Magti

Magti is a telecommunication operator that provides smartphones, modems, mobile internet, prepaid roaming, voicemail, SMS and money transfer services. Read more

2 Followers on Owler
2 Followers on Owler
2 Followers on Owler
2 Followers on Owler

Magti

Magti is a telecommunication operator that provides smartphones, modems, mobile internet, prepaid roaming, voicemail, SMS and money transfer services. Read more

David Lee's photo - President of Magti

President

David Lee

CEO Approval Rating

69/100

Founded:

1996

Status:

PrivateIndependent Company

MAGTI TOP COMPETITORS OR ALTERNATIVES

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Geocell, LLC is the top competitor of Magti. Geocell, LLC was founded in 1996, and its headquarters is in , Tbilisi. Like Magti, Geocell, LLC also operates in the Telecommunication Services field. Geocell, LLC has 18 more employees than Magti.

Silknet is seen as one of Magti's top competitors. Silknet was founded in Tbilisi, Tbilisi} in 2010. Like Magti, Silknet also works within the Telecommunication Services field. Compared to Magti, Silknet generates $130M less revenue.

Thephone is Magti's #3 rival. Thephone's headquarters is in , England, and was founded in 1998. Thephone is in the Telecommunication field. Thephone generates 20% of Magti's revenue.

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Magti Acquisitions

No recent acquisitions found related to Magti

Magti Funding History

Since Magti was founded in 1996, it has participated in 1 round of funding. In total Magti has raised $100.0M. Magti's funding round was on Jul 2016 for a total of $100.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Jul 2016
$100M

European Bank for Reconstruction and Development

Since Magti was founded in 1996, it has participated in 1 round of funding. In total Magti has raised $100.0M. Magti's funding round was on Jul 2016 for a total of $100.0M

Magti Investments

No recent investments found related to Magti

Magti News

December 14, 2020Telecompaper

Magticom starts pay-TV promotion

(Telecompaper) Georgian operator Magticom has introduced a new pay TV package called Premium Movie, f... See more »
November 27, 2020Telecompaper

Magticom introduces new tariff construction called Coctail

(Telecompaper) Georgian operator Magticom has introduced a new type of tariff construction called Coc... See more »
October 12, 2020Telecompaper

Magticom to sell SIMs at Georgian Post outlets

(Telecompaper) Georgian mobile operator Magticom has started sales of its SIMs in shops of Georgian P... See more »
September 25, 2020Telecompaper

Magticom re-freshes logo, website

(Telecompaper) Georgian operator Magticom has re-freshed its logo and website. The cell in the logo a... See more »
August 13, 2020Telecompaper

Magticom tests 5G technology

(Telecompaper) Georgian operator Magticom announced that it has started testing the 5G technology...... See more »
July 21, 2020Telecompaper

Magticom launches new unlimited data packs

(Telecompaper) Georgian mobile operator Magticom has introduced its new unlimited data packages...... See more »
June 22, 2020Telecompaper

Magticom capex for 2019 amounted to GEL 115 mln

(Telecompaper) Georgian mobile operator Magticomsaid that capex totaled GEL 115 million in 2019. The ... See more »

Magti Videos

Social Media

Magti Headquarters

5 A. Politkovskaya Street

Tbilisi, Tbilisi0186

995-322-17-00-00

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Magti Summary

ABOUT

Overview

Magti is a telecommunication operator that provides smartphones, modems, mobile internet, prepaid roaming, voicemail, SMS and money transfer services. Magti was founded in 1996. Magti's headquarters is located in Tbilisi, Tbilisi, GE 0186. It has rais...

CEO

Magti's President, David Lee, currently has an approval rating of 69%. Magti's primary competitors are Geocell, LLC, Silknet & Thephone.

Website

magticom.ge

Frequently Asked Questions about Magti

  1. When was Magti founded?

    Magti was founded in 1996
  2. Who is Magti's CEO?

    Magti's CEO is David Lee
  3. How much revenue does Magti generate?

    Magti generates $200M in revenue
  4. How much funding does Magti have?

    Magti has historically raised $100M in funding
  1. Where is Magti's headquarters?

    Magti's headquarters is in Tbilisi Tbilisi, GE
  2. How many employees does Magti have?

    Magti has 300 employees
  3. What sector does Magti operate in?

    Magti is in Telecommunication Services
  4. Who are Magti's competitors?

    Magti's top competitors are Geocell, LLC, Silknet, Thephone