GlobalCom Holding s.a.l

What GlobalCom Holding s.a.l does

GlobalCom Holding s.a.l. is a privately held Lebanese telecommunications and digital services conglomerate, founded in 1992 as part of the Holcom Group and headquartered in Beirut. The company operates a diversified portfolio of wholly owned subsidiaries that together cover internet access, pay TV, content aggregation, enterprise IT and cybersecurity, travel connectivity, and e-commerce. Its ISP operations span ADSL, wireless broadband, 4G, leased lines, and FTTH across the IDM, Cyberia, and GDS brands, with GDS serving as the largest Lebanese broadband data carrier operating independent wireless, nationwide DSL, and fiber networks and acting as the local partner of British Telecom for the BT Global Network Node in Lebanon. Cablevision, acquired in 2016, is a market-leading pay TV provider broadcasting over 200 encrypted and free-to-air channels (including 160+ HD channels) via IPTV and nationwide MVDS wireless distribution, with exclusive content rights for beIN SPORTS, MBC, OSN, France Televisions, and AB Sat aggregated through the Right & Rights subsidiary.

The company serves both residential and enterprise customers across Lebanon through a multi-channel go-to-market model: direct enterprise field sales for managed services, dedicated call centers and retail dealer networks for consumer ISP and Pay TV subscriptions, and digital self-serve platforms for newer offerings. Revenue is primarily subscription-recurring across ISP, Pay TV, and managed services, supplemented by marketplace commission revenue from Platza, professional services revenue from ENS, and premium content distribution fees. The customer base spans residential consumers (home internet, fiber, parental controls, pay TV), enterprise and corporate clients (managed firewall, SOC, SIEM, EDR, network infrastructure), international travelers (iTRAVEL eSIM coverage in 200+ countries), and underserved groups through the Ministry of Social Affairs 'Internet for All' initiative.

The group's strategic posture in 2024–2025 has been one of active expansion: ENS was spun off from GDS in June 2025 as a standalone enterprise IT and cybersecurity entity, IDM launched free 1Gbps residential fiber in September 2025, FTTH was expanded to the Metn Central area covering 1,200+ buildings and 6,000+ users in July 2024, and beIN Media Group partnership provides exclusive premium sports and entertainment content through 2026. Adjacent digital businesses including Platza (e-commerce), SHFT (creator media), and iTRAVEL eSIM represent ecosystem-buildout moves beyond core telecom. The company is led by CEO Rana Zakhour with a workforce of 300+ employees across operating subsidiaries, and operates exclusively in Lebanon with international revenue exposure limited to the eSIM traveler channel.

Name

GlobalCom Holding s.a.l

Legal name

Globalcom Holding s.a.l.

Website

https://globalcom.net.lb

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

GlobalCom Holding s.a.l. is a Lebanese telecom and digital services conglomerate operating ISP brands (IDM, Cyberia, GDS), pay TV (Cablevision), enterprise IT and cybersecurity (ENS), and e-commerce (Platza), serving residential consumers and enterprise clients across Lebanon.

Ownership category

akta.pro rank

Product category

Telecommunications Services

NAICS

Wired and Wireless Telecommunications Carriers (except Satellite) (51711), Wireless Telecommunications Carriers (except Satellite) (517112), All Other Telecommunications (5178)

SIC

Communications Services, Nec (4899), Services-Telephone Interconnect Systems (7385)

akta.pro primary industry

IoT Connectivity Management (Private APN, SIM/eSIM, Device Connectivity) (HDAIAGAG)

akta.pro secondary industries

Private LTE/5G Mobile Network Operators (Campus/Industrial) (HDAIAAAE), Industrial/OT Private Connectivity (Factory, Mining, Ports) (HDAIAGAD)

Keywords

• Telecommunications services
• Internet service provider
• Pay TV services
• Managed connectivity
• Cybersecurity services

Headquarters

HQ city

Beirut

HQ country

Lebanon

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Internet Service Provider (ISP) Services: Recurring subscription revenue from internet access services through IDM and Cyberia brands. Services include ADSL, wireless broadband, 4G connectivity, leased lines, and FTTH fiber connections for residential and business customers.
2. Pay TV Services: Subscription-based cable and satellite TV services through Cablevision offering over 200 encrypted and free-to-air channels. Revenue from channel packages, premium content, and exclusive sports broadcasting rights.
3. E-commerce Marketplace: Platza online marketplace generating commission revenue from connecting buyers and sellers. Offers electronics, fashion, home essentials with secure payments and delivery services.
4. Managed Services and Cybersecurity: Enterprise managed services including managed CPE, firewall services, SOC services, endpoint detection, threat intelligence, and security assessments for corporate clients.
5. Enterprise Network Solutions (ENS): Solution integration, network design, vendor selection, network rollout and operation services for enterprise clients requiring complex telecommunications infrastructure.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core offering

