About Prime Communications
Prime Communications is a company based in Sugar Land (United States) founded in 1998 by Farid Virani was acquired by TriNet in June 2009. It operates as a Reseller / Distribution. The company has 7,204 employees as of December 31, 2021. Prime Communications has completed 1 acquisition, including Spring Mobile. Prime Communications offers products and services including AT&T Retail Services. Prime Communications operates in a competitive market with competitors including Lixun Precision Industry, Liquid Instruments, RP tech, Elecom and Dicker Data, among others.
- Headquarter Sugar Land, United States
- Employees 7204 as on 31 Dec, 2021
- Founders Farid Virani
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Sectors
RetailTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Prime Communications
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Products & Services of Prime Communications
Prime Communications offers a comprehensive portfolio of products and services, including AT&T Retail 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.
Retail services for AT&T products are provided nationwide.
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Funding Insights of Prime Communications
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 1998 | Amount | Unspecified - Prime Communications | Valuation | The Carlyle Group |
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| 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 Prime Communications
Prime Communications has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include TriNet and The Carlyle 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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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Cloud-based HRMS platform is offered for small and medium businesses.
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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 Prime Communications
Prime Communications has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Spring Mobile. 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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Mobile phone and plan retailer
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2001 |
| 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 - Prime 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 |
Prime Communications Comparisons
Competitors of Prime Communications
Prime 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 Lixun Precision Industry, Liquid Instruments, RP tech, Elecom and Dicker Data, 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 |
Multi-category products for enterprises are distributed electronically.
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| domain | founded_year | HQ Location |
Manufacturer of test equipment
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| domain | founded_year | HQ Location |
IT and mobility solutions are distributed across India.
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| domain | founded_year | HQ Location |
Consumer electronic products are retailed by Elecom in Japan.
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| domain | founded_year | HQ Location |
IT accessories, monitors, desktops, displays, and related products are distributed.
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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 Prime Communications
Frequently Asked Questions about Prime Communications
When was Prime Communications founded?
Prime Communications was founded in 1998.
Where is Prime Communications located?
Prime Communications is headquartered in Sugar Land, United States. It is registered at Sugar Land, Texas, United States.
Who is the current CEO of Prime Communications?
Farid Virani is the current CEO of Prime Communications. They have also founded this company.
How many employees does Prime Communications have?
As of Dec 31, 2021, the latest employee count at Prime Communications is 7,204.
What does Prime Communications do?
Prime Communications is established as the largest ATT Authorized Retailer in the United States, with numerous locations spanning coast-to-coast. The company is focused on providing retail services for ATT products and solutions. An entrepreneurial spirit is fostered within the organization, encouraging creativity, leadership, and teamwork across its operations in the telecommunications sector.
Who are the top competitors of Prime Communications?
Prime Communications's top competitors include Liquid Instruments, RP tech and Elecom.
What products or services does Prime Communications offer?
Prime Communications offers AT&T Retail Services.
How many acquisitions has Prime Communications made?
Prime Communications has made 1 acquisition, including Spring Mobile.
Who are Prime Communications's investors?
Prime Communications has 2 investors. Key investors include TriNet, and The Carlyle Group.