What Trilogy International Partners does

Trilogy International Partners Inc. (TIP Inc.) was a publicly traded holding company incorporated in British Columbia, Canada, and historically listed on the NEX board of the TSX Venture Exchange. Founded in 2005 and headquartered in Bellevue, Washington, the firm is described in firmographic records as a provider of wireless communication services including mobile voice, mobile data, and public telephony. Co-founders Theresa E. Gillespie and John Stanton, alongside Terry Gillespie, retained control through SG Enterprises II, LLC, which owned 100% of TIP Inc. following the take-private completed in March 2024.

In March 2024, SG Enterprises II, LLC acquired all remaining common shares of TIP Inc. via a plan of arrangement approved by shareholders on March 25, 2024 and by the British Columbia Supreme Court on March 27, 2024, at a purchase price of US$0.07 per common share. TIP Inc. was delisted from the NEX Venture Exchange on April 1, 2024, becoming a privately held entity wholly owned by SG Enterprises II, LLC, which in turn is owned by John Stanton and Terry Gillespie. The company had historical equity raises including a $44.4 million round in 2010 and a $7.1 million round in 2015, alongside a $369,540 round led by Globalive in 2017.

The company's current public footprint is limited: its website primarily hosts instructions for former shareholders to obtain payment for shares transferred to SG Enterprises under the plan of arrangement, with TSX Trust Company acting as paying agent. No active product lines, service offerings, customer bases, or revenue streams are described in the available source data, indicating TIP Inc. is operating in a post-transaction wind-down capacity under its current ownership.

Name

Trilogy International Partners

Legal name

Trilogy International Partners Inc.

Website

https://trilogy-international.com

Company type

Private

Founded year

2005

Operating status

Acquired

Headcount range

501–1,000 employees

Short description

Trilogy International Partners Inc. was a wireless communications holding company incorporated in British Columbia and headquartered in Bellevue, Washington. Following a March 2024 take-private by SG Enterprises II, LLC at US$0.07 per share, it is now a privately held entity.

Ownership category

akta.pro rank

Headquarters

HQ city

Bellevue

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Core offering

Trilogy International Partners Inc. (TIP Inc.) historically operated as a wireless telecommunications holding company providing mobile voice and data services and public telephony. Following a plan of arrangement approved in March 2024, SG Enterprises II, LLC acquired all remaining common shares, TIP Inc. was delisted from the NEX board of the TSX Venture Exchange on April 1, 2024, and the entity is now a privately held company wholly owned by SG Enterprises II, LLC (owned by co-founders John Stanton and Terry Gillespie). The corporate website now only supports shareholder information services related to the go-private transaction.

Product overview

Trilogy International Partners Inc. (TIP Inc.) was a publicly traded holding company listed on the NEX board of the TSX Venture Exchange. Following a plan of arrangement approved in March 2024, SG Enterprises II, LLC acquired all remaining shares and TIP Inc. became a private entity wholly owned by SG (which is owned by John Stanton and Terry Gillespie). The company was delisted on April 1, 2024. No product or service offerings are described in the available sources.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• TSX Trust CompanyminorOthersTSX Trust Company acted as the paying agent for the share acquisition, holding and distributing the aggregate payment for shares transferred to SG Enterprises II, LLC under the plan of arrangement.

Scale indicators2 records

Recent moves5 records

Expansion highlights1 record

Direct peers

• ATN International: Small-cap US-listed telecom holding company with international and rural US wireless/broadband operations. Comparable as a small-footprint diversified telecom holding whose scale and historical M&A activity mirror TIP Inc.'s profile.
• Telephone and Data Systems: US-listed diversified wireless and broadband holding company. Comparable as a small-cap public telecom holding whose mix of operating subsidiaries and holding-company structure parallels TIP Inc.'s historical positioning.
• United States Cellular: Regional US wireless carrier with concentrated regional footprint and parent-company oversight. Comparable as a small-footprint wireless operator whose size and business-model constraints resemble those TIP Inc. historically faced.
• Shenandoah Telecommunications (Shentel): Regional US fiber and wireless operator with a holding-company structure. Comparable as a smaller-scale integrated telecom operator whose niche positioning parallels TIP Inc.'s wireless-services profile.
• LICT Corporation: Small diversified holding company with telecom, broadband, and media investments. Comparable as a micro-cap, family-influenced holding whose activist-shareholder dynamics and scale resemble TIP Inc.'s pre-privatization setup.
• Consolidated Communications Holdings: US rural broadband and voice-services operator that has undergone significant restructuring and ownership transitions. Comparable as a small telecom operator that has navigated distressed-equity and go-private scenarios similar to TIP Inc.'s 2024 transaction.

Regional players

• Liberty Latin America: Cable and wireless operator across the Caribbean and Latin America. Comparable to where Trilogy historically operated (Caribbean/South Pacific) and illustrates the regional competitive dynamics a reinstated TIP Inc. would face.
• Millicom International Cellular: Emerging-market wireless and broadband operator with a Latin American footprint. Comparable as a wireless operator in similar emerging-market geographies where Trilogy has historically deployed capital.
• Digicel Group: Privately held Caribbean-focused wireless operator that has itself undergone major restructuring. Comparable as a private wireless operator in the same regional footprint where Trilogy has historically competed.

Broad incumbents

• Cellnex Telecom: Large European telecom-infrastructure operator with tower/asset-heavy model. Comparable as a broad incumbent showing how wireless infrastructure players can scale in adjacent telecom sub-segments relevant to any future TIP Inc. strategy.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/trilogy-international-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Trilogy International Partners