- Melita (telecommunication company)
-
The Melita Group, is a diversified telecommunications provider offering home entertainment and telecommunications services to consumer and business customers throughout the Republic of Malta. The Melita group of companies offer IP based digital cable TV, broadband Internet, fixed-line telephony, and mobile voice and data services. It also owns and operates an undersea submarine optical fiber cable. The Melita group of companies includes Melita Plc, Melita Mobile Ltd., Melita Capital plc, Melita Infrastructure Ltd, and Melita Media Ltd.[1]
Contents
History
1992 – Melita launches Melita Cable TV services
2000 – Melita launches Internet Services under the brand Onvol
2005 – Melita Cable introduces digital Cable TV
2006 – Melita Introduces Fixed Telephony services under the brand Hello
2007 – Melita is purchased from UPC and Gasan group by a consortium of Venture Capital companies focused on Telecommunications, Media and Technology sectors.
2008 – Melita and all services are rebranded under a unified Melita brand
2009 – Melita launches its Fibre undersea cable providing Malta broadband connectivity to Europe and beyond and upgrades offering to 50 Mbps
2009 – Melita launches advanced 3G mobile communications services
2009 – Melita successfully raises capital through bond issuance to finance continued expansion
2010 – Melita launches HDTV and PVR services
The Melita Group’s successful development is evidenced by presence of at least one of its services in 70 percent of all households in Malta and Gozo. As a quad-play communications provider (offering television, broadband, mobile and fixed telephony services), the company continues to grow and maintain its position as a leader in the growth and development of the telecommunications and media sectors in Malta.Principal Companies
Melita PLC
Melita PLC is the operating company within the group focused on providing media and telecommunication services via its HFC (Hybrid-Fibre-Coax) network to households and business units in Malta. Formerly known as “Melita Cable”, the company offers Digital and High Definition TV Services with PVR functionality, high speed broadband and Fixed Telephony service via VOIP. With broadband and pay-tv penetration in Malta leading Europe and most of the world, Melita’s market leadership is represented in its penetration of over 70 percent of households with at least one of its services and with the majority of clients having more than one service.
Melita Mobile Ltd
Commercially launched in February 2009, Melita Mobile is Malta’s fastest growing mobile voice and data operator. Based on state-of-the art 3G UMTS technology, Melita Mobile’s offer of highly attractive tariff structure and advanced portfolio of wireless services have been cited by the EU driving the cost of mobile communications down in Malta and providing the stimuli for increased investment in the mobile telecommunications sector to the benefit of consumers and businesses.
Melita Infrastructure Ltd
Melita Infrastructure owns and operates a submarine cable between Malta and Sicily, connecting Malta to the rest of the world’s internet backbone. Commissioned in 2009, the undersea fibre cables has enabled Melita PLC to quickly gain market share position itself for growth in the market for international bandwidth supply within Malta.
Melita Capital PLC
Melita Capital PLC acts as the financing arm of the Melita Group, provide Group companies respective required financing vehicles for infrastructure and operational investments through public and private placements. Further information on Melita Capital and Melita Capital’s public offerings can be found on the company's website. [2]
GMT Communications Partners
GMT Communications Partners is a European independent private equity group focused exclusively on the communications sector, having actively invested in the European marketplace for the past 16 years. GMT is focused on providing buyout and expansion capital for high growth companies. As industry practitioners, GMT focuses heavily on developing new strategic directions for established businesses that are able to benefit from new communication technologies. Since its foundation in 1993, GMT has invested in 28 companies and completed over 100 transactions, exclusively in European media/communications.
MC Venture Partners
MC Venture Partners is a venture capital firm focused exclusively on the communications, media, and information technology sectors. Over the past 25 years, MC has invested over $1.8 billion into almost 80 emerging growth companies of all stages. MC has strong institutional backing from leading pension funds and university endowments as well as a long track record of success. MC Venture Partners investment professionals are based in Boston, San Francisco and London.
Gasan Group
Set up in 1928 the Gasan Group turned out to be one of the longest standing franchises of FORD outside of the US and the cornerstone upon which the Gasan Group was structured. The Group expanded its portfolio of activities, established leadership of the automotive business, captured a significant share of the insurance market, secured a strong presence in the development of residential and commercial property and maximised business opportunities in the engineering and information technology sectors.
Blackrock Communications Ltd.
Based in Ireland, Blackrock Communications invests in and acts within advisory roles to investments within the TMT sectors in Europe, Asia and North America
References
external links
This European corporation or company article is a stub. You can help Wikipedia by expanding it.
