Open Mobile Overview

  • Year Founded
  • 2007

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

Open Mobile General Information

Description

Provider of wireless communications services intended to bring the world closer. The company's services include cellular communication with a variety of innovative products, as well as a solid and modern internet network, and messenger services, thereby enabling consumers to enjoy communicating with closed ones with no hidden charges.

Contact Information

Website
www.openmobilepr.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • PMB 856
  • PO Box 7891
  • Guaynabo, PR 00970
  • United States
Primary Industry
Telecommunications Service Providers
Other Industries
Internet Service Providers
Acquirer
Sprint
Vertical(s)
TMT, Mobile
Corporate Office
  • PMB 856
  • PO Box 7891
  • Guaynabo, PR 00970
  • United States

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Open Mobile Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 22-Feb-2017 Completed Generating Revenue
4. Debt Refinancing 27-Jun-2014 Completed Generating Revenue
3. Dividend Recapitalization 30-Jun-2011 Completed Generating Revenue
2. Debt Refinancing 06-Apr-2010 $128M $128M Completed Generating Revenue
1. Joint Venture 12-Jun-2007 Completed Generating Revenue
To view Open Mobile’s complete valuation and funding history, request access »

Open Mobile Former Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds
Columbia Capital Venture Capital Majority
M/C Partners PE/Buyout Majority
To view Open Mobile’s complete investors history, request access »

Open Mobile Investments (1)

Open Mobile’s most recent deal was a Joint Venture with PRWireless HoldCo. The deal was made on 27-Jun-2018.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
PRWireless HoldCo 27-Jun-2018 Joint Venture Other Commercial Services
To view Open Mobile’s complete investments history, request access »

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Open Mobile FAQs

  • When was Open Mobile founded?

    Open Mobile was founded in 2007.

  • Where is Open Mobile headquartered?

    Open Mobile is headquartered in Guaynabo, PR.

  • What industry is Open Mobile in?

    Open Mobile’s primary industry is Telecommunications Service Providers.

  • Is Open Mobile a private or public company?

    Open Mobile is a Private company.

  • What is Open Mobile’s current revenue?

    The current revenue for Open Mobile is .

  • How much funding has Open Mobile raised over time?

    Open Mobile has raised $322M.

  • Who are Open Mobile’s investors?

    Columbia Capital and M/C Partners have invested in Open Mobile.

  • When was Open Mobile acquired?

    Open Mobile was acquired on 22-Feb-2017.

  • Who acquired Open Mobile?

    Open Mobile was acquired by Sprint.

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