EZ Easy Telecom secures €1,000,000 in its second funding round to enhance rural connectivity in Spain, backed by Faraday Venture Partners and Fondo Bolsa Social.
Target Information
EZ Easy Telecom operates under the brand Likes Telecom, specializing in white-label mobile and fiber distribution solutions tailored for operators and local distributors in rural Spain. The company, founded in 2023, aims to address the connectivity challenges faced by these regions by leveraging advanced technological platforms. Its innovative use of cloud-based Artificial Intelligence (AI) allows local distributors to create their own brand offerings rapidly through a streamlined B2B2C model.
With over 300 local distributors in its network and the capacity to deliver 15,000 services, EZ Easy Telecom has positioned itself as a significant player in the distribution market. The recent completion of a €1,000,000 capital increase in its second funding round will enable the company to scale its operations further and enhance its service offerings in underserved areas.
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Industry Overview in Spain
The telecommunications industry in Spain has undergone substantial transformation over the years, buoyed by advancements in technology and increasing demand for connectivity. As a result, many companies have begun to focus on enhancing ser
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Disclosed details
Transaction Size: $1M