How many total Telecom Operators companies are there in Mexico?

As of January 2026, Mexico has 183 active Telecom Operators companies.

How many Telecom Operators companies in Mexico are funded?

As of January 2026, 19 companies have received funding in this sector.

What is the total funding raised by Telecom Operators companies in Mexico?

Telecom Operators companies in Mexico have collectively raised $1.17B in funding till date.

Which is the highest funded Telecom Operators company in Mexico?

As of January 2026, Unefon has raised $250M in funding, highest among the funded Telecom Operators companies in Mexico.

Telecom Operators in Mexico - 2026 Market & Investments Trends

Q: Who are the top investors in Telecom Operators companies in Mexico?

The top investors in Telecom Operators companies in Mexico by number of investments are Temasek and Advent International.

The Telecom Operators sector in Mexico comprises 216 companies, including 19 funded companies having collectively raised $1.17B in venture capital money and private equity. Out of these, 18 are Series A+ funded.

Telecom Operators sector in Mexico has seen 12 acquisitions and 4 IPOs. This represents almost 7.4% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.

This sector includes telecom operators providing voice and internet services to the residential and business customers.

Telecom Operators sector is also known as Wireless Communication Operators, Wireless Subscribers or Telecommunication Operators.

Companies included in Telecom Operators

All the companies that provide communication services (voice or data) like wireless (cellular, wi-fi, MVNOs), fixed-line (fiber, cable), business telephony (VoIP, PBX), and satellite communication.

Companies excluded in Telecom Operators

Telecom companies that don't provide services directly to the end customers (residential or business) like telecom infrastructure (towers, equipment, network), OSS/BSS players, system integrators etc. Also doesn't include companies providing mobile handsets, phone systems, modems etc. Also excludes installation & deployment services provider.

Key Metrics

Total Companies

216

Top Companies

AT&T Mexico, Izzi telecom & more

Total Funding

$1.17B

Funded Companies

Series A+ Companies

Series C+ Companies

IPOs

Acquisitions

Also known as

Wireless Communication Operators or Wireless Subscribers

View complete details of this sector

There are more than 216 companies in Telecom Operators in Mexico. AT&T Mexico is the top Telecom Operators company in Mexico, ranked using Tracxn Score (what's this?).

Here are 5 of the top Telecom Operators companies in Mexico:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
AT&T Mexico	Provider of wireless communication services and mobile devices	Mexico City (Mexico)	1876	Unfunded	-
Izzi telecom	Fixed-line telecom and TV services provider	Mexico City (Mexico)	1966	Unfunded	-
Megacable	Cable TV, Telecom and broadband service provider in Mexico	Guadalajara (Mexico)	1983	Public	-
Claro	Provider of mobile network, internet, television, and telephony services	Mexico City (Mexico)	2003	Funding Raised	-
Telmex	Fixed-line telecommunication services provider	Mexico City (Mexico)	1947	Unfunded	-

Get a longer list of companies

Companies founded year-on-year in the Telecom Operators sector in Mexico

27 Telecom Operators startups in Mexico were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.

Total Number of Companies

Year	No. of companies
2026	-
2025	-
2024	1
2023	3
2022	19
2021	27
2020	24
2019	11
2018	13
2017	14

Stage-wise distribution of Telecom Operators sector companies in Mexico

Out of the total 216 Telecom Operators companies in Mexico, 19 have secured funding. Among them, 18 have reached Series A or higher, and 18 to Series B or beyond.

Founded - 216

Funded - 19

Series A+ - 18

Series B+ - 18

Series C+ - 17

Company Stage	No. of companies
Founded	216
Funded	19
Series A+	18
Series B+	18
Series C+	17

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Recent Funding Rounds in Telecom Operators in Mexico

In the year 2018, till June 2018, Telecom Operators companies in Mexico have raised equity funding across 1 round.

Here are some recent, important funding rounds in Telecom Operators companies in Mexico:

Company	Round Raised	Amount Raised	Funding Date	Investors
Simplii	Seed	1668	Jun 01, 2018	MassChallenge
Weex	Series A	8315	Mar 03, 2016	ALLVP
Fontacto	Seed	2000	May 16, 2012	500 Global and 1 more
Micel	Series B	4114	Sep 07, 2011	Omidyar Network and 1 more
Satmex	Series C	4802	May 26, 2011	-

See a more detailed list of funding rounds

Temasek is the top investor in Telecom Operators companies in Mexico based on number of companies invested.

Here are some top investors in Telecom Operators companies in Mexico:

Investor	Location	Top Portfolio Companies
Temasek	Singapore (Singapore)	-
Advent International	Sao Paulo (Brazil)	-
Caisse de depot et placement du Quebec	Quebec City (Canada)	-
IGNIA	Mexico City (Mexico)	Micel
IFC Asset Management Company	Washington, DC (United States)	-

See a more detailed list of investors

In the year 2023, till May 2023, 1 acquisition happened in Telecom Operators sector in Mexico.

Here are some recent, important acquisitions in Telecom Operators sector in Mexico:

Company	Acquisition Type	Acquisition Date	Acquirers
Concordia ClienteCO Telecomunicacoes	Business Acquisition	May 11, 2023	Unifique
Maxcom	Business Acquisition	Nov 26, 2021	Transtelco
GuruComm	Business Acquisition	Mar 29, 2021	Betterware
HotSpot International	Business Acquisition	Nov 08, 2019	Parity Technology Solutions
Weex	Business Acquisition	Aug 08, 2019	YO Mobile

See a more detailed list of acquisitions

Acquisition trends in Telecom Operators sector in Mexico

Here are the acquisition trends in Telecom Operators sector in Mexico:

Total Number of Acquisitions

Year	No. of companies
2026	-
2025	-
2024	-
2023	1
2022	-
2021	2
2020	-
2019	2
2018	-
2017	-

In the year 2023, till September 2023, 4 IPOs happened in Telecom Operators sector in Mexico.

Here are some recent, important IPOs in Telecom Operators sector in Mexico:

Company	IPO Date	Exchange Symbol
America Movil	Sep 01, 2023	Mexican Stock Exchange (BMV)
America Movil	Apr 14, 2023	OTC Markets (OTCMKTS)
America Movil	Mar 24, 2023	Frankfurt Stock Exchange (FRA)
America Movil	Mar 17, 2023	Madrid Stock Exchange (BME)
Axtel	Nov 15, 2015	Bombay Stock Exchange (BSE)