What Verne Technology Group does

Verne Technology Group (also operating as Verne Group) is a Spain-headquartered engineering services company that delivers end-to-end infrastructure solutions to enterprise clients, primarily major European telecommunications operators and energy companies. Founded in 1983 and headquartered in Alicante, the company reports 40+ years of operating history, 1,000+ employees, 4,000+ clients, 30+ delegations, and operations across 4 countries including Spain and Germany. Disclosed revenue was €152M for fiscal year 2022.

The company's offering is organized around two core business areas plus an emerging software line. In Telecommunications, Verne provides end-to-end network design, engineering, deployment, configuration, commissioning, and maintenance services for operators including Orange, Telefonica, Vodafone, MasMovil, Virgin Telco, and Euskaltel, supported by a centralized PMO and KPI tracking; the company reports 4.5M homes connected, 70,000+ access points, and 2,000+ installation and maintenance interventions per year. In Energy, Verne delivers photovoltaic self-consumption installations and EV charging infrastructure, with cumulative scale of 11,300+ PV installations, 57MW of installed solar capacity, 150+ EV charging points, 3,900+ monthly energy maintenance interventions, and named clients including Iberdrola, Endesa, EDP, Galp, Holaluz, Redexis, Power Energia Solar, and Bettergy. In January 2025 Verne launched HORUS, an AI-powered cybersecurity product combining AI with automated threat detection, extended to an SME-focused variant in October 2024.

The business model is professional-services based, with quote-based, project-tailored pricing and direct enterprise sales. Verne is sales-led and operates a direct enterprise go-to-market, selling turnkey projects to telecom operators and energy companies through its own engineering workforce, warehouses, and field service network. The company is privately held, holds ISO 9001, ISO 14001, and ISO 27001 certifications, and is led by CEO Gianni Cecchin. A restructuring event — a Concurso de Acreedores (Spanish insolvency/creditors' proceeding) — was published on March 13, 2026, indicating material financial distress that materially affects the investment profile.

Name

Verne Technology Group

Legal name

Verne Technology Group

Website

https://vernegroup.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Verne Technology Group is a Spain-based engineering services firm delivering end-to-end telecommunications network deployment, photovoltaic and EV charging energy infrastructure, and the HORUS AI cybersecurity platform to enterprise clients including Orange, Telefonica, Vodafone, Iberdrola, and Endesa across four European countries.

Ownership category

akta.pro rank

Product category

Telecommunications Infrastructure Services

NAICS

Computer Systems Design and Related Services (54151), Computer Systems Design and Related Services (5415), Computer Facilities Management Services (541513), Electric Power Generation, Transmission and Distribution (2211)

SIC

Services-Computer Integrated Systems Design (7373), Services-Engineering Services (8711), Communications Services, Nec (4899)

akta.pro primary industry

Network Architecture & Design Services (BPAEAEAA)

akta.pro secondary industries

Network Monitoring, Assurance & Managed NOC Services (SLA Ops) (HDAIAGAJ), SCADA/DMS/OMS Integration, Upgrades & Managed Services (EUAEANAE), Turnkey distribution buildouts (feeders, reclosers, capacitor banks, line extensions) (EUADAKAK), Testing, Commissioning & Energization Services (T&C) (IMAFAHAK), Virtualized Security & SASE for Telco Networks (vFW, vDDoS, vSEC, Secure Edge) (HDAIAIAK)

Keywords

• Telecommunications infrastructure services
• Renewable energy installations
• Photovoltaic self-consumption
• EV charging infrastructure
• AI cybersecurity platform

Headquarters

HQ city

Valencia

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Telecommunications Services: Provides end-to-end telecom network solutions including project E2E, own engineering, centralized management of all types of network deployments, and installation and maintenance services for telecom operators. Operates across national and international markets.
2. Energy Solutions: Renewable energy services including photovoltaic self-consumption installations and electric vehicle charging infrastructure. Covers the full project lifecycle from design to maintenance, operating nationally.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Verne Technology Group designs and delivers end-to-end turnkey infrastructure solutions across two main areas: telecommunications (network engineering, deployment, centralized management, installation and maintenance for telecom operators) and energy (photovoltaic self-consumption installations and electric vehicle charging infrastructure for residential, industrial, enterprise, and public clients). The group also offers HORUS, an AI-powered cybersecurity platform that combines artificial intelligence with automated protection for enterprise networks and systems. Services are delivered via own engineering capabilities, a centralized PMO, and a network of 30+ delegations across 4 countries.

Product overview

Verne Technology Group operates as an integrated solutions provider with two core business areas: Telecomunicaciones (telecommunications) and Energía (energy). In telecommunications, the group offers end-to-end network services including network design and engineering, client installation and maintenance, and communications infrastructure through its Redes de Telecomunicaciones, Instalación y Mantenimiento, and Comunicaciones offerings. In energy, the group provides renewable energy solutions including photovoltaic self-consumption (Autoconsumo Fotovoltaico) and electric mobility (Movilidad Eléctrica) services. Additionally, the group has developed HORUS, an AI-powered cybersecurity product for enterprise network protection.

Differentiator

Problem solved

Functional benefit

Products and services

• Redes de Telecomunicaciones (Telecom Network Solutions)

Quantifiable outcome

• 4.5 million homes connected through telecom services
• +5 more outcomes

Named customers14 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Elecnor: Spanish-listed infrastructure, energy and telecom engineering firm that executes large-scale turnkey networks for carriers and utilities. Highly comparable in business mix and Iberian footprint to Verne's telecom and renewable energy EPC activity.
• Indra Sistemas: Major Spanish IT and digital services company serving telecom operators and energy/utilities clients with systems integration, network design and managed services. Closely comparable to Verne's telecom systems integration and HORUS-adjacent digital services.
• Ingeteam: Spanish engineering company specializing in energy technology, including solar inverters, PV installations and grid automation with installation and maintenance services — overlapping directly with Verne's renewable energy and grid-oriented offering.
• SICE: Spanish technology integrator specializing in traffic, tolling, telecom and industrial communications infrastructure with installation and lifecycle services. Directly comparable on telecom infrastructure rollout and maintenance business model.
• S2 Grupo: Spanish cybersecurity specialist focused on enterprise security operations and incident response. Comparable in positioning and geography to Verne's HORUS AI cybersecurity product launch.

Broad incumbents

• Cobra Group (ACS): Large Spanish-headquartered EPC contractor with extensive telecom infrastructure and renewable energy project portfolios. Comparable as a scale-broad incumbent executing turnkey telecom and energy projects across Iberia and LATAM.
• Técnicas Reunidas: Spanish-listed engineering and EPC company delivering turnkey energy and infrastructure projects. Comparable at the scale and execution-model level for Verne's energy infrastructure and large engineering services.
• Acciona Energía: Spanish-listed renewable energy developer and IPP with significant solar and grid infrastructure activity in Iberia. Comparable on the renewable energy demand backdrop that drives Verne's PV installation pipeline.
• Capgemini Engineering: Global engineering services arm of Capgemini delivering network design, telecom and energy systems integration for enterprise and operator clients. Comparable as a broader network and engineering services incumbent.

Others

• Cellnex Telecom: Largest European independent telecom infrastructure operator (towers/DAS) and a Verne customer. Comparable as a key telecom infrastructure ecosystem participant rather than a direct services competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/vernegroup
• YouTubeinstagram.com/verne_group
• LinkedInlinkedin.com/company/vernegroup
• Instagraminstagram.com/verne_group

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about Verne Technology Group