VelaTel operates as a holding company of telecommunications carriers throughout the world.
Business Model:
Revenue: $10M
Employees: 2-10
Address: 5950 La Place Ct
City: Carlsbad
State: CA
Zip: 92008
Country: US
VelaTel acquires spectrum assets through acquisition or joint venture relationships, and provides capital, engineering, architectural and construction services related to the build-out of wireless broadband telecommunications networks, which it then operates by offering services attractive to residential, enterprise and government subscribers. VelaTel currently focuses on emerging markets where internet penetration rate is low relative to the capacity of incumbent operators to provide comparable cutting edge services, and/or where the entry cost to acquire spectrum is low relative to projected subscribers. VelaTel currently has project operations in People&s;s Republic of China and Peru. Additional target markets include countries in Latin America, the Caribbean, Southeast Asia and Eastern Europe. VelaTel&s;s administrative headquarters are in San Diego, California.
Contact Phone:
+18772609170
Contact Email:
Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 8/2011 | Post-IPO Equity | $4.8M |
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Announced Date | Name | Price |
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3/2013 | Ground Properties | |
4/2012 | Herlong Investments Limited |
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