About Movistar
Movistar was established in 2005 as a telecommunications provider focused on mobile services. Operations are centered in Guatemala City, with coverage extending throughout Guatemala via the domain movistar.com.gt. Core offerings include mobile connectivity, data plans, and related technology solutions for consumers and businesses in the telecom sector. The company maintains a presence in the regional market, supporting infrastructure for voice and internet services.
- Headquarter Guatemala City, Guatemala
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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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
Employee Count
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Acquired by
America Movil
(Jan 27, 2019)
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Funding Insights of Movistar
| 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 Movistar
Movistar 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
| 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
| 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 |
Movistar Comparisons
Competitors of Movistar
| 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 Movistar
When was Movistar founded?
Movistar was founded in 2005.
Where is Movistar located?
Movistar is headquartered in Guatemala City, Guatemala.
What does Movistar do?
Movistar was established in 2005 as a telecommunications provider focused on mobile services. Operations are centered in Guatemala City, with coverage extending throughout Guatemala via the domain movistar.com.gt. Core offerings include mobile connectivity, data plans, and related technology solutions for consumers and businesses in the telecom sector. The company maintains a presence in the regional market, supporting infrastructure for voice and internet services.
Who are Movistar's investors?
Movistar has 1 investor. Key investors include America Movil.