Tamás Bányai, CEO of telecommunications enterprise Epic, took to social media to reveal that the company will be receiving €20 million in support from the European Investment Bank (EIB).
Mr Bányai said that the sum is set to aid “the rollout of Epic’s new mobile network” as well as “the expansion of [the company’s] innovative fibre broadband network.”
“We are leading the way by rolling out the best digital infrastructure technologies to provide the best service to customers in Malta,” the CEO added.
In a separate social media post, Economy Minister Silvio Schembri celebrated this as a way to “accelerate the company’s mobile network modernisation programme.”
Mr Bányai has spearheaded Epic since its November 2020 rebrand. Before that, the company was known as Vodafone Malta. The re-brand was spurred by Monaco Telecom’s takeover of Vodafone Malta in a deal worth €250 million.
Prior to joining Vodafone Malta, the Epic CEO held several senior positions at Vodafone Hungary.
Featured Image:
Tamás Bányai / LinkedIn
Progress over past decade, but big gender gap in top posts of largest listed companies remains
There are 197 men and 43 women on these boards, with women making up 17.9% of the total.
‘Reaching 100 years is an opportunity to reflect’ – United Group’s Executive Directors
The group has evolved over four generations into a diversified organisation
Marcel Bonnici named CEO of Ferrara Calcio after Joseph Portelli purchase
The Italian side, formerly known as SPAL, used to compete in Serie A.
Silvano Azzopardi appointed to Board of Directors of Global Legal Entity Identifier Foundation
GLEIF had been set up and tasked with developing a universal identifier for legal entities involved in financial transactions.
