About Modern Communications
Modern Communications is a company based in London (United Kingdom) founded in 1999 by Okechukwu Igbonekwu was acquired by Elite Group in February 2014.. The company has 1 employees as of May 31, 2020. Modern Communications operates in a competitive market with competitors including Optimity, Air Telecom, Bluebac, Metrocall Holdings and Baltic Broadband, among others.
- Headquarter London, United Kingdom
- Employees 1 as on 31 May, 2020
- Founders Okechukwu Igbonekwu
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Modcomms Limited
- Date of Incorporation 16 Mar, 2009
- Jurisdiction BOURNEMOUTH, ENGLAND
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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
1
as on May 31, 2020
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Acquired by
Elite Group
(Feb 04, 2014)
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Funding Insights of Modern Communications
| 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 Modern Communications
Modern Communications has secured backing from 1 investor. Prominent investors backing the company include Elite Group. 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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Telecom services for businesses are delivered by Elite Group.
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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 Modern Communications
| 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 - Modern Communications
| 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 |
Modern Communications Comparisons
Competitors of Modern Communications
Modern Communications 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 Optimity, Air Telecom, Bluebac, Metrocall Holdings and Baltic Broadband, 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 |
Low latency fibre and wireless network solutions are provided.
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| domain | founded_year | HQ Location |
Provider of business technology, telecom products, and internet services
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| domain | founded_year | HQ Location |
Provides global internet access, SD-WAN, VoIP, and network services for enterprises.
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| domain | founded_year | HQ Location |
One-way paging and two-way wireless messaging services were provided.
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| domain | founded_year | HQ Location |
Provides bespoke internet services, leased lines, and data centers for organizations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Modern Communications
When was Modern Communications founded?
Modern Communications was founded in 1999.
Where is Modern Communications located?
Modern Communications is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
How many employees does Modern Communications have?
As of May 31, 2020, the latest employee count at Modern Communications is 1.
What does Modern Communications do?
Modern Communications was established in 1999 in London, United Kingdom, as a provider of broadband telecommunication services targeted at business sectors. Operations focus on delivering reliable connectivity solutions, including high-speed internet and data transmission, to support corporate communication needs. The company serves clients primarily within the UK market, with services tailored to enhance operational efficiency in professional environments.
Who are the top competitors of Modern Communications?
Modern Communications's top competitors include Optimity, Air Telecom and Metrocall Holdings.
Who are Modern Communications's investors?
Modern Communications has 1 investor. Key investors include Elite Group.
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