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Funding Insights of Lounea
| 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 |
Investments & Acquisitions by Lounea
Lounea has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Canorama. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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ICT, software development, and printing services are provided by Canorama.
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1993 |
| 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 - Lounea
| 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 |
Lounea Comparisons
Competitors of Lounea
Lounea 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 KPN, Hong Kong Broadband Network, Orange Polska, Cogeco and British Telecom, 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.
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Fiber-optic internet, TV, and fixed-line telephone services provider
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Provider of mobile phones and fiber broadband services for home & business
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Wireless, TV, internet, and media services are provided across Canada.
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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 Lounea
Frequently Asked Questions about Lounea
When was Lounea founded?
Lounea was founded in 1887.
Where is Lounea located?
Lounea is headquartered in Salo, Finland.
What does Lounea do?
Lounea is a Finnish company focused on fiber optic networks, delivering high-speed internet, TV, and entertainment services to private and business customers. It provides wireless solutions like WiFi setups and cybersecurity options, emphasizing reliable digital infrastructure. Based in Finland, Lounea supports efficient connectivity for residential and enterprise needs, including broadband and ICT support services.
What products or services does Lounea offer?
Lounea offers Valokuitu, Lounea WiFi, TV and Viihde, and Tietoturva.
How many acquisitions has Lounea made?
Lounea has made 1 acquisition, including Canorama.