Nexxus Iberia, a fund affiliated with Mexico’s Nexxus Capital, closed its first investment in Spain’s Fuertes Gimeno Comunicaciones SL, which provides services to telecom carriers and equipment vendors for the deployment, maintenance, upgrade and optimization of mobile and fixed networks.
Telecommunications
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Singapore’s GIC Buys 25% Stake in Algar Telecom (em português)
January 1, 2018Sovereign wealth fund Government of Singapore Investment Corporation (GIC) has purchased a 25% stake in Brazilian telecommunications company Algar Telecom for an undisclosed amount. (Valor Econômico) O acionista controlador da…
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Riverwood and Blackstone Acquire Argentina’s Metrotel (en español)
December 27, 2017U.S. private equity firms Riverwood Capital Partners and Blackstone have purchased Argentinian telecommunications provider Metrotel from Sociedad Comercial del Plata for US$190m. (El Cronista) El holding Sociedad Comercial del Plata,…
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Weex is Bringing Mobile to Millennials in Mexico with Funding from ALLVP (en español)
September 19, 2017Weex es un Operador Móvil Virtual que cuenta con más de 150k usuarios activos y un crecimiento de doble dígito mensual. Ricardo Suárez, co-fundador de Weex, nos explica de qué manera la compañía está cambiando el sector de telecom y generando acceso a información a la juventud mexicana.
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Global private equity firm Cartesian Capital Group agreed to invest US$75m in Brazilian telecom operator Aloo Telecom. To date, Cartesian Capital has invested US$22m and owns a minority stake in…
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Blackstone announced that funds managed by Blackstone Tactical Opportunities have made an equity investment in Ascenty, a data center & telecom services provider in Brazil. (Press Release) New York, June…
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GTD, the Chilean telecom company owned by the Casanueva family, has expanded its presence in Peru with the acquisition of telecommunications company, Netline. (Diario Financierio) Grupo Gtd amplía su presencia…
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Equity International invested US$50m in Digital Bridge’s telecommunications company Andean Tower Partners (ATP), which has operations in Colombia and Peru, alongside other investors including The Olayan Group and TC Latin…
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Axon Partners Group led an investment in Simpati Mobile via its fund, Amerigo Ventures Pacífico. Simpati is a Mexican mobile virtual network operator (MVNO) focused on servicing working women. (Press…
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(UNICEF) UNICEF has invested in Nicaragua’s Saycel, which provides affordable mobile connectivity to communities in rural areas. UNICEF today announces its first portfolio of investments in open source technology solutions…