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Smile Communications logo — company profile

Smile Communications

Founded 2007 471 employees Debt Financing Total: $365.00M Internet, Mobile

General Information

Company Name Smile Communications
Founded Year 2007
Employees 471
Industries Internet, Mobile
Funding Stage Debt Financing
Social

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About Smile Communications

Smile Communications is a pioneering company that delivers affordable, high-quality, and easy-to-use broadband access and communication services across Africa. Founded in 2007, Smile has been at the forefront of utilizing technology to create innovative solutions for cost-effective deployment of advanced communication services. In 2012, the company made a significant milestone by introducing the first 4G LTE broadband service in Africa, revolutionizing internet access on the continent with superfast, high-quality, and reliable connectivity. The company's 4G LTE broadband data capabilities are not only changing the way African people connect to the world but also holding the potential to accelerate the productive capacity of the African economy. This impactful venture drew significant attention from investors, with the latest being a $50.00M private equity round investment on 08 September 2015. The investors in this round were the South African Government Employees Pension Fund and the Public Investment Corporation, underlining the confidence of these institutions in Smile's vision and potential. With an operational focus on the Internet and Mobile industries, Smile Communications' pioneering initiatives and strategic partnerships continue to pave the way for enhanced connectivity and economic growth in Africa. For more details on how 4G LTE broadband is empowering Africa, visit www.smilecoms.com.

Business keywords: broadband access, communication services, 4G LTE, internet connectivity, African economy, technology innovation, high-quality service, affordable, reliable connectivity, digital empowerment, telecommunications, Africa-focused

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $315.00M 7
Public Investment Corporation, Development Bank of Southern Africa (DBSA) +5
08 Sep 2015
Private Equity Round $50.00M 2
South African Government Employees Pension Fund, Public Investment Corporation
08 Sep 2015

Smile Communications Alternatives & Competitors

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Smile Communications vs
Sage Telecom
Sage Telecom United States

Sage Telecom, Inc. is known for providing cost-effective local, long distance, mobile phone, high-sp...

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Smile Communications vs
SkyFrequency, Inc.
SkyFrequency, Inc.

Empowering communities with seamless, secure, and high-speed WiFi, redefining connectivity for moder...

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Smile Communications vs
ETB
ETB Colombia

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Post-IPO Debt
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FAQ About Smile Communications

Smile delivers affordable, high quality and easy to use broadband access and communication services to customers across Africa. Founded in 2007, Smile is at the forefront of harnessing technologies to create innovative solutions that enable the cost-effective deployment of advanced communication...
Smile Communications was founded in 2007.
Smile Communications operates in Internet and Mobile. Its work centres on broadband access, communication services, 4G LTE and internet connectivity.
Smile Communications has approximately 471 employees.
Smile Communications has completed 2 funding rounds, raising a total of $365.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Smile Communications include Sage Telecom, SkyFrequency, Inc., ETB, Unifone New Zealand Ltd, BridgeMAXX. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Smile Communications and Sage Telecom are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Smile Communications, https://bouncewatch.com/company/smile-communications, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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