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Nitel

Telecom·US·Exited 2024·Held 3yr
Entry
2021
Hold
3yr
Exit
2024

Who owns Nitel?

Nitel is an American Telecom company, now owned by Comcast Business, which acquired it in 2024 from Cinven.

Hand-verified · updated 2026-04-21

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Cinven
Investor
Cinven
Cinven Seventh Fund · 2019 · Buyout

Key facts

HQUS
SectorTelecom
Exit Type
Trade Sale
Buyer
Comcast Business
Exit Year
2024

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Questions

Who owns Nitel?

Nitel is now owned by Comcast Business, which acquired it in 2024 from Cinven.

When did Comcast Business acquire Nitel?

Comcast Business acquired Nitel in 2024, buying from Cinven.

Who did Nitel sell to?

Cinven sold Nitel to Comcast Business in 2024 (Trade Sale).

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