Trilogy International Partners Inc.

Trilogy International Partners Inc.

TLLYF
Trilogy International Partners Inc.US flagOther OTC
0.07
USD
+0.01
- -
5.76MMarket Cap
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Bradley Jay Horwitz
Full Time Employees
5
Sector
Communication Services
Industry
Telecommunications Services
Address
155 108th Avenue NE Bellevue WA United States of America 98004
IPO Date
Sep 28, 2017
Business
Trilogy International Partners Inc. (TLLYF) maintains no significant operations following the divestiture of its wireless telecommunications assets. Previously, the company provided wireless voice, data, mobile broadband, fixed broadband, international long distance, roaming, public telephony, and related communications services through subsidiaries such as 2degrees in New Zealand and NuevaTel PCS de Bolivia in Bolivia; these offerings targeted residential, enterprise, and roaming customers across emerging and underserved markets. Trilogy International Partners operates from its headquarters at 155 108th Avenue NE, Suite 400, Bellevue, Washington, with a founding history tracing to 2005 as the parent of Trilogy International Partners LLC; as of March 28, 2024, it functions as a wholly-owned subsidiary of SG Enterprises II, LLC, controlled by John W. Stanton and Theresa E. Gillespie, after a court-approved plan of arrangement that acquired the remaining 80.9% of shares it did not own. In 2022, the company completed the sale of its 2degrees stake to a consortium including Macquarie Asset Management, Aware Super, and Vocus Group for approximately NZ$1.315 billion, enabling debt repayment of about USD$450 million and initial shareholder distributions, with remaining Bolivia operations historically focused on prepaid and postpaid plans. The go-private transaction in March 2024 involved all other directors resigning post-closing, delisting from the TSX Venture Exchange, and a nominal purchase price of $0.001 per share after a $0.065 per share pre-closing distribution. Note that a separate UK-based entity named Trilogy International, acquired by Korn Ferry in late 2024, specializes in digital interim recruitment and is unrelated to this telecommunications holding company.

Company News

APIChat
  • Trilogy International Partners Inc. and SG Enterprises II, LLC Announce Completion of Go-Private Transaction

  • Trilogy International Partners Inc. Announces Shareholder Approval of Go-Private Transaction at Special Meeting

  • Trilogy International Partners Inc. and SG Enterprises II, LLC Announce Go-Private Transaction

  • SG Enterprises II, LLC Submits Non-Binding Offer To Acquire Trilogy International Partners Inc.

  • Trilogy International Partners Inc. Reports Third Quarter 2023 Results and Appoints Director

  • Trilogy International Partners Inc. Reports Second Quarter 2023 Results

  • Trilogy International Partners Inc. Announces Completion of Distribution to Shareholders

  • Trilogy International Partners Inc. Announces C$27.5 Million Distribution to Shareholders and Departure of Chief Financial Officer Erik Mickels