About Yak Communications
Yak Communications is a company based in Toronto (Canada) founded in 1999 was acquired by Distributel in September 2016.. Yak Communications offers products and services including Yak Basic, Yak Premium, and Yak Deluxe. Yak Communications operates in a competitive market with competitors including Hong Kong Broadband Network, KPN, Cogeco, British Telecom and Ciena, among others.
- Headquarter Toronto, Canada
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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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- Legal Name Distributel
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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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Investors
Globalive Capital
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Yak Communications
Yak Communications offers a comprehensive portfolio of products and services, including Yak Basic, Yak Premium, and Yak Deluxe. 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.
Basic plan with unlimited local calling and bundled long distance.
Premium plan with 500 monthly long distance minutes and calling features.
Deluxe plan with 1500 monthly long distance minutes and unlimited local calling.
Funding Insights of Yak 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 |
Investors in Yak Communications
Yak Communications has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Globalive Capital and Distributel. 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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Venture capital is provided to Canadian tech and offline companies.
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Founded Year | Domain | Location | |
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Telecom and TV services are provided to Canadian residential customers.
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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 Yak Communications
| 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 - Yak 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 |
Yak Communications Comparisons
Competitors of Yak Communications
Yak 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 Hong Kong Broadband Network, KPN, Cogeco, British Telecom and Ciena, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of fibre optic broadband internet services
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Mobile and fixed-line telecommunication services are provided across Europe.
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| domain | founded_year | HQ Location |
Fiber-optic internet, TV, and fixed-line telephone services provider
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| domain | founded_year | HQ Location |
Provider of mobile phones and fiber broadband services for home & business
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| domain | founded_year | HQ Location |
Cloud-based network management software is provided for infrastructure planning.
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| domain | founded_year | HQ Location |
Datacenter colocation, communication technology, and managed 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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Frequently Asked Questions about Yak Communications
When was Yak Communications founded?
Yak Communications was founded in 1999.
Where is Yak Communications located?
Yak Communications is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Yak Communications?
Matt Stein is the current CEO of Yak Communications.
What does Yak Communications do?
Founded in 1999 and based in Toronto, Canada, Yak Communications operates in the telecommunications sector. Fixed-line telephone, broadband internet via DSL and cable, and long-distance calling through VoIP with mobile app support are provided to residential and business customers across Canada. In 2016, the company was acquired by Distributel to enhance digital home services through the integration of telecom providers.
Who are the top competitors of Yak Communications?
What products or services does Yak Communications offer?
Yak Communications offers Yak Basic, Yak Premium, and Yak Deluxe.
Who are Yak Communications's investors?
Yak Communications has 2 investors. Key investors include Globalive Capital, and Distributel.