Algar Telecom Overview
- Year Founded
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1954
- Status
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Acquired/Merged
- Employees
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4,000
- Latest Deal Type
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PE Growth
- Financing Rounds
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2
- Investments
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4
Algar Telecom General Information
Description
Provider of information technology and telecommunication services based in Uberlandia, Brazil. The company specializes in offering services such as internet, telephone connection and network, mobile network, IT security as well as call center services, thereby assisting corporate and retail customers in Brazil.
Contact Information
Website
loja.algar.com.br(Operating Subsidiary)
Corporate Office
- Rua Jose Alves Garcia, 415 - Bairro Brasil
- Minas Gerais
- Uberlandia, 38400
- Brazil
Corporate Office
- Rua Jose Alves Garcia, 415 - Bairro Brasil
- Minas Gerais
- Uberlandia, 38400
- Brazil
Algar Telecom Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Algar Telecom Comparisons
Industry
Financing
Details
Algar Telecom Competitors (38)
One of Algar Telecom’s 38 competitors is Frontier Communications, a Corporation company based in Tampa, FL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Frontier Communications | Corporation | Tampa, FL | ||||
| AT&T | Corporation | Dallas, TX | ||||
| Reorganized | Pending Transaction (M&A) | McLean, VA | ||||
| Claro Colombia | Corporation | Bogota, Colombia | ||||
| OpNet | Formerly PE-Backed | Milan, Italy |
Algar Telecom Related Research & Analysis
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Algar Telecom Signals
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Majestic Referring Domains
Algar Telecom Investments (4)
Algar Telecom’s most recent deal was a Seed Round with Granto Seguros. The deal was made on 14-Aug-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Granto Seguros | 14-Aug-2024 | Seed Round | Property and Casualty Insurance | ||
| Vogel Telecom | 16-Aug-2021 | Buyout/LBO | Telecommunications Service Providers | ||
| Smart Networks | 16-Jul-2019 | Buyout/LBO | Telecommunications Service Providers | ||
| Cemig Telecomunicações | 08-Aug-2018 | Buyout/LBO | Telecommunications Service Providers |
Algar Telecom FAQs
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When was Algar Telecom founded?
Algar Telecom was founded in 1954.
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Where is Algar Telecom headquartered?
Algar Telecom is headquartered in Uberlandia, Brazil.
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What is the size of Algar Telecom?
Algar Telecom has 4,000 total employees.
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What industry is Algar Telecom in?
Algar Telecom’s primary industry is Telecommunications Service Providers.
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Is Algar Telecom a private or public company?
Algar Telecom is a Private company.
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What is the current valuation of Algar Telecom?
The current valuation of Algar Telecom is .
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What is Algar Telecom’s current revenue?
The current revenue for Algar Telecom is .
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How much funding has Algar Telecom raised over time?
Algar Telecom has raised $303M.
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Who are Algar Telecom’s competitors?
Frontier Communications, AT&T, Reorganized, Claro Colombia, and OpNet are some of the 38 competitors of Algar Telecom.
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When was Algar Telecom acquired?
Algar Telecom was acquired on 29-Dec-2017.
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Who acquired Algar Telecom?
Algar Telecom was acquired by América Móvil.
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