Victus Networks

What Victus Networks does

Victus Networks S.A. is a Greek Mobile Network Sharing Company formed in March 2014 as a 50:50 joint venture between Vodafone Greece and Nova (formerly Wind Hellas). The company manages the Radio Access Network (RAN) and Backhaul Transport Networks of its two parent operators and implements partial active radio network sharing (MORAN) across 2G, 3G, 4G, and 5G technologies, primarily in rural and selected urban areas of Greece. Headquartered in Pallini, Attica with regional offices in Thessaloniki and Patra, Victus operates a workforce of 251-500 employees and is explicitly non-market facing, providing services exclusively to its two shareholders with no external customer base.

The company's operations are organized into three core pillars: Network Engineering (coverage management, frequency and capacity planning, network optimization, and design of radio and transport networks), Network Deployment (capacity upgrades, fiber deployment, indoor installations, and 4G/5G implementation), and Network Operations & Maintenance (24/7 surveillance, Tier 1/Tier 2 service management, incident and problem management, field operations). Supporting these are specialized facilities including a Radio Laboratory for systems integration and new technology trials (ETSI/3GPP-based hardware evaluation, interoperability testing, spectrum reframing) and an accredited RF & Noise Measurement Laboratory certified to EN ISO/IEC 17025:2005 and ESYD Criteria. Notable technical milestones include Greece's first 1 Gbps LTE-Advanced download speeds (July 2016), 4G sharing rollout in Athens (September 2019), Mobile Private Network activation at Piraeus Port for PCT/PPA (February 2020), first 5G site at 3600 MHz (December 2020), and 5G FDD with Dynamic Spectrum Sharing (2020). The product portfolio also encompasses NB-IoT services, Special Coverage Solutions (DAS, small cells, repeaters for airports/stadiums/hospitals), and 5G solutions with Massive MIMO and intelligent beamforming.

Victus's revenue model is internal managed services / network sharing cost allocation between Vodafone Greece and Nova; revenue figures are not publicly disclosed. The company holds ISO 22301 (June 2024), ISO 45001 (December 2020), and previously OHSAS 18001 (2018) certifications. Strategic positioning is anchored in equal JV ownership, deep technical expertise with accredited laboratories, and a non-market-facing structural model that concentrates revenue predictability but eliminates external customer-acquisition risk.

Name

Victus Networks

Legal name

Victus Networks S.A.

Website

https://victus.gr

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

251–500 employees

Short description

Victus Networks is a Greek 50:50 joint venture between Vodafone Greece and Nova that manages the shared Radio Access and Transport Networks of both parent MNOs, implementing MORAN network sharing across 2G/3G/4G/5G technologies and providing engineering, deployment, and 24/7 operations services exclusively to its two shareholders.

Ownership category

akta.pro rank

Headquarters

HQ city

Pallíni

HQ country

Greece

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Network Sharing Services: Victus Networks provides network engineering, deployment, and operations & maintenance services exclusively to its shareholders Vodafone Greece and Nova. As a non-market facing company created by a joint venture with 50:50 participation, it manages the Radio Access and Transport Networks (RAN) of its parent companies and implements partial active radio network sharing (MORAN) for 2G, 3G, 4G, and 5G technologies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Victus Networks is a Mobile Network Sharing Company formed as a 50:50 joint venture between Vodafone Greece and Nova. It provides network engineering, deployment, and operations & maintenance services exclusively to its two shareholders, managing their Radio Access and Transport Networks (RAN) and implementing partial active radio network sharing (MORAN) for 2G, 3G, 4G, and 5G technologies across rural and selected urban areas of Greece.

Product overview

VICTUS Networks is a Mobile Network Sharing Company (joint venture between Vodafone Greece and Nova/Wind Hellas) that provides a unified portfolio of telecom infrastructure services organized into three core pillars: Network Engineering (design, planning, and optimization of Radio Access and Backhaul Transport Networks), Network Deployment (implementation of telecom infrastructure including 4G/5G rollout, fiber deployment, and special coverage solutions), and Network Operations & Maintenance (24/7 network surveillance and service management). Supporting these core functions are specialized labs including a Radio Laboratory for systems integration and new technology trials, and an accredited RF & Noise Measurement Laboratory for EMF compliance. The company also offers advanced technology services including Mobile Private Networks (MPN), NB-IoT connectivity, and 5G technology solutions using Massive MIMO and beamforming techniques.