GlobalCom Holding s.a.l. is a Lebanese telecommunications and multimedia holding company that delivers internet access, data communications, managed connectivity, cybersecurity, web services, and Pay TV through wholly-owned operating subsidiaries (GDS, IDM, Cyberia, Cablevision, Right & Rights, ENS, iTRAVEL eSIM, and Platza). Its offerings span residential broadband, enterprise network integration, FTTH fiber, MVDS/IPTV, and an online marketplace, all built on its own fiber, wireless, and IPTV infrastructure.

Product overview

Globalcom Holding s.a.l is a leading provider of Internet, Data Communications and Multimedia Solutions in Lebanon, founded in 1992 as part of the Holcom group. The company operates as a diversified telecom and media holding with multiple subsidiaries offering interconnected services. The portfolio includes GDS (broadband data carrier), IDM and Cyberia (Internet Service Providers), Cablevision (Pay TV), Right & Rights (content aggregation), ENS (enterprise IT/cybersecurity/cloud), iTRAVEL eSIM (traveler connectivity), Platza (e-commerce marketplace), and SHFT (creator media). Services span connectivity infrastructure, managed services, security services, internet access, web services, Pay TV, and marketplace. The company serves both residential and corporate segments across Lebanon with approximately 300 employees.

Differentiator

Problem solved

Functional benefit

Brands

• GDS: Globalcom Data Services - broadband data carrier and connectivity services provider operating independent wireless network and nationwide DSL access network.
• IDM
• Cyberia
• Cablevision
• Right & Rights
• ENS
• iTRAVEL eSIM
• Platza
• SHFT
• CV+

Products and services

• Connectivity Services Enterprise and corporate connectivity services delivered via GDS using wireless, wired, fiber optics, and VPN over 4G, enabling companies to communicate with administrations and customers over secure infrastructure covering Lebanese territory.
• Managed Services Managed CPE/router services and managed firewall services for enterprise customers, provided through ENS at thinkens.com.
• Security Services Personalized security management including fully managed SOC, managed firewall, EDR, WAF protection, SIEM, threat intelligence, security assessment, and forensic investigation delivered through ENS.
• Internet Access Residential internet access offered under IDM and Cyberia brands using ADSL, wireless broadband, 4G connectivity, leased lines, and microwave links, with flexible subscription methods and 24/7 support.
• Web Services (IDMweb) Domain names, web design and development, web hosting, mail server solutions, SSL certificates, email marketing, SMS, and social media management services delivered via IDMweb.
• Pay TV Services Cablevision's Pay TV portfolio combining IPTV with over 160 live HD channels (pause live/play, time shift, start over, EPG, catch-up) and MVDS wireless broadcasting via DVB-S2 for nationwide coverage.
• Platza Marketplace Online e-commerce marketplace under Globalcom that connects third-party buyers and sellers across Lebanon, offering electronics, fashion, home essentials, and beauty products with secure payments and delivery.
• iTRAVEL eSIM Digital mobile connectivity service using eSIM technology to provide international travelers with affordable data plans across more than 200 countries without physical SIM cards, distributed globally via itravelesim.com.

