Annual report and financial statements
For the year ended 31 December 2023
Read More>
Learn more about 1GLOBAL
Discover more about our company and our mission to connect the world
Overview
TP Global Operations Limited, trading as 1GLOBAL, is a global specialty telecommunication services provider serving financial institutions, business enterprises, mobile network operators, connected device manufacturers and consumers. As a fully regulated telco in 42 countries, 1GLOBAL is in a unique position to offer its clients fully regulated communication services including voice, data and SMS.
In 2024, 1GLOBAL’s revenues are expected to grow over 45% exceeding for the first time the USD 100 million mark while generating over USD 15 million EBITDA and generating adequate free cash flow to fund the growth of the business. At the end of 2024 1GLOBAL is expected to have recorded over USD 140 million annualized recurring revenues and employ over 400 people in 15 offices across 12 countries.
1GLOBAL’s impressive growth is based on effectively managing the complexities of a highly regulated business, securing advantageous deals in the wholesale telco market and being always at the forefront of innovation with its unique “one core” globally distributed network architecture.
0
employees
0
nationalities
0
offices in 12+ countries
0+
corporate customers
0
years in operation
0+
million eSIM connections and counting
About 1GLOBAL
History
1GLOBAL was established in 2022 by two experienced technology entrepreneurs, Hakan Koç and Pyrros Koussios, that are also its sole proprietors. 1GLOBAL has no external or third-party equity or debt.
On 24th January 2023, 1GLOBAL completed acquisition of the assets of Truphone Ltd. after securing a variety of licenses from the UK and other governments and undergoing a national security review in the UK, Germany and the US.
1GLOBAL was quickly able to refocus Truphone to make it profitable at the operating level, and by 2023 was already generating a surplus cash-flow which was used to defray the transaction costs and reinvest in network infrastructure. Today, 1GLOBAL stands as a viable cash generative business, rapidly reinvesting in infrastructure to support rapid growth.
Our leadership
Our officesaround the world
We’re on a mission to connect the world. That’s why we’ve been leading the eSIM revolution from the very beginning. Our global team of over 400 experts operates from 15 offices across 12 countries, maintaining fully regulated teleco status in 42 countries, and a network of local carriers in 190+ countries, all underpinned by a unique global network architecture.
Financial statements & documents
1GLOBAL is a trading name of TP Global Operations Limited.