U Mobile - About the company
U Mobile is an acquired company based in Kuala Lumpur (Malaysia), founded in 1998. It operates as a Provider of broadband internet and mobile telephony services. U Mobile has raised $303M in funding. The company has 3612 active competitors, including 51 funded and 567 that have exited. Its top competitors include companies like T-Mobile, Verizon and MTN.
Company Details
Key Metrics
Founded Year
1998
Location
Kuala Lumpur, Malaysia
Stage
Acquired
Total Funding
$303M in 4 rounds
Latest Funding Round
Investors
Ranked
26th among 3612 active competitors
Employee Count
2,684 as on Apr 30, 2026
Investment & Acquisitions
Exit Details
Acquired
Legal entities associated with U Mobile
U Mobile is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
U MOBILE SDN. BHD. CIN: 199101013657 , Malaysia, Active | Aug 29, 1991 | $817M (As on Dec 31, 2024) | - | - |
U Mobile's acquisition details
U Mobile got acquired on Dec 05, 2024.
Click here to take a look at U Mobile's acquisition in detail
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U Mobile's funding and investors
U Mobile has raised a total funding of $303M over 4 rounds. Its first funding round was on Mar 15, 2010. Its latest funding round was a Conventional Debt round on Nov 17, 2025 for $*****. 4 investors participated in its latest round. U Mobile has 6 institutional investors.
Here is the list of recent funding rounds of U Mobile:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 17, 2025 | 5259137 | Conventional Debt | 5808025 | 9642848 | 2112997 | 1629562 |
Mar 04, 2022 | 7260131 | Grant (prize money) | 4470914 | 5144853 | 1938322 | |
Sep 07, 2018 | 5088730 | Conventional Debt | 5302379 | 2091731 | 3986945 |
View details of U Mobile's funding rounds and investors
U Mobile's founders and board of directors
Founder? Claim ProfileU Mobile's employee count trend
U Mobile has 2,684 employees as of Apr 26. Here is U Mobile's employee count trend over the years:
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U Mobile's Competitors and alternates
Top competitors of U Mobile include T-Mobile, Verizon and MTN. Here is the list of Top 10 competitors of U Mobile, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | T-Mobile 1994, Bellevue (United States), Acquired | Provider of mobile telecommunication services | - | 84/100 | |
2nd | Verizon 1983, New York City (United States), Public | Provider of mobile and internet services for home & business | - | 81/100 | |
3rd | MTN 1994, Fairland (South Africa), Public | Provider of mobile network services | $7.05M | 81/100 | |
4th | Provider of mobile internet services for home and offices | $19.7M | 80/100 | ||
5th | Telia Company 1853, Solna (Sweden), Acquired | Provider of integrated telecom and TV services | - | 80/100 | |
6th | Zain Group 1983, Kuwait City (Kuwait), Public | Telecom services provider | - | 79/100 | |
7th | Vodafone 1982, Newbury (United Kingdom), Public | Virtual card-linked wallet for consumer payments | - | 78/100 | |
8th | AT&T 1876, Dallas (United States), Public | Provider of mobile internet, TV, and other services | - | 78/100 | |
9th | SK Telecom 1984, Seoul (South Korea), Public | Provider of integrated telecommunication services | - | 77/100 | |
10th | Proximus Group 1994, Brussels (Belgium), Public | Provider of telephony, internet, television and network-based ICT services | - | 77/100 | |
26th | Provider of broadband internet and mobile telephony services | $303M | 74/100 |
Looking for more details on U Mobile's competitors? Click here to see the top ones
U Mobile's Investments and acquisitions
U Mobile has acquired 2 companies including Digital Nasional Berhad and Digital Nasional Berhad. U Mobile has not made any investments as of now.News related to U Mobile
Media has covered U Mobile for a total of 16 events in the last 1 year, 6 of them have been about company updates and 5 about partnerships.
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TM, U Mobile enter 5G wholesale arrangement under MOCN frameworkThe Star Online•Feb 25, 2026•U Mobile, Telekom Malaysia, Huawei
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U Mobile launches neutral enterprise platform to support 5G-A, AI use casesThe Star Online•Jan 29, 2026•U Mobile
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U Mobile to roll out next generation 5G network across 20 IGB propertiesThe Star Online•Dec 10, 2025•U Mobile, IGB Berhad
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U Mobile and Unifi Mobile tie for fastest 5G download speeds in M'siaThe Star Online•Nov 19, 2025•unifi, U Mobile
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U Mobile secures $1B financing to fund Malaysia’s second 5G network build-outMobileWorldLive•Nov 17, 2025•Maybank New York, AmBank, U Mobile, CIMB Bank and 6 others
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U Mobile partners with Sacofa for Sarawak projectThe Star Online•Sep 11, 2025•U Mobile, SACOFA Sdn Bhd
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U Mobile partners with MRCA as corporate patron for 2025-2026 to boost retail digitalisationThe Star Online•Aug 25, 2025•MRCA, U Mobile
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U Mobile launches ULTRA5G at Berjaya Times Square, boosts in-building 5 G coverageThe Star Online•Aug 18, 2025•U Mobile
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