Trilogy International Partners, LLC is an American wireless telecommunications company based in

Bellevue, Washington Bellevue ( ) is a city in the Eastside (King County, Washington), Eastside region of King County, Washington, United States, located across Lake Washington from Seattle. It is the third-largest city in the Seattle metropolitan area, and the f ...

. The company was listed on the

Toronto Stock Exchange The Toronto Stock Exchange (TSX; ) is a stock exchange located in Toronto, Ontario, Canada. It is the List of stock exchanges, 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in th ...

. In March 2024, it was announced that SG Enterprises II, LLC had acquired an 80.1% stake in the company for approximately $5 million.

History

Trilogy was founded in 2005 by John W. Stanton, an American wireless businessman, and several associates. The founders previously managed

Western Wireless Western Wireless Corporation was a cellular network operator that provided Mobile phone, mobile telecommunications service to subscribers in 19 western states in the United States, and seven other countries. Western Wireless marketed analog cellu ...

, an American wireless operator, that merged with

Alltel Alltel was a landline, wireless service provider, wireless and general Telephone company, telecommunications services provider, primarily based in the United States. Before its wireless division was acquired by Verizon Wireless and AT&T, Alltel pr ...

in 2005 for $6 billion. Comcel Haiti, their company in Haiti, was sold to Digicel Group in March 2012. In 2015, Trilogy's Dominican Republic operations, Trilogy Dominicana (now Viva), were sold to Telemicro Group, a local firm. In 2017, Trilogy listed on the

, 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.

Business

Trilogy owned two wireless telecommunications companies, 2degrees in New Zealand and Nuevatel in Bolivia. 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 had a 51% 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 had a 72% interest in the company, with the remaining 28% percent belonging to local telephone

cooperative A cooperative (also known as co-operative, coöperative, co-op, or coop) is "an autonomy, autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned a ...

COMTECO. Nuevatel operates under the brand name Viva. Both companies were sold in 2022. While Trilogy only expected to receive a "nominal" amount for Nuevatel, the company expected proceeds of NZD 930 million from the sale of its majority stake in 2degrees.

References

{{Major telecommunications companies Companies formerly listed on the Toronto Stock Exchange Telecommunications companies of the United States Companies based in Bellevue, Washington 2024 mergers and acquisitions