About Movistar El Salvador
Movistar El Salvador is a company based in San Salvador (El Salvador) founded in 2019 was acquired by America Movil in January 2019. It operates as a Subscription Services, and Direct-to-Consumer (D2C). Movistar El Salvador offers products and services including Mobile Plans, Smartphones, and Internet Wifi. Movistar El Salvador operates in a competitive market with competitors including Jio, MTN, Airtel, Proximus Group and Optus, among others.
- Headquarter San Salvador, El Salvador
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Sectors
Telecommunications
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Phone
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Website
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Social
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- Legal Name Telefónica Móviles El Salvador, S.A. De C.V.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
America Movil
(Jan 28, 2019)
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Products & Services of Movistar El Salvador
Movistar El Salvador offers a comprehensive portfolio of products and services, including Mobile Plans, Smartphones, and Internet Wifi. 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.
Mobile plans are offered for various user needs.
Smartphones are sold with advanced features and plans.
Internet Wifi services are provided for home connectivity.
Funding Insights of Movistar El Salvador
| 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 Movistar El Salvador
Movistar El Salvador has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include America Movil. 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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Provider of telecommunication, broadband and satellite television services
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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 Movistar El Salvador
| 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 - Movistar El Salvador
| 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 |
Movistar El Salvador Comparisons
Competitors of Movistar El Salvador
Movistar El Salvador 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 Jio, MTN, Airtel, Proximus Group 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 |
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| domain | founded_year | HQ Location |
Provider of telecommunication services
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| domain | founded_year | HQ Location |
MTN Group is recognized as a leading telecommunications provider in Africa.
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Airtel is recognized as a provider of telecommunications and internet services.
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| domain | founded_year | HQ Location |
Telephony, internet, television, and network-based ICT services are provided.
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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 |
Mobile internet, TV, and telecommunication 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 Movistar El Salvador
Frequently Asked Questions about Movistar El Salvador
When was Movistar El Salvador founded?
Movistar El Salvador was founded in 2019.
Where is Movistar El Salvador located?
Movistar El Salvador is headquartered in San Salvador, El Salvador.
What does Movistar El Salvador do?
Movistar El Salvador is involved in offering mobile telephony, internet Wifi, and smartphone sales. Services are provided to both individual and business customers through prepaid and postpaid plans. Coverage is extended across various regions with a focus on connectivity solutions. Additionally, customer support is facilitated through call centers, online platforms, and physical stores. The company operates within the telecommunications sector, emphasizing innovative mobile technology and user accessibility.
Who are the top competitors of Movistar El Salvador?
Movistar El Salvador's top competitors include MTN, Proximus Group and AT&T.
What products or services does Movistar El Salvador offer?
Movistar El Salvador offers Mobile Plans, Smartphones, and Internet Wifi.
Who are Movistar El Salvador's investors?
Movistar El Salvador has 1 investor. Key investors include America Movil.