Epic has announced the launch of a full-scale mobile network modernisation project through an investment worth more than €40 million, which will pave the way for its roll-out of 5G in Malta.
The network signed a long-term partnership with Swedish multinational telecommunications company Ericsson to fulfil its 5G ambitions in Malta.
Commenting on the investment, Epic CEO Tamas Banyai said “We are investing heavily in our promise of great network and great value for our customers in Malta. Our aim is to make a quantum leap with our award-winning network, taking it to the next stage and continue to provide the best network in Malta.”
He added that the modernisation project will bring wider coverage and faster speeds while making 5G available to its customers.
“We are pleased that following a very rigorous technology partner selection process, we are accelerating the evolution of our network to step into Malta’s digital future to help Maltese consumers and businesses unlock their full potential.”
This follows the operator’s recent announcement of its partnership with Phoenix Tower International (PTI), which will help the company accelerate its investment plans in its network and digital services. The full mobile radio network modernisation project with Ericcson is an integral part of this strategic plan.
He takes over from Alejandro Gosttuski, who will now take on the role of an Advisor.
The company, set to launch soon, will seek to provide clients with ‘customer-centric and innovative’ financial services.
The Malta Stock Exchange recently joined other exchanges for the inaugural Ring the Bell for Climate initiative.
Family businesses account for more than 70% of Malta’s SMEs, and are hence vital components of the local economy.