The telecommunications (telecom) industry has connected the world, providing the network and infrastructure to enable smart and mobile devices. However, the traditional market is almost saturated.
Disruptive telecom startups are transforming the industry
The telecom industry has been turned upside down as mobile and innovative services sweep up the market. And yet, it is the sector that has acted as an enabler and disruptor since the early 2000s.
This is partly due to the removal of difficult regulations, and the lower barrier of entry to the market. However, it is also linked to the fast-paced change within the technology industry driven by the evolving preferences of consumers and breakthrough technological innovations that reinvent the consumer experience.
[Related article - How to Build Support for your Innovation Projects]
In this article, you will find a list of disruptive startups discovered through the Valuer platform and promotes some of the most innovative candidates within their industry.
The platform applies an unsupervised clustering algorithm to group the startups based on a wide array of parameters such as sector, financial statements, and team size. Their company descriptions are then processed by an NLP algorithm to identify relevance, through feature hashing, and are finally sorted by countries to identify top examples of the candidates within each of the represented regions.
The best telecom startups in Europe
By country in alphabetic order. One startup is listed per country.
Machine & Voice Communication creates connectivity solutions for IoT-enabled products. The company has two main products, MAVOCloud, an IoT management solution, and MavoControl, a tool able to filter and manage contents.
Founders: Helmut Lehner, Anton Cabrespina
Riaktr was founded in 2009 under the name "Real Impact Analytics". They started as a service company and changed their vision in 2018. Nowadays, Riaktr builds user-centric frameworks and software products to drive results for telecommunication companies.
Founders: Gautier Krings, Loïc Jacobs van Merlen, Pierre-Francois Crousse, Raphael Krings, Sebastien Deletaille
iService offers an efficient electronic device repair service at rates between the local gadget repair shops and official repair outlets.
Founders: Ankit Chowdhary
SimpleCell Networks is the first public mobile network operator for IoT in the Czech Republic.
SimpleCell uses the SIGFOX network to surpass the pricing and technical challenges companies face when developing the Internet of Things. SIGFOX's networks are available in 13 countries and are, therefore, a strong partner for SimpleCell.
Founders: Karel Krčmář
Having created a unique cellular network across more than 700 mobile operators globally, Onomondo enables IoT devices to securely and easily connect to a single network provider and not risk permanent issues with roaming.
Founders: Henrik Aagaard, Michael Bak, Michael Karlsen
RebelRoam offers an internet traffic optimization solution. Their vision is to enable good quality Wi-Fi access everywhere in the world. The company just launched RebelRocket, a cloud service designed to enhance mobile data usage in passenger transportation vehicles.
Founders: Henri Ploom
Callstats.io offers developers a SaaS product to build and scale communication applications more efficiently. The product monitors and manages the performance of every endpoint. In 2020, Callstats.io was acquired by 8x8.
Founders: Marcin Nagy, Shaohong Li, Varun Singh
Sigfox is the leader in the market for connectivity for the Internet of Things (IoT). The company owns a global network that connects billions of devices to the Internet. The idea is to connect every device by using as little energy as possible.
Founders: Christophe Fourtet, Ludovic Le Moan
Jodel is an app that enables its users to discuss on a daily basis on relevant conversations with people nearby. Users can exchange news, local events or funny stories. Posted messages and photos can be upvoted by you and other users, the most upvoted post results in the biggest conversations.
Founders: Alessio Avellan Borgmeyer
Apifon offers business messaging services. Through Apifon's platform, companies can create multi-channel campaigns, measure their performances and therefore, grow their audience. Apifon has the target of creating a better customer experience on its websites.
Founders: Konstantinos Stroumpakis
Invitech Solutions provides professional services to clients of the Invitel Group. The company has a nation-wide fiber network over 9000 km long, a radio network and data centers in four locations. Invitech's main products are cloud services, versatile data centers, and telecommunication solutions.
Founders: Geralt Grace
Teatime Games offers a platform for multiplayer mobile gaming experiences, enabling players to communicate with each other while playing. Their mission is to male mobile games more social and personalized.
Founders: Gunnar Hólmsteinn Gunnarson, Jóhan p. Bergpórsson, Thor Fridiksson, Ymir Örn Finnbogason
Aqua Comms offers capacity networking solutions for various actors such as content providers, data centers, cloud-based networks, and global media. Aqua Comms enjoys an excellent reputation for subsea cabling, with Aqua Comms DAC, the company managed to specialize in the building and operating of submarine cable systems.
