| Trilogy International Partners | |
| Industry: | Telecommunications |
| Hq Location City: | Bellevue, Washington |
| Hq Location Country: | USA |
| Website: | http://www.trilogy-international.com/ |
Trilogy International Partners, LLC is an American wireless telecommunications company based in Bellevue, Washington. Listed on the Toronto Stock Exchange, it operates through its international partially-owned subsidiaries 2degrees in New Zealand[1] and Viva in Bolivia.
In March 2024, it was announced that SG Enterprises II, LLC had acquired an 80.1% stake in the company for approximately $5 million.[2] [3]
Trilogy was founded in 2005 by John W. Stanton, an American wireless businessman, and several associates.[4] The founders previously managed Western Wireless, an American wireless operator, that merged with Alltel in 2005 for $6 billion.[5]
Comcel Haiti, their company in Haiti, was sold to Digicel group in March 2012.[6] In 2015, Trilogy's Dominican Republic operations, Trilogy Dominicana (now Viva), were sold to Telemicro Group, a local firm.[7]
In 2017, Trilogy listed on the Toronto Stock Exchange, through a take-over by a company on that exchange. As part of this transaction, the company raised $270 million. The company was listed on the TSX until 2024 when it was taken private by SG Enterprises II.[8]
Trilogy owns two wireless telecommunications companies, 2degrees in New Zealand and Nuevatel in Bolivia.[9]
2degrees is the third largest mobile provider in New Zealand, with 23% of the market as of 2017. 2degrees also provides fixed-line phone and broadband services, although it has a small market share for these services. Trilogy has a 63% stake in 2degrees, with remaining owners including Tesbrit BV.
Nuevatel is the third largest mobile provider in Bolivia, with a 24% market share as of 2017. Trilogy has a 72% interest in the company, the remaining 28% percent belongs to local telephone cooperative COMTECO.[10] Nuevatel operates under the brand name Viva.
Both companies are being sold in 2022. While Trilogy will only receive a "nominal" amount for Nuevatel,[11] the company expects proceeds of NZD 930 million from the sale of its majority stake in 2degrees.[12]