About Tigo Guatemala
Tigo Guatemala is a company based in Guatemala City (Guatemala) founded in 1990 was acquired by Millicom in November 2021.. Tigo Guatemala offers products and services including Mobile Services, Internet Services, and Tigo Money. Tigo Guatemala operates in a competitive market with competitors including MTN, Jio, Airtel, Optus and AT&T, among others.
- Headquarter Guatemala City, Guatemala
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Sectors
Telecommunications
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Email
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Phone
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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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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Millicom
(Nov 12, 2021)
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Products & Services of Tigo Guatemala
Tigo Guatemala offers a comprehensive portfolio of products and services, including Mobile Services, Internet Services, and Tigo Money. 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.
Prepaid and postpaid plans for voice, data, and messaging services.
Residential internet and TV packages with extenders for home coverage.
Platform for sending money, paying bills, and handling international remittances.
Funding Insights of Tigo Guatemala
| 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 Tigo Guatemala
Tigo Guatemala has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Millicom | Tigo. 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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Millicom | Tigo is engaged in providing mobile and digital 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 Tigo Guatemala
| 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 - Tigo Guatemala
| 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 |
Tigo Guatemala Comparisons
Competitors of Tigo Guatemala
Tigo Guatemala 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 MTN, Jio, Airtel, Optus and AT&T, 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 |
MTN Group is recognized as a leading telecommunications provider in Africa.
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Provider of telecommunication services
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| domain | founded_year | HQ Location |
Airtel is recognized as a provider of telecommunications and internet services.
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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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| domain | founded_year | HQ Location |
Telecommunication services are delivered in the Middle East and Africa.
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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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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 Tigo Guatemala
Frequently Asked Questions about Tigo Guatemala
When was Tigo Guatemala founded?
Tigo Guatemala was founded in 1990.
Where is Tigo Guatemala located?
Tigo Guatemala is headquartered in Guatemala City, Guatemala.
What does Tigo Guatemala do?
Tigo Guatemala, established in 1990 and formerly known as COMCEL, operates as a subsidiary of Millicom under the Tigo brand. Mobile telecommunication services, including prepaid and postpaid voice plans, internet access, and entertainment content such as music, sports, and apps, are offered to customers. Cable TV services are also provided throughout Guatemala, with headquarters located in Guatemala City.
Who are the top competitors of Tigo Guatemala?
What products or services does Tigo Guatemala offer?
Tigo Guatemala offers Mobile Services, Internet Services, and Tigo Money.
Who are Tigo Guatemala's investors?
Tigo Guatemala has 1 investor. Key investors include Millicom | Tigo.