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Vivacom - About the company

Vivacom is an acquired company based in Sofia (Bulgaria), founded in 1879. It operates as a Telecom operator services. Vivacom has raised $356M in funding. The company has 22 active competitors, including 15 that have exited. Its top competitors include companies like AT&T, Verizon and Vodafone.

Company Details

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Key Metrics
Founded Year
1879
Location
Sofia, Bulgaria
Stage
Acquired
Total Funding
$356M in 3 rounds
Investors
Ranked
Employee Count
2,358 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by United Group (Nov 07, 2019)

Vivacom's acquisition details

Vivacom got acquired by United Group on Nov 07, 2019 at an acquisition amount of $*****.
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Vivacom's funding and investors

Vivacom has raised a total funding of $356M over 3 rounds. Its first funding round was on Jun 2004. Vivacom has 7 institutional investors.

Here is the list of recent funding rounds of Vivacom:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 20, 2018
4452107
Conventional Debt
4665035
5311005
1117345
7883383
Aug 01, 2008
4189254
Conventional Debt
3312867
9639286
8592842
Jun 2004
8167792
PE
2502951
1620828
8158616
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Vivacom's founders and board of directors

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Vivacom's employee count trend

Vivacom has 2,358 employees as of Sep 26. Here is Vivacom's employee count trend over the years:
Employee count trend for Vivacom
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Vivacom's Competitors and alternates

Top competitors of Vivacom include AT&T, Verizon and Vodafone. Here is the list of Top 10 competitors of Vivacom, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for AT&T
AT&T
1876, Dallas (United States), Public
Provider of wireless and internet services
-
80/100
2nd
Logo for Verizon
Verizon
1983, New York City (United States), Public
Provider of wireless, internet, TV, and phone services
-
79/100
3rd
Logo for Vodafone
Vodafone
1982, Newbury (United Kingdom), Public
Virtual card-linked wallet for consumer payments
-
78/100
4th
Logo for Telecom Italia
Telecom Italia
1994, Rome (Italy), Public
Integrated telecom service provider
-
78/100
5th
Logo for Comcast
Comcast
1963, Philadelphia (United States), Public
Provider of phone, internet, and television services
-
73/100
6th
Logo for Vivacom
Vivacom
1879, Sofia (Bulgaria), Acquired
Telecom operator services
$356M
72/100
7th
Logo for Orange
Orange
1988, Issy les Moulineaux (France), Acquired
French Telecommunication major
-
71/100
8th
Logo for Telefonica
Telefonica
1924, Madrid (Spain), Public
Provider of mobile and fixed-line telephony services
-
68/100
9th
Logo for Africell
Africell
2001, Beirut (Lebanon), Funding Raised
Provider of mobile communication services
-
65/100
10th
Logo for Liberty Global
Liberty Global
2005, London (United Kingdom), Public
Provider of mobile communication and broadband network services
-
65/100
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Vivacom's Investments and acquisitions

Vivacom has acquired 2 companies including Networx BG and Telnet. Vivacom has not made any investments as of now.

News related to Vivacom

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Media has covered Vivacom for a total of 12 events in the last 1 year, 9 of them have been about company updates and 2 about partnerships.
•
Vivacom adds BBC First and BBC Earth to EON in BulgariaBroadband TV News•Mar 17, 2026•Vivacom, BBC Earth, BBC
•
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