When was Onatel founded?

Onatel was founded in 1994 and raised its 1st funding round 24 years after it was founded.

Where is Onatel located?

Onatel is headquartered in Ouagadougou, Burkina Faso.

Is Onatel a funded company?

Onatel is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Apr 2018.

When was the latest funding round of Onatel?

Onatel's latest funding was a $***** Series B round on Apr 2018, with participation from 1 investor.

Where does Onatel rank among its competitors?

Onatel ranks 1045th amongst 3693 active competitors, of which 52 are funded. It stands 1st 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 Onatel?

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

Onatel - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: onatel.bf
Social
Phone Number: +226 **********
Part Of

Key Metrics

Founded Year

1994

Location

Ouagadougou, Burkina Faso

Stage

Series B

Total Funding

$50.7M in 1 round

Latest Funding Round

Series B, Apr 2018, $*****

Investors

Maroc Telecom

Ranked

1045^th among 3693 active competitors

Similar Companies

T-Mobile & 4162 more

View Onatel's full profile

Onatel has raised a total funding of $50.7M over 1 round. Its latest funding round was a Series B round on Apr 2018 for $*****. 1 investor participated in its latest round. Onatel has 1 institutional investor.

Here is the list of recent funding rounds of Onatel:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 2018	7211321	Series B	4411013	1257451	8943017	6950428

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Top competitors of Onatel include T-Mobile, MTN and AT&T. Here is the list of Top 10 competitors of Onatel, 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	SK Telecom 1984, South Korea, Public	Provider of integrated telecommunication services	-	UBS, HSBC & 5 others	78/100
5th	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
6th	Verizon 1983, New York City (United States), Public	Provider of wireless, internet, TV, and phone services	-	Gibson Wealth Advisors, Morton Brown Family Wealth ... & 17 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
1045th	Onatel 1994, Ouagadougou (Burkina Faso), Series B	Telecommunication & internet services provider	$50.7M	Maroc Telecom	25/100