Avantel (Colombia) Overview

  • Year Founded
  • 1996

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 1,046

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 7

Avantel (Colombia) General Information

Description

Provider of telecommunication services based in Bogota, Colombia. The company's telecommunication specializes in the wireless communication needs by providing efficient systems, agile processes and quality services, enabling enterprises and government agencies to have value-added services that integrate voice, messaging services, mobile applications and video content.

Contact Information

Website
www.avantel.co
Formerly Known As
Movilink
Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Corporate Office
  • Carrera 11 Number 93-92
  • Bogota
  • Colombia
Primary Industry
Telecommunications Service Providers
Other Industries
Wireless Service Providers
Internet Service Providers
Acquirer
Vertical(s)
TMT
Corporate Office
  • Carrera 11 Number 93-92
  • Bogota
  • Colombia

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Avantel (Colombia) Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Avantel (Colombia) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of telecommunication services based in Bogota, Colombia. The company's telecommunication specializes in the wir
Telecommunications Service Providers
Bogota, Colombia
1,046 As of 2021

Bogota, Colombia
 

Sao Paulo, Brazil
 
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Avantel (Colombia) Competitors (9)

One of Avantel (Colombia)’s 9 competitors is Empresa de Telecomunicaciones De Bogota, a Corporation company based in Bogota, Colombia.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Empresa de Telecomunicaciones De Bogota Corporation Bogota, Colombia
Claro (Brazil) Private Debt Financed Sao Paulo, Brazil
Free (Internet Service Providers) Corporation Paris, France
Free au Sénégal Formerly VC-backed Dakar, Senegal
Claro Panama Corporate Backed or Acquired Panama City, Panama
You’re viewing 5 of 9 competitors. Get the full list »

Avantel (Colombia) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Avantel (Colombia) Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Avantel (Colombia) FAQs

  • When was Avantel (Colombia) founded?

    Avantel (Colombia) was founded in 1996.

  • Where is Avantel (Colombia) headquartered?

    Avantel (Colombia) is headquartered in Bogota, Colombia.

  • What is the size of Avantel (Colombia)?

    Avantel (Colombia) has 1,046 total employees.

  • What industry is Avantel (Colombia) in?

    Avantel (Colombia)’s primary industry is Telecommunications Service Providers.

  • Is Avantel (Colombia) a private or public company?

    Avantel (Colombia) is a Private company.

  • What is Avantel (Colombia)’s current revenue?

    The current revenue for Avantel (Colombia) is .

  • How much funding has Avantel (Colombia) raised over time?

    Avantel (Colombia) has raised $390M.

  • Who are Avantel (Colombia)’s investors?

    Andean Telecom Partners, Appaloosa Management, Corporación Andina de Fomento, Darby Overseas Investments, and Discovery Capital are 5 of 7 investors who have invested in Avantel (Colombia).

  • Who are Avantel (Colombia)’s competitors?

    Empresa de Telecomunicaciones De Bogota, Claro (Brazil), Free (Internet Service Providers), Free au Sénégal, and Claro Panama are some of the 9 competitors of Avantel (Colombia).

  • When was Avantel (Colombia) acquired?

    Avantel (Colombia) was acquired on 07-Jul-2020.

  • Who acquired Avantel (Colombia)?

    Avantel (Colombia) was acquired by WOM Chile.

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