Radar Companies Telecom · Madrid
Radar · Telecom in Madrid

Best Telecom Companies in Madrid, Spain

The 59 best Telecom companies in Madrid, Spain in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: MasMovil.

59companies tracked
$3.4Bdisclosed funding
0unicorns
9have raised
FLIAR INTELLIGENCE · TELECOM × MADRID

Our analysis of 100 Telecom companies

$83.4b in tracked funding; 91% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

100companies analysed
91%cloud-native stacks
2025funding peak (by rounds)
4unicorns
2013median founding year
284kcombined LinkedIn audience
55%of audience held by top 3
4companies hiring publicly (12 mo)

Ranked: Best Telecom companies in Madrid

#CompanyDisclosed fundingLast roundStageFounderFoundedApp-install YoYPatents & IP focusRecent signals
1MasMovil
Provider of mobile internet, calling, and other services
$2.9B85 mo agoAcquired2006
2Telefonica
Provider of mobile and fixed-line telephony services
$375M27 mo agoPublicLuis Angel
Founder & Head Executive
19241,982 patents
Telecom network infrastructure: wireless MIMO, data transmission, CDN optimization, and pipe monitoring
3Skyway Towers
Broadband tower infrastructure provider for wireless carriers and government agencies
$130M29 mo agoAcquired2005
4Medux
Mobile edge network solutions provider
53Tech top 35%Talent top 38%Funding top 39%Moat top 39%
All 9 signals ▾
Techtop 35%
Talenttop 38%
Fundingtop 39%
Moattop 39%
Growthtop 42%
Producttop 46%
Marketbottom 44%
Newsbottom 42%
Globalbottom 36%
Tech: 47 technologies across 5/8 capability areas · Cloud: Amazon Ses, Amazon Web Services
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 53/100
$17M30 mo agoSeries BLuis Molina
Co-Founder & CEO
20141 award
5Amper
Provider of installation and maintenance of telecommunication equipment services
$16M43 mo agoSeries BEnrique Perez
CEO
1956
6Bequant
Network traffic optimization solutions provider
$2M106 mo agoSeedLuis Pineiro
Co-Founder
200924 patents
Network congestion control algorithms using transmission rate gradient techniques
1 launch · 1 partnership
7Hisdesat
Spanish government satellite services operator
$1M31 mo agoFunding RaisedMiguel Angel Panduro
CEO & MD
2001
8Solaiemes
RCS messaging & WebRTC technology
$1M167 mo agoAcquiredJuan Mateu
Founder & CEO
20065 patents
IVR semi‑duplex control and asynchronous mobile web navigation management
9Suop Mobile
Mobile telecommunication services provider
$282K137 mo agoPublic2013
10Zoovel
Broadband, wireless equipment and integration services provider
$110K111 mo agoDeadpooledAquiles Paternottre
CEO
2010

Top 12 Telecom companies in Madrid

#1
Public · Madrid, Community of Madrid · founded 1924 · 122718 employees
$375Mraised

In 2022, the company recorded annual revenues of $42.03B and a net profit of $2.06B

Founders & team
Luis AngelFounder & Head ExecutiveJose LopezCEORaúl Molina TorresCEO
Investors
Saudi Telecom, BBVA, Santander, Barclays, Europa, SEPI
Tech stack
Ab TastyAmazon CloudfrontAmazon S3Amazon Web ServicesAngularAngular Material
#2
Acquired · Madrid, Community of Madrid · founded 2005 · 15 employees
$130Mraised

Broadband tower infrastructure provider for wireless carriers and government agencies. It builds and develops broadband towers to assist wireless carriers and government entities in deploying next-generation wireless networks. It offers site location services, collocation programs, and build-to-suit programs. It manages site development based on customer needs, from search ring release to construction commencement. It partners with municipal governments to minimize community impact, generate revenue, enhance communication infrastructure, offload tower maintenance, and improve wireless coverage.