Founders: Chris Bake
Alleantia ISC offers software, which easily connects machines, production systems or equipment with on-cloud or on-premise web and mobile applications. Companies implement Alleantia's software in order to use Machine Learning, Predictive Maintenance and Smart Grid solutions at affordable costs in their daily work.
Founders: Antonio Conati Barbaro, Marco Bicocchi Pichi, Stefano Linari
Roamer enables you to link your regular mobile number to a foreign SIM, allowing you to save up to 97% on roaming charges for calls and data.
Founders: Alex Kreger, Alex Kreger, Artjoms Krizanovskis, Petr Antropov, Simon Rabin
Exacaster offers machine-learning algorithms and tools to solve challenges encountered in sales and marketing, such as churn or usage prediction, product recommendations, and real-time dynamic pricing.
Exacaster's main product is the Exacaster Platform, which helps telecom companies and retail marketers to display data, interpret customer behavior and act accordingly.
Founders: Sarunas Chomentauskas
MTX Connect unlimited internet connection all over the world through a single SIM card. The company also developed an app for its customers, to check real-time diagnostics and allow automatic billing capabilities.
Founders: Ilya Balashov, Mike Kornev
AVO Virtual Roaming Solution offers global mobile coverage for mobiles and virtual mobiles through a telecom platform. Therefore, avoiding high roaming costs with foreign operators.
Founders: Alexandru Cebotari, Basmanov Sergey, Irina Kostina, Vladimir Oboroc
MessageBird offers a cloud communications platform based on its own telecommunications carrier infrastructure. Companies can use their platform to enhance customer communication.
Founders: Adriaan Mol, Robert Vis
Motimate is an app with a new take on e-learning and is a solution that makes training and information sharing more fun. The app will make a workday more simple through strong development, effective communication, and simple tasks and engaging training.
Founders: Lars-Petter Windelstad Kjos
Streambolico allows its users to video stream over Wifi. (acquired by Codavel). With their in-app networking SDK, apps become robust to instability and are faster on Wifi, 3G, and 4G.
Founders: Rui Costa
Russian Towers owns antenna mast structures in the territory of Russia. The company provides services on sharing telecommunication structures, therefore, reducing costs significantly for their clients.
Founders: Peter Owen Edmunds, Garth Self
Culcharge offers a compact charge and data cable, which allows its users to charge their smartphones from any device with a USB input.
Founders: Jozef Zemla, Viktor Reviliak
Reloadly fills the gap between mobile operators and developers. The company enables developers to connect with mobile operator services in an easy and efficient way.
Founders: Emmanuel Piard, Michel Francis
Anyfi Networks offers Software-Defined Wireless Networking (SDWN). Their clients can expect to increase the percentage of subscribers using their hotspots daily.
Founders: Johan Almbladh, Karl Netzell
Astrocast, in a partnership with Thuraya, Airbus, and European Space Agency, is developing an advanced Nanosatellite network for IoT. Astrocast offers the very first nanosatellite IoT Network to a market in remote areas as well for urban LPWAN apps in need of satellite backup.
Founders: Bertil Chapuis, Fabien Jordan, Federico Belloni, Jean-Michel Jordan, Julian Harris, Nicholas Petrig
Divan.TV offers an over-the-top media service that is available in 200 countries. Users can stream various TV channels, movies radio channels through Divan.TV.
Founders: Andrey Kolodyuk
floLIVE provides global, secure, cloud-native connectivity solutions to enterprises, mobile operators and cloud providers. Its platform comprises local core networks that provide local connectivity while being centrally managed and controlled over the cloud.
This unique approach enables enterprises to benefit from high performance, secure and regulatory-compliant local connectivity with the flexibility and elasticity of a cloud-native platform.
Founders: Rony Cohen and Boaz Goldman
Where are they located?
The world is more connected than ever, and the barrier to entry has been lowered meaning that hundreds of innovative telecom startups are surfacing around the world.
This article shows that the European ecosystem is especially strong with telecom startups littered across the continent.
With the imminent release of 5G cellular technology across Europe, Valuer looks forward to covering the further unfolding of technology in this industry.