Tango Telecom
Tango Telecom is now part of the CSG family.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2015 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | - | (5 %) | (36 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | 14 % | 16 % | (59 %) |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | - | 13 % | 15 % | (61 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Founded in 1999, Tango Telecom is a Limerick-based company that established itself as a provider of monetization solutions for mobile networks. The company was founded with a vision to evolve and enhance mobile operators' service revenues across various technologies. Dr. Colm Ward served as the company's CEO. In May 2021, Tango Telecom was acquired by CSG, a US-based Nasdaq-listed company, for an undisclosed sum. This acquisition was the culmination of a decade-long partnership between the two companies.
Tango Telecom's core business revolves around providing software for telecommunications operators. The company's flagship product, the Tango DRE™ (Data Retail Engine), is an end-to-end, real-time monetization platform. This platform enables operators to explore new business models and markets across 4G and 5G networks. The company's solutions are cloud-native and based on microservices, offering agility to monetize various use-cases such as roaming services, IoT, enterprise services, and connected cars. Tango Telecom's offerings include policy control, real-time charging, and messaging services, which help operators manage data transactions and improve customer engagement. The client base includes major global telecom groups like América Móvil, Telefónica, and Airtel, with its technology supporting over one billion subscribers in more than 50 countries.
The company's revenue is generated by selling its software solutions to telecommunication providers. A significant milestone for the company was winning the Best Customer Care and CRM solution award at the GSMA Mobile World Congress in 2011 for its Dynamic Pricing Service implemented with Airtel Africa. This service allows operators to dynamically price voice services based on factors like cell load, location, and time of day. Before its acquisition by CSG, Tango Telecom had raised €3 million from investors, including Delta Partners. The acquisition by CSG was a strategic move to create a complete end-to-end solution for converged voice and data services across 3G, 4G, and 5G networks, enhancing the monetization of B2B2x business models.
Keywords: telecommunications software, mobile network monetization, data monetization, policy control, real-time charging, 5G monetization, BSS solutions, convergent charging, IoT monetization, data roaming, enterprise telecom services, mobile messaging, cloud-native telecom, microservices, telecom CRM, dynamic pricing, 4G monetization, CSG, Colm Ward, telecom software vendor, mobile operator solutions, subscriber engagement, data retail engine, network functions virtualization, mobile BSS