Altibox
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Altibox - overview
Established
2002
Location
Stavanger, NO, Norway
Primary Industry
Telecoms
About
Altibox is a telecommunications company delivering high-speed internet, television, and streaming services to residential and business customers in Norway, known for its reliability and customer satisfaction. Founded in 2002 in Stavanger, Norway, Altibox provides telecommunications services, primarily focusing on high-speed internet and television. The company has maintained a consistent business strategy with no significant pivots or changes reported. The current CEO is Tor Osmundsen.
Altibox offers a comprehensive suite of telecommunications services, including high-speed internet, television, and streaming services for both residential and business customers. Their core product, high-speed internet, boasts a 99. 99% uptime, catering to reliability-focused customers. Additionally, the flexible TV service utilizes a point system, allowing users to select channels and streaming services.
Established in Norway, Altibox is recognized for customer satisfaction, as indicated by the 'Norsk kundebarometer' survey. Innovative offerings like the Altibox Wifi Overalt mesh network enhance connectivity across various environments. In the most recent year of 2022, Altibox generated revenue of USD 279. 94 mn with an EBITDA of USD 81.
91 mn. The company operates a subscription-based revenue model where customers pay for tailored internet and television packages directly, focusing on B2C transactions. Customers often subscribe to bundled services, which enhance the value proposition but specific pricing details for individual products are not disclosed.
Primary Industry
Telecoms
Sub Industries
Telecoms Providers & Services
Website
www.altibox.no
Total Amount Raised
Subscriber access only
Altibox - timeline of key events
Altibox - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 775,232,000 | 917,517,000 | 1,033,300,000 | 1,153,132,000 | 1,467,501,000 | 1,619,400,000 | 1,714,621,000 | 2,029,925,000 | 2,206,645,000 | 2,522,938,000 | 2,970,088,000 | - | - | - |
| % Revenue Growth (YoY) | - | 18.4% | 12.6% | 11.6% | 27.3% | 10.4% | 5.9% | 18.4% | 8.7% | 14.3% | 17.7% | - | - | - |
| EBITDA (USD) | 87,261,000 | 135,160,000 | 188,853,000 | 279,004,000 | 319,008,000 | 339,804,000 | 377,142,000 | 371,755,000 | 350,771,000 | 332,732,000 | 451,976,000 | - | - | - |
| Operating Income (USD) | 31,305,000 | 75,073,000 | 121,453,000 | 186,898,000 | 240,043,000 | 216,084,000 | 280,607,000 | 250,606,000 | 199,418,000 | 134,365,000 | 156,136,000 | - | - | - |
| Operating Margin | 4.0% | 8.2% | 11.8% | 16.2% | 16.4% | 13.3% | 16.4% | 12.3% | 9.0% | 5.3% | 5.3% | - | - | - |
| % EBITDA Margin | 11.3% | 14.7% | 18.3% | 24.2% | 21.7% | 21.0% | 22.0% | 18.3% | 15.9% | 13.2% | 15.2% | - | - | - |
| NET Income (USD) | 10,539,000 | (103,202,000) | 52,974,000 | 107,513,000 | 149,239,000 | 152,758,000 | 214,185,000 | 167,550,000 | 165,421,000 | 87,459,000 | 92,829,000 | - | - | - |
| % Net Margin | 1.4% | (11.2%) | 5.1% | 9.3% | 10.2% | 9.4% | 12.5% | 8.3% | 7.5% | 3.5% | 3.1% | - | - | - |
Altibox - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Ventelo Networks AS | - |
Displaying 1 - 1 of 1
Altibox - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.