| Monaco Telecom | |
| Type: | Société Anonyme Monégasque (SAM) |
| Predecessor: | Office Monégasque des Téléphones |
| Location: | Monaco |
| Key People: | Etienne Franzi Martin Péronnet |
| Industry: | Telecommunications |
| Net Income: | 52.1 million euros (2015) |
| Revenue: | 149.9 million euros (2015) |
| Num Employees: | 226 |
| Subsid: | Epic (Malta) Epic (Cyprus) |
Monaco Telecom is the primary telecommunications provider in the Principality of Monaco. Established in 1997, the company was formed following the government of Monaco's decision to privatize the previously state-owned Office Monégasque des Téléphones. Monaco Telecom provides various services including internet access and mobile phone services. It is a key entity in facilitating communication within Monaco and connecting the principality to global telecommunications networks. Additionally, the company operates a retail store which functions as a point of service and customer interaction.
In August 2012, Monaco Telecom sold its stake in its subsidiary, Afinis Communications - a Casablanca, Morocco-based telecommunications provider serving Africa's largest corporations - to SkyVision. In September of the same year, the Planor/Kome CESSE/Monaco Telecom consortium was awarded Mali's third mobile telephone licence. Monaco Telecom is the technical partner in the consortium, which operates through the Malian company, Alpha Telecom Mali.
Monaco Telecom owned a 36.75% stake in Roshan, Afghanistan's leading telecommunications provider, and was the technical lead for the deployment of the Roshan's mobile-telephone network in Afghanistan. Deployment of the network was completed in July 2003. In Afghanistan, which is currently undergoing massive reconstruction, Monaco Telecom also offered a range of complementary telecommunications services, including ISP data networks, leased lines, call centres, and emergency numbers. Monaco Telecom sold its 36.75% stake[1] to AKFED in August 2020, making it the sole owner. Monaco Telecom also has an office in Dubai, in the United Arab Emirates.
Cyprus: Since 2018, Monaco Telecom owns Epic (formerly MTN Cyprus) which is one of the largest telecommunication providers in Cyprus with a recorded share of broadband access at 47.8% in 2019.[2] [3] [4] [5] Epic provides integrated mobile and fixed telephony, internet and pay-TV services as well as solutions for businesses. It currently operates 18 stores across all major cities on the island.[6] [7]
Kosovo:Monaco Telecom won a 1999 United Nations contract to deploy and extend the Kosovo Telecom GSM network in Kosovo. Today, the mobile network covers over 99% of the population, with more than 1.2 million subscribers. In 2012 the Kosovo mobile telephony contract was extended for a further 3 years.
Malta: In December 2019, Monaco Telecom agreed to acquire Vodafone Malta for a cash consideration equivalent to an enterprise value of €250 million;[8] the acquisition was accomplished on 31 March 2020.[9] [10] [11] [12] On 17 November 2020 Vodafone Malta was renamed Epic.[13] [14] [15]
Monaco:Monaco Telecom offers Monegasque residents and companies the entire range of products and services expected of a major telecommunications company. Through a concession agreement with Principality, the company holds the monopoly for fixed-line telephone services, internet access and television services while the mobile telephony market is entirely open to competition. Monaco Telecom currently owns and operates 2 sales outlets in Monaco.
| Sector | Number of customers | |
|---|---|---|
| Fixed | 22 096 | |
| Mobile lines | 42 800 |
Since 2006, Monaco Telecom has been providing OnAir with infrastructure enabling in-flight connectivity—via GSM and IP networks—on several Airbus aircraft. In June 2006, OnAir extended its agreement with Monaco Telecom to include the development and management of its entire land-based network supporting GSM and GPRS calls originating from anywhere in the world. The first in-flight tests, on a commercial flight, were conducted in December 2007. By the end of 2011, the OnAir system was available in about a hundred aircraft operated by about fifteen companies.In June 2010, Monaco Telecom and OnAir broadened their range of services to include a new offer OnMarine extending the maritime communications network.
Monaco Telecom is a member of Eurecom, an engineering school and communication systems research centre based in Sophia Antipolis, France.
Monaco Telecom is 51.2% owned by Xavier Niel, founder and largest shareholder of the Paris based Iliad SA. The principality of Monaco owns the remaining 49.8% through the wholly owned Société Nationale de Financement.
Launch of LTE advanced in Monaco.
Introduction of a new logo and a new visual identity.
African group Azur Telecom chose Monaco Telecom to accompany him in his development.[21]
Launch of LTE in Monaco.
Monaco Telecom sold its stake in its subsidiary Afinis Communications to SkyVision.
Kosovo mobile-telephony contract extended for a further 3 years.
Provides circuit-wide WiFi coverage for the Monaco Formula 1 Grand Prix.
Education & Research: Eurecom names its future Class of 2011-2012, "Monaco Telecom".
The Open des Artistes de Monaco art competition: artists' contributions illustrate the telephone directory of the Principality.
Monaco Telecom and Cable&Wireless Communications announce the formation of Afinis Communications, following the merger of Divona's and Connecteo's sales operation.
Monaco Telecom partners with Eurecom.
Launches 30MB high-speed broadband and full digital TV services.
Martin Péronnet appointed as CEO (5 January 2009).
Acquires Connecteo, a VDI service provider with operations in 6 African countries.
CWI selects Monaco Telecom to establish its first mobile WiMax Centre of Excellence, in partnership with Alvarion, Cisco and Nokia.
Monaco Telecom sets up two satellite telecommunications subsidiaries in the Maghreb: Tunisia-based Divona Telecom and Divona in Algeria.
Vivendi Telecom International acquires 51% stake in Monaco Telecom.
For several years Monaco Telecom has spearheaded initiatives to measure electromagnetic field intensities to reassure the public that its installations do not pose a health risk. As of November 2010, electromagnetic wave emissions are regulated under Monegasque legislation, itself inspired by the most stringent regulations in the industry, i.e., an electric-field intensity threshold of 6 Volts/metre for radio antenna, television, walkie-talkie, and WiFi emissions, and 4 Volts/metre for mobile-telephone relay antennas. Compliance with threshold values is monitored by the government-run DCE (Direction des Communications Electroniques) during annual measurement campaigns, or whenever new mobile radio frequency emitting equipment is brought into service.