When was SETAR founded?

SETAR was founded in 1986 and raised its 1st funding round 38 years after it was founded.

Where is SETAR located?

SETAR is headquartered in Oranjestad, Aruba.

How many employees does SETAR have?

As of May 31, 2026, the latest employee count at SETAR is 328.

Is SETAR a funded company?

SETAR is a funded company, having raised a total of $***** in its 1st and only funding round, a Grant (prize money) round on Apr 01, 2024.

When was the latest funding round of SETAR?

SETAR's latest funding was a $***** Grant (prize money) round on Apr 01, 2024, with participation from 1 investor.

Where does SETAR rank among its competitors?

SETAR ranks 475th amongst 3611 active competitors, of which 51 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was SETAR, which secured $4.2M in Apr, 2024.

Who are the top competitors of SETAR?

SETAR's top competitors include T-Mobile, MTN and Verizon. Among them, SETAR secured the most recent funding round in April, 2024.

SETAR - 2026 Company Profile, Funding & Competitors

Company Details

SETAR provides integrated telecommunication services to the residential as well as business customers in the island of Aruba. Its services include mobile/cellular communication (postpaid, prepaid on 2G GSM network), broadband internet (fixed-line, wireless), fixed-line telephone, and digital cable TV. It also provides bundled packages at discounted rates. It is 100% government-owned company and the leading telecom operator in the country.

Website: www.setar.aw/
Social
Email ID: *****@setar.aw

Key Metrics

Founded Year

1986

Location

Oranjestad, Aruba

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Apr 01, 2024, $*****

Investors

Europa

Ranked

475^th among 3611 active competitors

Employee Count

328 as on May 31, 2026

Similar Companies

T-Mobile & 4080 more

View SETAR's full profile

SETAR has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Apr 01, 2024 for $*****. 1 investor participated in its latest round. SETAR has 1 institutional investor.

Here is the list of recent funding rounds of SETAR:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 01, 2024	2173233	Grant (prize money)	3945637	5053828	8253706	6463259

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View details of SETAR's funding rounds and investors

SETAR's employee count trend

SETAR has 328 employees as of May 26. Here is SETAR's employee count trend over the years:

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

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	T-Mobile 1994, Bellevue (United States), Acquired	Provider of mobile telecommunication services	-	Alcor Fund, Credit Agricole CIB & 16 others	84/100
2nd	MTN 1994, Fairland (South Africa), Public	Provider of mobile network services	$7.05M	Ecobank, I&M Bank & 38 others	81/100
3rd	Verizon 1983, New York City (United States), Public	Provider of mobile and internet services for home & business	-	Gibson Wealth Advisors, Morton Brown Family Wealth ... & 16 others	81/100
4th	Optus 1981, North Ryde (Australia), Acquired	Provider of mobile internet services for home and offices	$19.7M	Australian Wildlife Conservancy, Temasek	80/100
5th	Telia Company 1853, Solna (Sweden), Acquired	Provider of integrated telecom and TV services	-	Norvestia, Europa	80/100
6th	Zain Group 1983, Kuwait City (Kuwait), Public	Telecom services provider	-	IFC, Arab Bank & 2 others	79/100
7th	Vodafone 1982, Newbury (United Kingdom), Public	Virtual card-linked wallet for consumer payments	-	Coast Capital, Elliott Management & 11 others	78/100
8th	AT&T 1876, Dallas (United States), Public	Provider of mobile internet, TV, and other services	-	J.L. Bainbridge & Company, Elliott Management ... & 12 others	78/100
9th	SK Telecom 1984, Seoul (South Korea), Public	Provider of integrated telecommunication services	-	Deutsche Bank, Barclays & 4 others	77/100
10th	Proximus Group 1994, Brussels (Belgium), Public	Provider of telephony, internet, television and network-based ICT services	-	Expon Capital & 3 others	77/100
475th	SETAR 1986, Oranjestad (Aruba), Funding Raised	Integrated telecom services provider	-	Europa	40/100