When was Cyta founded?

Cyta was founded in 1961 and raised its 1st funding round 54 years after it was founded.

Where is Cyta located?

Cyta is headquartered in Nicosia, Cyprus.

How many employees does Cyta have?

As of Jul 31, 2026, the latest employee count at Cyta is 1319.

Is Cyta a funded company?

Cyta is a funded company, having raised an undisclosed amount across 6 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on 2015.

How much is Cyta worth?

The last known valuation of Cyta was $***** as of Jul 06, 2018.

When was the latest funding round of Cyta?

Cyta's latest funding was a $***** Grant (prize money) round on Apr 15, 2021, with participation from 1 investor.

Where does Cyta rank among its competitors?

Cyta ranks 143rd amongst 3693 active competitors, of which 52 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was SK Telecom, which secured $2.2B in Aug, 2026.

Who are the top competitors of Cyta?

Cyta's top competitors include T-Mobile, MTN and AT&T. Among them, SK Telecom secured the most recent funding round in August, 2026.

Cyta - 2026 Company Profile, Funding & Competitors

Cyta is an acquired company based in Nicosia (Cyprus), founded in 1961. It operates as a Provider of satellite network, data, and voice telecommunication services. Cyta has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 3693 active competitors, including 52 funded and 577 that have exited. Its top competitors include companies like T-Mobile, MTN and AT&T.

Company Details

Website: www.cyta.com.cy/personal/el
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Key Metrics

Founded Year

1961

Location

Nicosia, Cyprus

Stage

Acquired

Latest Funding Round

Grant (prize money), Apr 15, 2021, $*****

Last Known Valuation

$***** as on Jul 06, 2018

Investors

Europa

Ranked

143^rd among 3693 active competitors

Employee Count

1,319 as on Jul 31, 2026

Similar Companies

T-Mobile & 4162 more

Exit Details

Acquired by Vodafone (Jul 06, 2018)

View Cyta's full profile

Cyta got acquired by Vodafone on Jul 06, 2018.

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Cyta has raised funding over 6 rounds. Its first funding round was on 2015. Its latest funding round was a Grant (prize money) round on Apr 15, 2021 for $*****. 1 investor participated in its latest round. Cyta has 1 institutional investor.

Here is the list of recent funding rounds of Cyta:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 15, 2021	5070416	Grant (prize money)	4804731	2316298	6467168	6146665
Jan 01, 2021	4983562	Grant (prize money)	4406594	2539483	6467047	Europa
Jan 01, 2019	7355074	Grant (prize money)	4573254	8789210	9059649	Europa

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View details of Cyta's funding rounds and investors

Cyta's employee count trend

Cyta has 1,319 employees as of Jul 26. Here is Cyta's employee count trend over the years:

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Top competitors of Cyta include T-Mobile, MTN and AT&T. Here is the list of Top 10 competitors of Cyta, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	T-Mobile 1994, Bellevue (United States), Public	Provider of mobile telecommunication services	-	Alcor Fund, Commerzbank & 16 others	82/100
2nd	MTN 1994, Fairland (South Africa), Public	Provider of mobile network services	$7.05M	Barclays Bank of Uganda, KCB Group & 38 others	81/100
3rd	AT&T 1876, Dallas (United States), Public	Provider of wireless and internet services	-	J.L. Bainbridge & Company, Elliott Management ... & 13 others	79/100
4th	SoftBank 1986, Tokyo (Japan), Series A	Company that offers mobile phones, internet, and clean energy services	$8.99M	Yahoo Japan, Red Badge Management	78/100
5th	Verizon 1983, New York City (United States), Public	Provider of wireless, internet, TV, and phone services	-	The Kessler Group, Local Initiatives Support Corporation ... & 17 others	78/100
6th	SK Telecom 1984, South Korea, Public	Provider of integrated telecommunication services	-	UBS, HSBC & 5 others	78/100
7th	Telecom Italia 1994, Rome (Italy), Public	Integrated telecom service provider	-	Elliott Management, CDP Equity & 3 others	78/100
8th	Optus 1981, North Ryde (Australia), Acquired	Provider of mobile internet services for home and offices	$19.7M	Australian Wildlife Conservancy, Temasek	77/100
9th	Telus 1990, Vancouver (Canada), Public	Integrated telecom and IPTV services provider	-	CIBC, RBC Capital Markets & 2 others	77/100
10th	Vodafone 1982, Newbury (United Kingdom), Public	Virtual card-linked wallet for consumer payments	-	Coast Capital, Elliott Management & 12 others	77/100
143rd	Cyta 1961, Nicosia (Cyprus), Acquired	Provider of satellite network, data, and voice telecommunication services	-	Europa	60/100