How many total Telecom companies are there in Australia?

As of January 2026, Australia has 836 active Telecom companies.

How many Telecom companies in Australia are funded?

As of January 2026, 99 companies have received funding in this sector.

What is the total funding raised by Telecom companies in Australia?

Telecom companies in Australia have collectively raised $6.38B in funding till date.

Who are the top investors in Telecom companies in Australia?

The top investors in Telecom companies in Australia by number of investments are Cisco Investments and KKR.

Which is the highest funded Telecom company in Australia?

As of January 2026, GigaComm has raised $40.5M in funding, highest among the funded Telecom companies in Australia.

Telecom in Australia - 2026 Market & Investments Trends

The Telecom sector in Australia comprises 963 companies, including 99 funded companies having collectively raised $6.38B in venture capital money and private equity. Out of these, 191 are Series A+ funded.

Telecom sector in Australia has seen 146 acquisitions and 36 IPOs. This represents almost 18.9% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.

This sector includes companies which provide hardware and software across the various segments of the telecom infrastructure.

Telecom sector is also known as Telecommunication Tech.

Companies included in Telecom

It includes Companies which provide hardware and software across the various segments of the telecom infrastructure. It also includes companies which provide solutions related to OSS/BSS (network management, monitoring, customer management, product management)

Companies excluded in Telecom

Companies which provide semiconductors, content delivery network, end-user equipment (boosters, modems, phones), defence communication equipment, resellers, distributors, marketplaces. Also excludes companies which provide solutions related to telecom operations & maintenance (system integrator), VAS (value-added services),Companies which own the network (sub-sea cables, fiber, IP) and provide wholesale network services to the service providers, Companies which own the telecom towers (passive infrastructure)

Key Metrics

Total Companies

963

Top Companies

Optus, Telstra & more

Total Funding

$6.38B

Funded Companies

Series A+ Companies

191

Series C+ Companies

185

IPOs

Acquisitions

146

Also known as

Telecommunication Tech

View complete details of this sector

There are more than 963 companies in Telecom in Australia. Optus is the top Telecom company in Australia, ranked using Tracxn Score (what's this?).

Here are 5 of the top Telecom companies in Australia:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
Optus	Provider of mobile internet services for home and offices	North Ryde (Australia)	1981	Acquired	$19.7M
Telstra	Provider of telecommunications and information services	Melbourne (Australia)	1901	Public	-
Flexiroam	Provider of IoT connectivity and eSIM services	North Fremantle (Australia)	2011	Public	-
Vocus	Provider of infrastructure and fiber optic internet services	Sydney (Australia)	2008	Acquired	-
Amaysim	Provider of mobile telecommunication services	Sydney (Australia)	2010	Acquired	-

Get a longer list of companies

Companies founded year-on-year in the Telecom sector in Australia

39 Telecom startups in Australia were founded in 2017 - 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	2
2023	6
2022	19
2021	17
2020	16
2019	27
2018	21
2017	39

Stage-wise distribution of Telecom sector companies in Australia

Out of the total 963 Telecom companies in Australia, 99 have secured funding. Among them, 191 have reached Series A or higher, and 188 to Series B or beyond.

Founded - 963

Funded - 99

Series A+ - 191

Series B+ - 188

Series C+ - 185

Company Stage	No. of companies
Founded	963
Funded	99
Series A+	191
Series B+	188
Series C+	185

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Total funding year-on-year in the Telecom sector in Australia

The Telecom sector in Australia saw a total funding of more than $4.76B in the last 10 years. The most amount of funding was in 2021 at more than $2.18B.

Total Funding

Year	Total Funding
2025	$134M
2024	$20.1M
2023	$34M
2022	$1.04B
2021	$2.18B
2020	$118M
2019	$3.31M
2018	$1.06B
2017	$29.5M

Recent Funding Rounds in Telecom in Australia

In the year 2024, till October 2024, Telecom companies in Australia have raised $19.9M in equity funding across 4 rounds. In the same period last year (i.e. till March 2023), Telecom companies in Australia had raised $24M across 2 rounds. So, 2024 has seen a 16.76% drop in funding in Telecom companies in Australia as compared to 2023.

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

Company	Round Raised	Amount Raised	Funding Date	Investors
FiberSense	Series B	6186	Oct 25, 2024	Prosus and 1 more
Communicate Technology	PE	9012	Jun 19, 2024	Rockpool Investments
Radian Arc	Series B	6882	Jun 11, 2024	BITKRAFT Ventures and 3 more
GigaComm	Series B	7229	Feb 13, 2024	Macquarie Capital and 1 more
More	Seed	5825	Nov 29, 2023	CommBank

See a more detailed list of funding rounds

Cisco Investments is the top investor in Telecom companies in Australia based on number of companies invested.

Here are some top investors in Telecom companies in Australia:

Investor	Location	Top Portfolio Companies
Cisco Investments	San Jose (United States)	-
KKR	New York City (United States)	-
The Carlyle Group	Washington, DC (United States)	-
TPG	Fort Worth (United States)	Alltel
Macquarie Group	Sydney (Australia)	-

See a more detailed list of investors

In the year 2025, till September 2025, 2 acquisitions happened in Telecom sector in Australia. Last year, in 2024, a total of 6 acquisitions happened in Telecom sector in Australia.

Here are some recent, important acquisitions in Telecom sector in Australia:

Company	Acquisition Type	Acquisition Date	Acquirers
Emersion	Business Acquisition	Sep 04, 2025	-
EDF Systems	Business Acquisition	Feb 21, 2025	Purview
NetComm Wireless	Business Acquisition	Dec 26, 2024	Lantronix
Boost Mobile	Business Acquisition	Dec 02, 2024	Telstra
EM Solutions	Business Acquisition	Nov 21, 2024	Cohort

See a more detailed list of acquisitions

Acquisition trends in Telecom sector in Australia

Here are the acquisition trends in Telecom sector in Australia:

Total Number of Acquisitions

Year	No. of companies
2026	-
2025	2
2024	6
2023	4
2022	17
2021	19
2020	12
2019	15
2018	11
2017	7

In the year 2022, till November 2022, 1 IPO happened in Telecom sector in Australia.

Here are some recent, important IPOs in Telecom sector in Australia:

Company	IPO Date	Exchange Symbol
Telstra	Nov 04, 2022	OTC Markets (OTCMKTS)
Pentanet	Jan 29, 2021	Australian Securities Exchange (ASX)
Aussie Broadband	Oct 16, 2020	Australian Securities Exchange (ASX)
TPG Telecom	Jun 30, 2020	Australian Securities Exchange (ASX)
Tuas	Jun 30, 2020	Australian Securities Exchange (ASX)