Differentiator

Problem solved

Functional benefit

Products and services

• Network Engineering Design and engineering of Radio Access and Backhaul Transport Networks, including network coverage management, frequency and capacity planning, network optimization, and execution of radio and transport network design for both standalone and shared networks.
• Network Deployment Telecom implementation activities including capacity upgrades, Radio and transport projects, fiber optic deployment, special indoor installations, and 4G/5G implementation for both standalone and shared networks of shareholders.
• Network Operations & Maintenance 24/7 network surveillance, Tier 1 and Tier 2 network and service management, incident and problem management, field network operations, partner management, and technical customer support for Radio, Access and Backhaul Transport Networks.
• Mobile Private Network (MPN) A dedicated business network designed for customer-specific business-critical services, guaranteeing secure and reliable dedicated network resources utilizing 4G and 5G network technology. Implemented for port operations offering communication, logistics, live streaming, and control monitoring capabilities.
• Special Coverage Solutions Innovative cellular coverage solutions (indoor and outdoor) including 4G Carrier Aggregated MIMO technologies, small cells, distributed antennae systems (DAS), repeaters, and private networks for complex areas such as airports, stadiums, shopping malls, metro stations, and hospitals.
• NB-IoT Services Internet of Things technology services over LTE network providing high coverage range, low power consumption, extended battery life for IoT devices, and support for large-scale parallel connections enabling smart home, smart city, and autonomous farming applications.
• 5G Technology Solutions

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• American Tower: American Tower is one of the largest global real estate investment trusts focused on communications infrastructure, owning and operating towers and data centers. Comparable as a multi-tenant telecom infrastructure provider, though tower-focused.
• Deutsche Funkturm: Deutsche Funkturm is the Deutsche Telekom subsidiary that plans, builds, and operates passive and active wireless infrastructure including towers and rooftop sites in Germany. Comparable as a carrier-affiliated infrastructure operator with overlap in passive/active telecom sharing.
• Cellnex Telecom: Cellnex is Europe's largest independent operator of wireless and broadcasting telecom infrastructures (towers, DAS, small cells). Indirectly comparable infrastructure sharing/hosting business, but focused on passive infrastructure rather than active RAN sharing.
• Helios Towers: Helios Towers acquires, builds, and operates telecoms passive infrastructure (towers) across Africa and select European markets. Comparable as a multi-operator telecom infrastructure sharing platform.
• Vantage Towers: Vantage Towers is the European tower infrastructure carve-out from Vodafone Group operating towers across multiple European markets. Comparable as a Vodafone-affiliated shared network infrastructure operator, though focused on passive tower hosting rather than active RAN sharing like Victus.
• SBA Communications: SBA Communications owns and operates wireless communications towers globally. Comparable as a multi-tenant telecommunications infrastructure provider, though focused on passive tower infrastructure rather than active RAN sharing.
• Zayo Group: Zayo operates fiber, wavelengths, and telecom infrastructure across North America and Europe, including backhaul for MNOs. Comparable as a wholesale telecom-infrastructure services provider serving multiple carriers, though fiber-centric rather than RAN-sharing.

Direct peers

• BAI Communications: BAI builds, owns, and operates shared communications infrastructure including distributed antenna systems, small cells, and neutral-host networks globally. Comparable as a managed shared telecom infrastructure operator serving multiple carriers.
• Net4Mobility: Net4Mobility was the Swedish JV (Telenor and Telia) that built and operated a shared 2G/4G mobile network. Same JV-based shared-RAN operating model as Victus Networks, with subsequent evolution into 5G.
• MBNL: MBNL is the UK joint venture between EE (BT) and Three (CK Hutchison) that manages a shared mobile network via MORAN/MOCN. Closest comparable to Victus: 50:50 multi-MNO JV operating shared RAN infrastructure, although operating in the UK market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
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Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

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 Victus Networks