Funding rounds
  • Jan 2024Conventional Debt$200M
  • Jul 2013Conventional Debt$15M
  • Jan 2013PE$75M
  • Jun 2011Conventional Debt$65M
Investors
Tinicum, Permit Capital, Goldman Sachs, USAmeriBank, Raymond James Bank, Goldman Sachs Asset Management
Tech stack
NginxSucuri
#3
Series B · Madrid, Community of Madrid · founded 2014 · 55 employees
$16.9Mraised

Mobile edge network solutions provider. It monitors the real-time measurement of fixed broadband networks and telecommunications services. It measures, analyzes, and predicts the quality of service of fixed and mobile telecommunications networks based on end-to-end and real-time data. It provides a set of QoS and QoE metrics enabling its customers to reduce costs by predicting network performance problems.

Fliar Intelligence Index™ 53how this company ranks against its industry peers
Tech
top 35%
Talent
top 38%
Funding
top 39%
Moat
top 39%
Growth
top 42%
Product
top 46%
Tech: 47 technologies across 5/8 capability areas · Cloud: Amazon Ses, Amazon Web Services · Devops: Nginx
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $16.9M across 3 rounds · 3 rounds over 9 yrs (0.3/yr) · Last round Venture Debt (Jan 2024)
Audience (LinkedIn): 4k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Jan 2024Venture Debt
  • Jun 2023Series B$4.4M
  • Feb 2022Series B$8.3M
  • Jun 2018Series B
Founders & team
Luis MolinaCo-Founder & CEOLuis BoraoCo-Founder & CEO
Investors
BTS Telecommunications, Inveready, Bright Pixel Capital, COFIDES, Nae, 33N Ventures
Tech stack
Amazon SesAmazon Web ServicesApache Http ServerBootstrapCdnjsCloudflare
#4
Funding Raised · Madrid, Community of Madrid · founded 2001
$1.5Mraised

Hisdesat is a Spanish government satellite services operator which primarily provides services in the areas of defence, security, intelligence and foreign affairs. Currently, Hisdesat operates two geostationary satellites: XTAR-EUR and Spainsat and delivers secure satellite communications services to government agencies and mainly uses the high-frequency bands X and Ka for high level of security. Currently, it is developing new earth observation and maritime traffic information (AIS) satellite constellations.

Funding rounds
  • Dec 2023Grant (prize money)$487.7K
  • Dec 2022Grant (prize money)$120.4K
  • Dec 2020Grant (prize money)$887.8K
Founders & team
Miguel Angel PanduroCEO & MD
Investors
Europa
Tech stack
Apache Http ServerApple Icloud MailBootstrapCdnjsCloudflareContact Form 7
#5
Acquired · Madrid, Community of Madrid · founded 2006 · 207 employees
$2.9Braised

Provider of mobile internet, calling, and other services

Funding rounds
  • May 2019Conventional Debt$1.6B
  • May 2019Conventional Debt$112M
  • Jun 2018Conventional Debt$964.2M
  • Dec 2017Conventional Debt
Investors
Providence Equity Partners, Northzone, Perennius, Gala Capital, Capital Group
Tech stack
Amazon AlbAmazon CloudfrontAmazon Web ServicesApache Http ServerAstroByside
#6
Series B · Madrid, Community of Madrid · founded 1956 · 3487 employees
$15.7Mraised

Provider of installation and maintenance of telecommunication equipment services

Founders & team
Enrique PerezCEOIgnacio Garcia-SieiroOficina CEO
Investors
Europa, Growth Partners Capital
Tech stack
Animate.CssApache Http ServerBootstrapCloudflareCloudflare Bot ManagementComplianz
#7
Seed · Madrid, Community of Madrid · founded 2009 · 15 employees
$2.2Mraised

Bequant provides network traffic optimization solutions for wireless ISPs, MVNOs, enterprises, and other service providers. Its product portfolio includes BTA (Bequant TCP Acceleration)-accelerates TCP traffic flowing through the network and BTC(Bequant traffic compression)- reduces the size of images by optimizing the content while preserving the original pixel resolution. It provides other solutions that include video optimization, network services, and cloud services. The Bequant TCP stack detects congestion based on the measured delivery rate. The Bequant BQN platform can be deployed on servers, virtual machines or can be integrated into other network equipment. Its clientele includes Axartel, PlainsInternet, Jenco wireless, Wi-com, and Digi. Its partners include Dell, Landtel, Allot, and Hewlett Packard Enterprise.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers — 2.3% of this cohort's audience
Activity: 1 product launches · 1 partnerships (incl. Winncom Technologies) announced in 12 mo
Funding rounds
  • Sep 2017Seed$2.2M
Founders & team
Luis PineiroCo-Founder
Investors
Inveready
Tech stack
CdnjsCloudflareCloudflare Bot ManagementCore-JsFacebook PixelFlickity
#8
Acquired · Madrid, Community of Madrid · founded 2006 · 16 employees
$1.1Mraised

