Movicel Overview
- Year Founded
-
2003

- Status
-
Acquired/Merged
- Employees
-
767

- Latest Deal Type
-
M&A
- Financing Rounds
-
4
- Investments
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2
Movicel General Information
Description
Provider of telecommunication services based in Luanda, Angola. The company offers eco cards, virtual cards, public posts, web services and telephone services, enabling customers with access to communication throughout the country at transparent prices.
Contact Information
Website
www.movicel.co.ao(Operating Subsidiary)
Corporate Office
- Nº 1 Rua Mãe Isabel
- Luanda
- Angola
Corporate Office
- Nº 1 Rua Mãe Isabel
- Luanda
- Angola
Movicel Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Movicel Signals
Movicel Former Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
Movicel Investments (2)
Movicel’s most recent deal was a Secondary Transaction - Private with Lello. The deal was made on 26-Jan-2020.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Lello | 26-Jan-2020 | Secondary Transaction - Private | Other Financial Services | ||
Angola Cables | 01-Jan-2009 | Joint Venture | Connectivity Products |
Movicel FAQs
-
When was Movicel founded?
Movicel was founded in 2003.
-
Where is Movicel headquartered?
Movicel is headquartered in Luanda, Angola.
-
What is the size of Movicel?
Movicel has 767 total employees.
-
What industry is Movicel in?
Movicel’s primary industry is Telecommunications Service Providers.
-
Is Movicel a private or public company?
Movicel is a Private company.
-
What is Movicel’s current revenue?
The current revenue for Movicel is
. -
Who are Movicel’s investors?
Angola Telecom, Correios Telegrafos de Angola, Lambda Investment Management, Modus Comicare-Comunicacoes e Imagem, and Novatel () are 5 of 7 investors who have invested in Movicel.
-
When was Movicel acquired?
Movicel was acquired on 23-Jun-2023.
-
Who acquired Movicel?
Movicel was acquired by Instituto de Gestão de Fundos de Capitalização da Segurança Social.
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