Grupo Neo
Sector:Technology
Headquarters:Madrid
Investment period:2011-2017
Activity:Telecommunication services
Transaction Type:Growth
Turnover:€16 million
Grupo Neo, through its subsidiaries, provides telecommunications services to homes and enterprises and also commercializes an optic fiber network
Grupo Neo is formed of 3 different lines of business:
- Masmovil (Grupo Neo owns 5.9% of the shares): complete provider of telecommunications services that has been listed on the MAB (Spanish Alternative Stock Market) since 2012. Currently, it is the 4th largest provider in Spain.
- Iberfibra: the company commercializes optic fiber. It has more than 17,000 kilometers of network around Spain.
- Neutra: the enterprise develops new infrastructure and offers complete solutions to commercial providers that need to supply advanced telecommunications services.
1st telecommunication operator
to provide a 4G network
Main figures
Grupo Neo provides phone services in more than 800,000 homes and 25,000 companies through Masmovil: it is the 4th largest operator in Spain and the 1st independent telecommunication company.
The group is highly qualified in providing services to companies, offering a complete product for more than 10 years.
1st telecommunication operator providing 4G-LTE network stations with 3.5GHz frequencies with coverage throughout Spain.
Complete services
of landline telephone, mobile phone, internet and cloud
Key points
4th national
telecommunications provider
€145 million
of turnover through Masmovil
17.000 kilometers
of fiber network and more than 200 4G-LTE stations