NextGenTel AS
Latest round
- Series D
Last raised
- Jan 2002
Total raised
- $6M
Investors
- 6
About NextGenTel AS
NextGenTel AS was founded in 2000 and operates from its headquarters in Norway. The company focuses on offering broadband internet services and has undergone strategic pivots to enhance its offerings. Yalçin Yildiz is the founder, while Nadia Trading, Sondre Aarrestad, and Trond Larsen currently serve as CEOs.NextGenTel primarily offers internet services throughout Norway, focusing on tailored broadband solutions that cater to customer needs. Its core product ensures users receive appropriate internet speeds, avoiding excess charges. The company also offers television, security, and telephony services, accessible via its MinSide app, which allows for seamless subscription and billing management.NextGenTel generates revenue primarily through subscription-based services, allowing customers to select from various internet and telecommunication plans. Pricing is structured around straightforward monthly fees for different speed tiers, facilitating a predictable revenue stream. The revenue for the most recent year, 2023, is NOK 43,586,174, with an EBITDA of NOK -1,262,231.NextGenTel plans to enhance its product offerings and expand its geographical reach. The IPO in December 2003 provided capital that will support the development of new products tailored to customer requirements. Specific details regarding upcoming products and their release dates are not available. The company aims to explore potential expansion into additional regions within Norway, although timelines for this expansion remain unspecified.
Who invested in NextGenTel AS
6 investors across 2 rounds
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Questions about NextGenTel AS
Who invested in NextGenTel AS?
NextGenTel AS has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has NextGenTel AS raised?
NextGenTel AS has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did NextGenTel AS last raise money?
NextGenTel AS's most recent round on record is a Series D, in Jan 2002.
What does NextGenTel AS do?
NextGenTel AS was founded in 2000 and operates from its headquarters in Norway.
Where is NextGenTel AS headquartered?
NextGenTel AS is headquartered in Norway.
Which VCs invest in companies like NextGenTel AS?
Among active investors with capital left to deploy, Balderton Capital, Partech Partners, Seedcamp and Felix Capital back telecoms companies at NextGenTel AS's stage. Their profiles are linked below.
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