Tango and cash; Qualcomm invests USD40m in Luxembourg telco

27 Apr 2012

Luxembourg’s full-service telecoms provider Tango has secured an additional USD40 million worth of funding from a series of investors, Telecompaper reports. Principal investors include US wireless technology manufacturer Qualcomm, acting through its venture arm, Qualcomm Ventures, and Access Industries. Additional investment has been sourced from members of co-founder Eric Setton’s family, who have bankrolled the company since its inception.

Luxembourg, Qualcomm, Tango (OLD)