Tekmovil

Founded in 2018 by a group of executives with extensive experience in the telecommunications industry, Tekmovil operates as a distributor and service provider for mobile technology and consumer electronics. The founders, including Co-founder and COO Claudia Rodríguez, who previously held senior roles at Motorola, leveraged their expertise to establish the company. They identified an opportunity to help electronics brands penetrate and expand within the Latin American and North American markets. Initially, the company's major success was driven by a partnership with Xiaomi to distribute its smartphones in Latin America, significantly contributing to Xiaomi's growth in the region.

Tekmovil's business model initially focused on business-to-business (B2B) distribution, managing the relationship between brands like Xiaomi and major carriers such as Telcel. The company's value proposition is to move beyond traditional distribution by offering a suite of technology-enabled services that maximize brand performance and client value. These services, under the "TekDistribution" banner, include product portfolio strategy, logistics management, sell-in and sell-out management, e-commerce, and market intelligence. In a strategic shift that began around 2020, Tekmovil expanded into the direct-to-consumer (D2C) market to create a more direct relationship with end-users and gather valuable first-party data. This move was designed to build an omnichannel experience, with plans to complement its e-commerce sites with physical stores.

Headquartered in Miami, Florida, Tekmovil's operations have grown to span over 14 countries. In September 2023, TPT Global Tech, a technology holding company, acquired a 60% stake in Tekmovil. This acquisition aims to integrate TPT's VuMe Super App into the devices distributed by Tekmovil, creating a new mobile content ecosystem. For the twelve months ending June 30, 2023, Tekmovil reported approximately $210 million in revenue. The company also provides value-added services through its "TekServices" division, which was strengthened by an investment in C3llpoint to offer services like handset protection.

Keywords: mobile technology distribution, consumer electronics, Latin America telecom, brand distribution services, supply chain logistics, direct-to-consumer electronics, B2B electronics distribution, omnichannel retail, market expansion services, Xiaomi distributor, TPT Global Tech, Claudia Rodríguez, mobile device distribution, electronics market intelligence, sell-through management, handset protection services, e-commerce distribution, telecommunications services, Miami startup, mobile content ecosystem