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Greenline Technologies to acquire SOCATEL for $150M

PRIVATEJul 22, 2026

Acquiring Company

Greenline Technologies

Acquired Company

SOCATEL

United StatesCentral African RepublicInformation TechnologyHardwareSatellite CommunicationVoipHardware

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.

Company Information

Company

Greenline Technologies

Location

United States

About

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. The company aims to enhance connectivity and infrastructure in regions facing technological challenges.

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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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.