Trilogy International Partners

For other companies named Trilogy, see Trilogy (disambiguation) § Business.

Trilogy International Partners, LLC is an American wireless telecommunications company based in Bellevue, Washington. The company was listed on the Toronto Stock Exchange.

Trilogy International Partners

Industry	Telecommunications
Founded	2005; 20 years ago (2005)
Founder	John W. Stanton Brad Horwitz Theresa Gillespie
Headquarters	Bellevue, Washington , USA
Key people	John W. Stanton (Chairman) Brad Horwitz (CEO)
Website	http://www.trilogy-international.com/

In March 2024, it was announced that SG Enterprises II, LLC had acquired an 80.1% stake in the company for approximately $5 million.^[1][2]

History

Trilogy was founded in 2005 by John W. Stanton, an American wireless businessman, and several associates.^[3] The founders previously managed Western Wireless, an American wireless operator, that merged with Alltel in 2005 for $6 billion.^[4]

Comcel Haiti, their company in Haiti, was sold to Digicel Group in March 2012.^[5] In 2015, Trilogy's Dominican Republic operations, Trilogy Dominicana (now Viva), were sold to Telemicro Group, a local firm.^[6]

In 2017, Trilogy listed on the Toronto Stock Exchange, through a take-over by a company on that exchange.^[3] As part of this transaction, the company raised $270 million.^{[citation needed]} The company was listed on the TSX until 2024 when it was taken private by SG Enterprises II.^[7]

Business

Trilogy owned two wireless telecommunications companies, 2degrees in New Zealand and Nuevatel in Bolivia.^[8]

2degrees is the third largest mobile provider in New Zealand, with 23% of the market as of 2017.^[3] 2degrees also provides fixed-line phone and broadband services, although it has a small market share for these services. Trilogy had a 51% stake in 2degrees, with remaining owners including Tesbrit BV.^[9]

Nuevatel is the third largest mobile provider in Bolivia, with a 24% market share as of 2017.^[3] Trilogy had a 72% interest in the company, with the remaining 28% percent belonging to local telephone cooperative COMTECO.^[10] Nuevatel operates under the brand name Viva.

Both companies were sold in 2022. While Trilogy only expected to receive a "nominal" amount for Nuevatel,^[11] the company expected proceeds of NZD 930 million from the sale of its majority stake in 2degrees.^[12]