About Vivacom
Vivacom is a company based in Sofia (Bulgaria) founded in 1879 was acquired by United Group in November 2019. Vivacom has raised $355.6 million across 3 funding rounds from investors including United Group, VTB Capital and Ardian. Vivacom has completed 2 acquisitions, including Networx BG and Telnet. Vivacom operates in a competitive market with competitors including Telecom Italia, AT&T, Comcast, Verizon and Orange, among others.
- Headquarter Sofia, Bulgaria
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Sectors
TelecommunicationsMedia & Entertainment
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$355.6 M (USD)
in 3 rounds
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Latest Funding Round
$494.55 M (USD), Debt – Conventional
Apr 20, 2018
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Investors
United Group
& 5 more
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Employee Count
Not available
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Investments & Acquisitions
Networx BG
& 1 more
- Acquired by
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People of Vivacom
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Funding Insights of Vivacom
Vivacom has successfully raised a total of $355.6M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $494.55 million completed in April 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Vivacom
Vivacom has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include United Group, VTB Capital and Ardian.
| Investor | Description | Founded Year | Domain | Location |
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Private investment firm specializing in markets and partnerships.
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Private equity firm focused on multiple sectors
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Global investment banking for large and mid-cap firms is conducted.
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Investor details for Vivacom
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Investments & Acquisitions by Vivacom
Vivacom has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Networx BG and Telnet.
Investment portfolio details for Vivacom
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Broadband internet and cable TV services are provided in Bulgaria.
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Fiber-optic internet and digital TV services are provided in Bulgaria.
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Complete acquisition details for Vivacom
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- Domains and locations
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Financial Statements - Vivacom
Detailed financials for Vivacom
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- Profit trends
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Vivacom Comparisons
Peer comparison for Vivacom
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Competitors of Vivacom
Vivacom 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 Telecom Italia, AT&T, Comcast, Verizon and Orange, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Integrated telecom service provider
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Mobile internet, TV, and telecommunication services are provided.
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Cable TV, internet, phone, and media entertainment services are provided.
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Mobile and internet services are provided to homes and businesses.
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Orange is recognized as a global telecommunications and technology provider.
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Detailed competitors of Vivacom
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Latest news on Vivacom
Complete news archive for Vivacom
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Frequently Asked Questions about Vivacom
Vivacom was founded in 1879 and raised its 1st funding round 125 years after it was founded.
Vivacom is headquartered in Sofia, Bulgaria.
Vivacom is a funded company, having raised a total of $355.6M across 3 funding rounds to date.
Vivacom was founded in 1879 and is headquartered in Sofia, Bulgaria. Operations are conducted in the telecommunications sector, where mobile and fixed-line telephony, broadband internet, and digital television services are offered to customers nationwide. The company maintains a presence through its domain vivacom.bg, supporting connectivity needs in the region. Infrastructure and network services form the core of its activities, with a focus on reliable telecom provisions.
Vivacom's top competitors include AT&T, Telecom Italia and Vodafone.
Vivacom has made 2 acquisitions, including Networx BG, and Telnet.
Vivacom has 4 investors. Key investors include United Group, VTB Capital, Ardian, and Advent International.