Odido
fund manager
sector
Technology and Software
geography
Europe
Vintages
status
Portfolio
category
#StrongGrowth

Odido

Co-invested company
Odido, which operates four brands - T-Mobile, Tele2, Ben and Simpel - is one of Europe's leading telecommunications operators.
 Offices of T-Mobile, part of the Private Equity manager's portfolio Apax

Odido key figures

7 M
customers in 2024
1500
employees
4
Brands
2007
year established
Data at
4/10/24
*Source: Public data from company websites and social networks. For the most up-to-date information, we invite our investors to consult the reports available in their own space.

About Odido

Odido (formerly T-Mobile Netherlands) is the first mobile network operator in the Netherlands and the first to offer unlimited, nationwide 5G.

The company has 116.6 million customers. It posted sales of $19.20 billion in the second quarter of 2023 and net income of $2.22 billion over the same period.

"We've set bold goals and implemented a sustainable, differentiated plan that's working exactly as we planned. Today, with our unique growth opportunities, the momentum of our latest initiatives and an unquenchable desire to be the best at serving our customers, we are the company to watch - and we have no intention of slowing down," explains Mike Sievert, the operator's CEO.

In June 2023, T-Mobile, in partnership with Valmont Industries, broke the record for the longest flight for a drone, with a distance of 120km thanks to 5G connectivity.

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