Tuenti Technologies
Financials
Estimates*
EUR | 2015 |
---|---|
Revenues | 28.0m |
EBITDA | (16.6m) |
% EBITDA margin | (59 %) |
Profit | (12.8m) |
% profit margin | (46 %) |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
N/A | €9.0m | Early VC | |
€70.0m Valuation: €70.0m | Acquisition | ||
Total Funding | $9.9m |
Recent News about Tuenti Technologies
EditTuenti is a mobile telecommunications provider that focuses on offering affordable prepaid plans with extensive coverage. The company primarily serves individual consumers who are looking for cost-effective mobile solutions without the burden of long-term contracts or hidden fees. Operating in the telecommunications market, Tuenti leverages its robust network infrastructure to provide reliable and widespread coverage, ensuring that customers can stay connected wherever they are.
Tuenti's business model revolves around prepaid mobile plans, which allow customers to pay in advance for their mobile services. This model is particularly appealing to budget-conscious consumers who prefer to control their spending and avoid unexpected charges. The company generates revenue through the sale of these prepaid plans, which include various options for data, voice, and text services.
In addition to its core mobile services, Tuenti also offers value-added features such as international calling and data roaming, catering to the needs of travelers and expatriates. By focusing on transparency and customer satisfaction, Tuenti aims to build long-term relationships with its users and maintain a competitive edge in the telecommunications industry.
Keywords: prepaid plans, mobile telecommunications, extensive coverage, affordable, no hidden fees, individual consumers, network infrastructure, international calling, data roaming, customer satisfaction.