Arqia (Wireless Logic / Montagu portfolio) acquires Algar Telecom IoT connectivity business
- Acquirer
- Arqia (Wireless Logic / Montagu portfolio)
- Target
- Algar Telecom IoT connectivity business
- Deal Value
- Undisclosed
- Status
- Announced
- Announced
- August 11, 2026
What happened
Wireless Logic (through its Arqia business) signed an agreement to acquire Algar Telecom’s IoT connectivity business in Brazil. The deal was announced August 11, 2026 and will fold Algar’s IoT assets and operations into Arqia upon completion; financial terms were not disclosed.
Why it matters
This expands a Europe-headquartered IoT MVNO platform (Arqia/Wireless Logic) into Brazil, accelerating consolidation of IoT connectivity stacks and strengthening multinational IoT route-to-market for enterprise customers in Latin America. It signals continued investor appetite for scaling regional IoT MVNO/MVNE platforms via bolt-on deals to capture fast-growing Latin American IoT volumes.
Source: Montagu / PublicAffairs (press release distributed via Public/EuropaWire)
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