Type Public Products Communications Headquarters Italy Founded April 2000 Number of employees 421 | Traded as BIT: ACO Website www.acotel.com Revenue 88.91 million EUR Motto "Internet with a Passion" | |
Industry Communications and Media Stock price ACO (BIT) € 5.96 -0.07 (-1.16%)1 Mar, 1:16 PM GMT+1 - Disclaimer |
The Acotel Group S.p.A(BIT ACO) is a global telecommunications company, headquartered in Rome, Italy. It was incorporated on April 6, 2000 and is the leader of a group of companies operating in the ICT sector. The Acotel Group operates in four areas of business – mobile telecommunications, value added services for mobile communications, mobile messaging and media solutions and mobile advertising managed services and security systems for large companies.
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History
In 1997, Acotel SpA, from which the Group takes its name, was the first company in the world to develop an SMS information service. This service was launched in collaboration with Telecom Italia Mobile and known as ScripTIM by Acotel.
In August 2000 Acotel was stock market listed. They have continued to achieve earnings growth and expand geographically: today they generate 80% of revenue of approximately €90 million outside of their home territory of Italy (financial year ended 31 December 2008).
In 2009 Acotel launched an MVNO offer in Italy in the frame of an industrial agreement with the Intesa Sanpaolo banking group, which gave rise to the joint venture, Nòverca Italia.
Products & Services
Each of the Acotel Group S.p.A. offer different products and services as follows:
• Nòverca Italia Srl: Mobile telecommunications provider in Italy offering mobile payment and VOIP services in addition to typical mobile services
• Acotel SpA, Flycell Inc., Info2cell FZ-LLC, Acotel do Brasil SA: Value added service for mobile communications at an international level.
• Jinny Software Ltd.: Mobile messaging & media solutions offering a full range of ARPU.
• AEM SpA : Security systems for large companies and public bodies in Italy.