MY BEAT AB
NNGM:MYBEAT0.22
SEK
-0.08
(-26.06%)
MY BEAT AB
NGM:MYBEAT
(Nordic Growth Market)
Recent
price
0.22
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- My Beat AB is a telecommunications company that operates as a mobile virtual network operator (MVNO), providing mobile telephony, broadband, and digital communications solutions to consumer and business clients across the Nordic region. The company operates through two primary segments: Consumer Telecommunications and Enterprise Cloud Communications. Its product and service portfolio comprises Mobile Voice and Data Subscriptions, featuring 5G-enabled voice calling, SMS, MMS, and varied data packages with European Union and European Economic Area roaming; Mobile Broadband Solutions, including tiered fixed data allowances and flexible usage-based plans; Digital Security and Value-Added Services, offering fraud defense and identity protection; and Business Telephony and Cloud PBX Systems, which encompass hosted VoIP telephony, softphone applications, virtual switchboards, and call center management software. My Beat delivers consumer mobile connectivity via established host carrier network infrastructure and serves retail consumers as well as small and medium-sized enterprises. In recent corporate developments, My Beat AB agreed in September 2026 to acquire Norwegian cloud communications provider Oyatel AS for SEK 80 million via a reverse takeover share consideration, substantially expanding its enterprise communications footprint into Norway. In connection with the transaction, the company initiated a comprehensive listing review process on the Spotlight Stock Market and implemented financial restructuring initiatives, including debt write-downs and set-off share issues, building upon previous growth initiatives such as the acquisition and customer migration of Karma Mobil AB. Founded in 2014, My Beat AB is headquartered in Stockholm, Sweden.