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Trusted by
Acquiring Company
Greenline Technologies
Acquired Company
SOCATEL
Description
The Central African government has announced the acquisition of SOCATEL by Greenline Technologies, aiming to revitalize the struggling telecom operator. This acquisition is backed by a planned investment of USD 150 million to modernize SOCATEL’s infrastructure and services. The transition to the operational phase follows a memorandum of understanding signed in September 2025.
Fundz sees it the moment Greenline Technologies makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired SOCATEL?
SOCATEL was acquired by Greenline Technologies, based in United States. The deal was reported on July 22, 2026. Greenline Technologies is an American company focused on innovative telecommunications solutions. They are known for their involvement in the digital transformation of telecommunications in emerging markets. Greenline Technologies is privately held and operates in Information Technology.
When did Greenline Technologies acquire SOCATEL?
Greenline Technologies's acquisition of SOCATEL was reported on July 22, 2026. The Central African government has announced the acquisition of SOCATEL by Greenline Technologies, aiming to revitalize the struggling telecom operator. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does SOCATEL do?
SOCATEL is the state-owned telecommunications operator in the Central African Republic. It has faced significant financial and operational difficulties over the years, struggling to modernize its infrastructure. It is privately held, operating in Hardware, and is based in Central African Republic.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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