Ufinet
Founded Year
1998Stage
Corporate Minority - II | AliveTotal Raised
$175MValuation
$0000Revenue
$0000
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Research containing Ufinet
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CB Insights Intelligence Analysts have mentioned Ufinet in 1 CB Insights research brief, most recently on Oct 12, 2022.
Latest Ufinet News
Jul 25, 2023
UFINET, one of Latin America’s leading international carrier of carriers, has entered into an agreement to acquire a majority stake in Netell Telecom, one of Brazil’s primary wholesale carriers. “We believe this is a very important step both for us and our customers. UFINET will leverage and expand NETELL’s network to offer to our global clients a suite of wholesale services of unparalleled quality and capillarity in Brazil, continuing the relentless growth of UFINET’s business in the Latin America Region” said Stefano Lorenzi, UFINET’s executive chairman. The agreement was signed during International Telecommunications Week (ITW) and enables UFINET to enter the Brazilian markets, one of the most important in Latin America. Additionally, with NETELL’s network coverage in São Paulo’s metropolitan area and a broader regional reach, this acquisition will allow UFINET to better serve its global customers in Latin America. “This transaction represents an important milestone for our group. NETELL has always delivered an impressive service, with great human resources and long experience in the market, which makes it a perfect match for us. This will definitely leverage our growth in Latin America,” added Iñigo García del Cerro, UFINET’s CEO. “UFINET is a great operator and has a very clear strategy for growth. I am sure we will make a great team and the combined company will further expand,” continued Wagner Rapchan, NETELL’s president and owner. Tags
Ufinet Frequently Asked Questions (FAQ)
When was Ufinet founded?
Ufinet was founded in 1998.
Where is Ufinet's headquarters?
Ufinet's headquarters is located at Manuel Silvela, 13, Madrid.
What is Ufinet's latest funding round?
Ufinet's latest funding round is Corporate Minority - II.
How much did Ufinet raise?
Ufinet raised a total of $175M.
Who are the investors of Ufinet?
Investors of Ufinet include Enel Group and Cinven.
Who are Ufinet's competitors?
Competitors of Ufinet include Phoenix Tower International and 5 more.
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- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
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Compare Ufinet to Competitors
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Phoenix Tower International (PTI) owns and operates towers and other wireless infrastructure and related sites throughout Latin America. PTI's customers include America Movil, Telefonica, Cable & Wireless Communications, and Digicel Group. PTI was founded with a mission to partner and transact with wireless infrastructure developers, wireless operators, and real estate owners, and to be a premier site provider to wireless operators across various high-growth markets internationally. PTI is currently operating in Costa Rica, Panama, Colombia, and Brazil.
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Pagadito is a provider of online payment solutions in El Salvador, Guatemala, Honduras, Nicaragua, Costa Rica, Panama, Dominican Republic, Puerto Rico, and the U.S. It develops a platform that allows businesses to receive and make online payments securely and quickly, send invoices, make electronic transfers, and withdraw funds from local bank accounts. The company serves eCommerce businesses. Pagadito was founded in 2010 and is based in San Salvador, El Salvador.
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Bancoldex is a Colombian development bank focused on promoting business growth and foreign trade. It offers credit and guarantee solutions, Business strengthening solutions, investment funds such as a capital fund of funds, impact capital, private debt capital, private equity funds, and more. It was founded in 1992 and is based in Bogota, Colombia.
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