Quantifiable outcome

• 60%+ market share achieved by Cyberia ISP shortly after launch
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Beirut Sports FestivalcoreGTM or Marketing Partner · 1 January 2026Official partner and major sponsor of Beirut Sports Festival 2026, bringing FIFA World Cup 2026 Semi-Final and Final content to festival visitors through beIN SPORTS.
• Université Saint-Joseph de Beyrouth (USJ)coreStrategic or Co-development Partner · 1 October 2025Official MoU signed between Globalcom Holding and USJ Faculty of Business and Management (FGM) to foster collaboration between academia and private sector through internships, joint projects, and employability initiatives.
• L'Orient-Le Jour FestivalminorGTM or Marketing Partner · 1 September 2025IDM and Cablevision sponsored this major event featuring world leaders and culminating in an exclusive Ibrahim Maalouf concert.
• VezeyaminorGTM or Marketing Partner · 1 July 2025Career Mastery workshop partnership organized at Foundation Charles Corm, guiding recent graduates with CV and interview insights.
• OMT Beirut MarathonminorGTM or Marketing Partner · 1 April 2025IDM partnership with 2025 OMT Beirut Marathon, connecting runners and reflecting brand vision to connect people together.
• Clinique du LevantminorStrategic or Co-development Partner · 1 October 2024Breast Cancer Awareness Month partnership providing free screenings and awareness efforts for employees.
• beIN Media GroupcoreStrategic or Co-development Partner · 1 May 2024Strategic partnership for exclusive sports and entertainment content distribution in Lebanon. Cablevision serves as official distributor of beIN SPORTS, bringing exclusive coverage including UEFA EURO 2024 and FIFA World Cup 2026 to Lebanese audiences through official broadcasting rights and intellectual property compliance.
• Brain BeirutminorStrategic or Co-development PartnerCommunity partnership initiative where Cablevision upgraded public lighting setups across the Ashrafieh area as part of broader commitment to empowering communities.
• Ministry of Social AffairscoreStrategic or Co-development PartnerPartnership for 'Internet for All' initiative designed to eliminate barriers to internet access for people with disabilities. Eligible beneficiaries receive free installation, router, and first month service.
• Ora WellnessminorStrategic or Co-development PartnerWellness program partner leading sessions focused on embracing change and building resilience for employee wellness.
• Beirut Digital District (BDD)minorGTM or Marketing PartnerCo-hosted TikTok for Business Workshop with TikTok For Business MEA, joining sessions on content evolution and creator-led marketing.
• British TelecomcoreStrategic or Co-development PartnerGDS is the local partner of British Telecom for the BT Global Network Node in Lebanon, providing international connectivity standards and infrastructure.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Touch Lebanon: Second Lebanese mobile network operator (managed by Zain Group). Directly comparable as a domestic wireless telecom operator serving overlapping residential, traveler, and enterprise connectivity needs in Lebanon.
• OSN (Orbit Showtime Network): MENA-region Pay TV platform aggregating premium content rights and distributing via cable/IPTV partners. Comparable to Cablevision/Right & Rights as a content aggregator and Pay TV distributor focused on premium sports, movies, and series across the Arab world.
• Ogero: Lebanese state-owned telecom operator providing fixed-line, broadband, and data services across Lebanon. Directly comparable as a domestic telecom/ISP competitor operating in the same Beirut-centered market and serving overlapping residential and enterprise connectivity demand.
• Alfa Telecom Lebanon: One of Lebanon's two mobile network operators (managed by Orascom). Comparable as a Lebanon-based telecom carrier providing connectivity services to consumer and enterprise segments, competing for the same household and corporate telecom wallet.

Broad incumbents

• du (Emirates Integrated Telecommunications): UAE's second telecom operator offering mobile, fixed broadband, Pay TV (du TV), and enterprise/cloud services. Comparable to Globalcom's multi-product telecom-plus-content portfolio, particularly the Pay TV and FTTH consumer stack.
• Shahid (MBC Group): MENA's largest OTT/streaming platform operated by MBC Group. Adjacent competitor to Cablevision's Pay TV business as Arabic content migrates from satellite/cable to streaming, eroding traditional Pay TV distribution.
• e& (Etisalat Group): UAE-headquartered global telecom group operating mobile, fixed, and digital services across MENA. Comparable as a regional incumbent with overlapping ISP/connectivity/managed-services offerings and significantly greater scale and geographic reach.
• STC (Saudi Telecom Company): Saudi Arabia's incumbent telecom operator with MENA-wide fixed, mobile, cloud, and cybersecurity offerings. Comparable as a regional full-stack telecom-and-digital-services incumbent competing for enterprise managed-services and connectivity spend across the same geographic footprint.
• Zain Group: Kuwait-headquartered mobile operator with presence across MENA (including Lebanon via Touch). Comparable as a regional telecom incumbent overlapping with Globalcom's mobile/connectivity and managed-services categories at broader scale.

Regional players

• Orange Jordan: Jordanian telecom operator offering mobile, fixed broadband, and Pay TV (Orange TV) in a neighboring Levantine market. Comparable to Globalcom's ISP/Pay TV/enterprise-services model with similar product portfolio, but operating in a different national market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/globalcom-holding-s-a-l

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries8 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 GlobalCom Holding s.a.l