Trilogy International Partners
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| Industry | Telecommunications |
|---|---|
| Founded | 2005 |
| Founder |
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| Headquarters | , |
Key people |
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| Website | http://www.trilogy-international.com/ |
Trilogy International Partners, LLC is an American wireless telecommunications company based in Bellevue, Washington. The company was listed on the Toronto Stock Exchange.
In March 2024, it was announced that SG Enterprises II, LLC had acquired an 80.1% stake in the company for approximately $5 million.[1][2]
History
[edit]Trilogy was founded in 2005 by John W. Stanton, an American wireless businessman, and several associates.[3] The founders previously managed Western Wireless, an American wireless operator, that merged with Alltel in 2005 for $6 billion.[4]
Comcel Haiti, their company in Haiti, was sold to Digicel Group in March 2012.[5] In 2015, Trilogy's Dominican Republic operations, Trilogy Dominicana (now Viva), were sold to Telemicro Group, a local firm.[6]
In 2017, Trilogy listed on the Toronto Stock Exchange, through a take-over by a company on that exchange.[3] As part of this transaction, the company raised $270 million.[citation needed] The company was listed on the TSX until 2024 when it was taken private by SG Enterprises II.[7]
Business
[edit]Trilogy owned two wireless telecommunications companies, 2degrees in New Zealand and Nuevatel in Bolivia.[8]
2degrees is the third largest mobile provider in New Zealand, with 23% of the market as of 2017.[3] 2degrees also provides fixed-line phone and broadband services, although it has a small market share for these services. Trilogy had a 51% stake in 2degrees, with remaining owners including Tesbrit BV.[9]
Nuevatel is the third largest mobile provider in Bolivia, with a 24% market share as of 2017.[3] Trilogy had a 72% interest in the company, with the remaining 28% percent belonging to local telephone cooperative COMTECO.[10] Nuevatel operates under the brand name Viva.
Both companies were sold in 2022. While Trilogy only expected to receive a "nominal" amount for Nuevatel,[11] the company expected proceeds of NZD 930 million from the sale of its majority stake in 2degrees.[12]
References
[edit]- ^ "Trilogy International Completes Acquisition Deal". TipRanks. Retrieved 2024-04-01.
- ^ "Trilogy International Partners Inc. and SG Enterprises II, LLC Announce Completion of Go-Private Transaction". Accesswire. Retrieved 2024-04-01.
- ^ a b c d "Telecom company Trilogy coming to Canada in Alignvest deal". The Globe and Mail. 2016-11-01. Retrieved 2018-02-16.
- ^ "Canadian company buys majority stake in Trilogy International". The Seattle Times. 2016-11-21. Retrieved 2018-02-16.
- ^ TeleGeography. "Digicel acquires Voila in Haiti". www.telegeography.com. Retrieved 2018-02-16.
- ^ TeleGeography. "Trilogy sells Viva in Dominican Republic". www.telegeography.com. Retrieved 2018-02-16.
- ^ "Trilogy International Partners Inc. and SG Enterprises II, LLC Announce Completion of Go-Private Transaction" (Press release). Accesswire. March 28, 2024.
- ^ "Pionero de la telefonía móvil sugiere preocuparse por el cliente". www.paginasiete.bo (in Spanish). Retrieved 2020-12-07.
- ^ "Tesbrit gets greenlight to buy up to 49.9% of 2degrees". National Business Review. 31 July 2017. Archived from the original on 31 October 2020. Retrieved 19 April 2025.
- ^ "Empresa de Telecomunicaciones Nuevatel PCS de Bolivia S.A." asfi.gob.bo. Retrieved 2020-12-07.
- ^ "Trilogy International Partners Inc. Announces Bolivia Transaction". Trilogy International Partners. Retrieved 31 March 2022.
- ^ "Trilogy International Partners Inc. Announces Foreign Currency Contract". Trilogy International Partners. Retrieved 31 March 2022.