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QMC Telecom International secures $115M in credit facilities to support 5G network infrastructure investments

PRIVATEMay 09, 2024

Amount Raised

$115 Million

Round Type

Debt Financing

San JuanInformation TechnologyHardwareWireless

Investors

Société De Promotion Et De Participation Pour La Coopération économique S.A.IDB InvestDeutsche Bank's Us Private Credit And Infrastructure Team

Description

QMC Telecom International Holdings LLC successfully closed two credit facilities totaling $115 million, which will be used to support the company's 5G network infrastructure investments and its commitment to enable connectivity in the communities where it operates.

Quick answer

QMC Telecom International Holdings raised $115 Million in a Debt Financing round, dated May 9, 2024. Investors: Société De Promotion Et De Participation Pour La Coopération économique S.A., IDB Invest and Deutsche Bank's Us Private Credit And Infrastructure Team. QMC Telecom International Holdings is based in San Juan, Puerto Rico, United States.

How much did QMC Telecom International Holdings raise?
QMC Telecom International Holdings raised $115 Million in a Debt Financing round on May 9, 2024.
Who invested in QMC Telecom International Holdings?
Société De Promotion Et De Participation Pour La Coopération économique S.A., IDB Invest and Deutsche Bank's Us Private Credit And Infrastructure Team are named as investors in this round.
What does QMC Telecom International Holdings do?
Founded in San Juan, Puerto Rico, in 2011, QMC is an independent multinational owner and operator of digital wireless infrastructure.
Where is QMC Telecom International Holdings based and how big is it?
QMC Telecom International Holdings is based in San Juan, Puerto Rico, United States.
Who are the decision-makers at QMC Telecom International Holdings?
Fundz holds 1 contact at QMC Telecom International Holdings. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hardware and Wireless around the same time

Companies in the same sectors as QMC Telecom International Holdings that raised within 45 days of this round, from Fundz verified event records.

  • Uniqconn raised $7M (Series A) on June 18, 2024.
  • Guerrilla RF raised $5.2M on March 28, 2024.
  • Hello Prolog raised $31K on June 18, 2024.
  • Network Wireless Solutions raised $35M (Funding Round) on June 18, 2024.
  • Autify raised $13M (Series B) on June 17, 2024.
  • Phenix Real Time Solutions raised $3.4M on June 7, 2024.

Who to call at QMC Telecom International Holdings, and when

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Company Information

Company

QMC Telecom International Holdings

Location

San Juan, Puerto Rico, United States

About

Founded in San Juan, Puerto Rico, in 2011, QMC is an independent multinational owner and operator of digital wireless infrastructure. The Company develops, owns, acquires, and manages rooftops, macro sites, indoor DAS, and Street Level Solutions in Brazil, Colombia, Mexico, Peru, and Chile. Internationally renowned investors back QMC in partnership with management, including Accel Partners, Housatonic Partners, Quadrant Capital Advisors, and TTCER Partners.

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QMC Telecom International Holdings raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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