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- Amplitel
Amplitel Valuation, Funding & Investors
Amplitel is valued at $4.4B as of June 2021.
Last Amplitel valuation
$4.4B
Strategic investment · Jun 2021
Last Amplitel funding round
Strategic investment
Amount undisclosed · Jun 2021
Key investors in Amplitel
Future Fund
Australian Retirement Trust
Commonwealth Superannuation
Amplitel Overview
About Amplitel
Amplitel is Australia's largest mobile tower infrastructure provider, created in June 2021 when Telstra completed the sale of a 49 per cent non-controlling interest in its InfraCo Towers business to a consortium of the Future Fund, Sunsuper and Commonwealth Superannuation Corporation managed by Morrison and Co. The Telstra InfraCo Towers entity was renamed Amplitel Pty Ltd on completion. It owns an asset portfolio of more than 8,000 physical towers, masts, large poles and antenna mounts and provides space on them to mobile carriers, government and public and private organisations across Australia. Telstra kept 51 per cent ownership and the active parts of its network, including the radio access network and spectrum, and agreed to return about half of the net proceeds from the sale to shareholders through a buy-back. Telstra's chief executive noted that the towers business has foundations more than 100 years old.
Founded
2021
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Leasing & Rental Services
Valuation
$4.4B (Jun 2021)
Sectors
Amplitel Valuation
Amplitel is currently valued at $4.4B, based on its strategic investment round in June 2021. Read the announcement ↗
The round included Commonwealth Superannuation, Future Fund and Australian Retirement Trust.
Amplitel valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jun 2021 | Strategic investment | $4.4B |
Amplitel Funding History
Amplitel has raised 1 funding round.
| Date | Stage | Investors | Valuation | Deal Summary |
|---|---|---|---|---|
| Jun 2021 | Strategic investment | Commonwealth Superannuation; Future Fund; Australian Retirement Trust | $4.4B | Telstra agreed to sell a 49 per cent non-controlling interest in its InfraCo Towers business for A$2.8 billion to a consortium of the Future Fund, the Commonwealth Superannuation Corporation and Sunsuper (now Australian Retirement Trust), managed by Morrison & Co. The price implied an enterprise value of A$5.9 billion, or 28 times FY21 pro forma EBITDA after leasing, and the towers company was renamed Amplitel on completion. Telstra retained 51 per cent, signed a 15-year access agreement and returned about half the net proceeds to shareholders. |
Who has invested in Amplitel?
3 investors have backed Amplitel across its funding rounds, including Future Fund, Australian Retirement Trust and Commonwealth Superannuation.
Amplitel Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Jun 2021 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAmplitel Competitors
Amplitel competitors include listed companies like Sterlite Technologies, Comsys Holdings, HFCL and Axiata Group, and private ones like Digital InfraCo and XpFibre.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $4.3B | - | ||
| Publicly listed | $491M | $62M | $4.8B | 6.6x | ||
| Publicly listed | $4B | $403M | $4B | 0.9x | ||
| Publicly listed | $518M | $76M | $3.9B | 6.6x | ||
| Private | - | - | $3.8B | - | ||
| Publicly listed | $2.9B | $1.5B | $3.8B | 2.7x |
Amplitel Public Comps
Amplitel is still privately-owned, but its public comps include Sterlite Technologies, Comsys Holdings, HFCL, Axiata Group, Huber+Suhner, Glarun Technology, China Comservice, Helios Towers, FiberHome and Array Digital Infrastructure.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $491M | $62M | 10.0x | 6.6x | 79.3x | 34.4x | |||
| $4B | $403M | 0.9x | 0.9x | 8.9x | 8.7x | |||
| $518M | $76M | 7.9x | 6.6x | 54.0x | 34.4x | |||
| $2.9B | $1.5B | 2.8x | 2.7x | 5.4x | 5.7x | |||
| $1B | $151M | 3.3x | 2.9x | 22.5x | 18.8x | |||
| $502M | $118M | 10.4x | 10.3x | 44.0x | - | |||
| $22B | $795M | 0.1x | 0.1x | 2.2x | 2.3x | |||
| $854M | $489M | 5.7x | 5.2x | 9.9x | 9.3x | |||
This data is available for Pro users. Sign up to see all Amplitel competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Amplitel
| When was Amplitel founded? | Amplitel was founded in 2021. |
| Where is Amplitel headquartered? | Amplitel is headquartered in Melbourne, Australia. |
| Is Amplitel publicly listed? | No, Amplitel is a private, VC-backed company. |
| What is Amplitel's valuation? | Amplitel was last valued at $4.4B in its strategic investment round in June 2021. |
| What was Amplitel's last funding round? | Amplitel's last funding round was a strategic investment round in June 2021. |
| Who are Amplitel's investors? | Amplitel's investors include Commonwealth Superannuation, Future Fund and Australian Retirement Trust. |
| Which companies are comparable to Amplitel? | Companies comparable to Amplitel include Digital InfraCo, Sterlite Technologies, Comsys Holdings, HFCL, XpFibre and Axiata Group. |
See companies similar to Amplitel
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