Solaiemes helps carriers and service providers to increase data traffic and to help companies to create communications (mobile & UC) solutions based on common enablers: Rich Communication Suite (RCS, RCE, RCSe), VideoShare, VideoCall, Multimodality, IMS. Solaiemes also offers WebRTC technology to help telcos to create plug & play services on top of their IMS or VoIP servers. Winner of GSMA RCS DevChallenge, awarded as Red Herring top 100 global winner (Jan 09).

Funding rounds
  • Jul 2012Angel$140K
  • Dec 2007Angel$810K
  • Jan 2007Seed$114.8K
Founders & team
Juan MateuFounder & CEOJose Maria RecioCo-Founder & Co-CEO
Investors
Caja Navarra
Tech stack
CloudflareHttp/3
#9
Public · Madrid, Community of Madrid · founded 2013 · 7 employees
$281.9Kraised

Soup Mobile is an MVNO (mobile virtual network operator) providing mobile telecommunication services to the customers in Spain. It operates on Orange network and provides non-binding 4G prepaid plans. It also provides cheaper roaming and international calling services. Provides cashback and points to the customers for recommending new customers.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 409 LinkedIn followers
Funding rounds
  • Feb 2015Seed$141K
Investors
ENISA
Tech stack
AlloyuiApache Http ServerBootstrapCart FunctionalityCdnjsCloudflare
#10
Deadpooled · Madrid, Community of Madrid · founded 2010
$109.8Kraised

Zoovel provides broadband and wireless equipment to telecom operators and other service providers. Its product portfolio includes GPON (Z-ONT2100, Z-ONT4422, Z-OLT5600 series Z-OLT8604, Z-NMS, etc), DSL (Z-ADSL router, Z-VDSL IAD, ADSL2+ IP ZOOVEL DSLAM 2110, etc), DOCSIS, WiFi routers, 4G/LTE, and PLC. It also provides deployment, integration, warranty & post-sale support, specification & development of access products upon demand, and consultancy services. Its clientele includes SmartFibre, Jazztel, Telefonica, Movistar, Viapass, and Ikusi. Its partners include Giko, Berkano, and Safeview.

Funding rounds
  • Mar 2017Grant (prize money)$53.7K
  • Oct 2016Grant (prize money)$56.2K
  • May 2016Grant (prize money)
Founders & team
Aquiles PaternottreCEO
Investors
European Innovation Council, Europa, EIC Fund
#11
Acquired · Madrid, Community of Madrid · founded 1998 · 142 employees
raised

Provider of fiber optic connectivity services. This company offers dark fiber, colocation, and various connectivity solutions including Ethernet, internet, IP VPN, and cloud connect services. They build and maintain fiber optic networks, providing infrastructure for telecommunications companies and other businesses. The services are tailored to meet the needs of different sized companies. They also offer a range of support services.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers — 3.7% of this cohort's audience
Investors
Morrison, Antin Infrastructure Partners
Tech stack
AdformApache Http ServerCdnjsCloudflareCloudflare Bot ManagementContact Form 7
#12
Acquired · Madrid, Community of Madrid · founded 2001 · 320 employees
raised

Provider of internet services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 8k LinkedIn followers — 2.8% of this cohort's audience · 42 engagements/post (2.6× cohort median)
Activity: 1 expansions announced in 12 mo
Funding rounds
  • Jun 2022Conventional Debt
Investors
Kartesia, Inveready
Tech stack
Apache Http ServerApple Icloud MailAzureCart FunctionalityChoicesCookiebot

Funding & investor landscape

$3.4Btotal disclosed funding
10companies funded
22disclosed rounds
0rounds last 90 days
Most active investors
Europa5 rounds
Inveready3 rounds
Gala Capital2 rounds
Providence Equity Partners2 rounds
33N Ventures1 rounds
Abac Nest1 rounds
Abertis1 rounds
Advent International1 rounds
Antin Infrastructure Partners1 rounds
BBVA1 rounds

