0
Wireless

Telegram raises USD 1 bln in new funding, with USD 150 mln from Abu Dhabi investors

Tuesday 23 March 2021 | 14:58 CET | News
The messaging app Telegram has received a new USD 150 million from UAE investors. Mubadala Investment Company, the Abu Dhabi sovereign investor, and Abu Dhabi Catalyst partners have each invested USD 75 million in the company. Telegram co-founder Pavel Durov said the investment is part of a wider bond issue in which the company raised USD 1 billion from multiple investors.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Telegram
Countries: World
::: add a comment
This article is part of dossier

Coronavirus


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Telegram plans launch of video-conferencing service in May

Published 30 Apr 2021 10:36 CET | Russian Federation
Russian messenger Telegram plans to launch a video-conferencing option in May, said Pavel Durov, the CEO of the company. Video ...

Telegram eyes IPO in 2023 - report

Published 12 Apr 2021 16:56 CET | World
Telegram has started preparing for an initial public offering of shares, likely to take place in 2023, reports Vedomosti citing ...

Telegram passes 500 mln monthly active users

Published 13 Jan 2021 08:40 CET | World
Messaging app Telegram has surpassed 500 million monthly active users in the first week of January. Some 25 million new users ...

Telegram to begin monetising app

Published 23 Dec 2020 18:34 CET | World
Messaging application Telegram is approaching the 500 million user mark and plans to generate revenue starting next year to keep ...

Telegram launches video calls

Published 17 Aug 2020 08:44 CET | World
The messaging app Telegram has launched video calls, adding to its text messaging. The alpha version of the release is available ...

Telegram to return USD 1.2 bln to investors, pay USD 18.5 mln penalty under SEC settlement

Published 29 Jun 2020 11:42 CET | United States
The US Securities and Exchange Commission announced court approval of settlements with Telegram to resolve charges that ...





Calendar   /   Industry Events

11 May United Internet Q1 2021
11 May Softbank FY results
11 May Magyar Telekom Q1 2021
11 May Radcom Q1 2021
11 May Vizio Q1 2021
11 May Allot Q1 2021
11 May Telefonica Brasil Q1 2021
11 May Sonim Q1 2021
11 May Lattice Semiconductor investor day
11 May Small Cells World Summit
12 May Lumentum fiscal Q3
12 May Syn Q1 results 2021
12 May OTE Q1 2021
12 May NEC FY results
12 May Telefonica Deutschland Q1 2021
12 May Deutsche Telekom Q1 2021
12 May Bredband2 Q1 2021
12 May BT FY results
12 May Mediaset Q1 2021
12 May Airtel Africa Q1 2021
13 May Poly fiscal Q4
13 May Alibaba Group Q1
13 May Inwit Q1 2021
13 May Telefonica Q1 2021
13 May DZS investors day
14 May Digi Communications Q1 2021
14 May Japan Display FY results
14 May Sohu.com Q1 2021
14 May Sogou Q1 2021
14 May Telesat Q1
::: More Calendar Items