Notable founders

Luis Angel
Founder & Head Executive · Telefonica
Jose Lopez
CEO · Telefonica
Luis Molina
Co-Founder & CEO · Medux
Luis Borao
Co-Founder & CEO · Medux
Miguel Angel Panduro
CEO & MD · Hisdesat
Enrique Perez
CEO · Amper
Ignacio Garcia-Sieiro
Oficina CEO · Amper
Luis Pineiro
Co-Founder · Bequant
Juan Mateu
Founder & CEO · Solaiemes
Jose Maria Recio
Co-Founder & Co-CEO · Solaiemes
Aquiles Paternottre
CEO · Zoovel
Miguel Panduro Panadero
CEO · Hispasat
Prism market signals · Spain · country-scoped Prism corpus, 1,364,746 docs

Market landscape — 10 sub-themes by coverage

Share of Telecom coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH IN MADRID · Networking & Security

How research on 5G 6G in Madrid is moving

A read on the academic research around 5G 6G in Madrid — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 78 papers.

Led by Universidad Carlos III and Universidad Politécnica de Madrid, Madrid's institutions research Advanced MIMO and millimeter-wave propagation optimistically, with breakthroughs and advancements dominating over concerns.

78 papers · stance +0.64 · 46% breakthrough · 7% concern
breakthrough · advancement · concern
top institutions
  • Universidad Carlos III de Madrid57
  • Universidad Politécnica de Madrid18
  • Universidad Autónoma de Madrid2
  • Universidad Complutense de Madrid1
leading researchers
Joerg Widmer · Ana García Armada · Mohammad Alibakhshikenari · David Alejandro Urquiza Villalonga · M. Julia Fernández‐Getino García · Adrian Loch
prism intelligence · tone & topics
92% positive · 4% critical tone
TelecommunicationsComputer ScienceTransportationNetworkingMathematicsElectronics
Breakthroughs34 · 44%
▼ 47%→39% share
▼0.8× share momentum3 median citations47% since 2021mostly methods-led
MIMO research is surging in breakthroughs — papers jumped from 1 to 9 across the period.
rising sub-themes (early→recent)
  • MIMO1→9
  • Electronic engineering2→7
  • Beamforming8→9
Landmark Steering with eyes closed: Mm-Wave beam steering without in-band measurement · 284 cites
Advancements35 · 45%
▲ 32%→53% share
▲1.7× share momentum6 median citations57% since 2021mostly methods-led
Advancements dominate Madrid 5G/6G research, field-share rising 32%→53%, with MIMO newly emerging at 12 papers.
rising sub-themes (early→recent)
  • Beamforming3→10
Newly emergingMIMO 0→12 · Antenna (radio) 0→8 · Electronic engineering 0→7
Landmark Gap Waveguide Technology for Millimeter-Wave Antenna Systems · 189 cites
Concerns5 · 6%
▼ 11%→5% share
▼0.5× share momentum5 median citations40% since 2021mostly empirical
Concerns segment is shrinking — field-share halved from 11%→5% despite Beamforming flagging 3 concern papers.
rising sub-themes (early→recent)
  • Beamforming3
  • MIMO2
  • Electronic engineering2
  • Antenna (radio)2
  • Telecommunications2
Landmark Obstacle avoidance cell discovery using mm-waves directive antennas in 5G networks · 33 cites

Common questions

How many Telecom companies are there in Madrid, Spain?
Radar tracks 59 indexable Telecom companies headquartered in Madrid, Spain that meet our profile-completeness bar.
What is the total funding raised by Telecom companies in Madrid, Spain?
The Telecom companies in Madrid, Spain on this list have raised a combined $3.4B in disclosed equity funding across 10 funded companies.
Which is the highest-funded Telecom company in Madrid, Spain?
MasMovil is the highest-funded Telecom company in Madrid, Spain, with $2.9B in disclosed equity funding.
How many Telecom companies in Madrid, Spain are funded?
10 of the 59 Telecom companies in Madrid, Spain on this list have disclosed at least one equity funding round.
How many Telecom unicorns are there in Madrid, Spain?
None of the Telecom companies in Madrid, Spain on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Madrid, Spain Telecom companies?
The most active investors in Madrid, Spain Telecom companies on this list include Europa, Inveready, Gala Capital, Providence Equity Partners, 33N Ventures.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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