Melita (telecommunications company)
 Company logo | |
 | |
| Formerly | Melita Cable |
|---|---|
| Company type | Private |
| Industry | Telecommunications |
| Founded | 1992 |
Key people | Harald Rösch(CEO) |
| Owners | EQT AB |
| Website | www.melita.com |
Melita Limited,formerlyMelita Cable,is aMaltesetelecommunicationscompany established in 1992. It is aquadruple playprovider that providescable television,mobile telephone,broadband Internet,andfixed-line telephoneservices.[1]
Melita was the first company to offerhigh-definition televisionin Malta through its Melita NetBoxdigitalset-top box,introduced in 2010.[2]
In February 2016, the private equity investment funds Apax Partners France,[3]today known as Seven2, and Fortino Capital acquired the company from previous financial investors GMT Communications Partners,MC iVenture Partners,Blackrock Communications and the Gasan Group.[4]On 23 May 2019 Melita was acquired byEQT AB.[5]
In October 2019, Melita launched a new brand sellingMachine to Machine(M2M) andInternet of Things(IoT) connectivity to businesses across Europe. The company offers both cellular IoT as well as LoRaWAN IoT connectivity.[6]
Melita Ltd launched a charitable foundation in 2020 with initial funding of €500,000. It will be investing these funds in a range of projects focused primarily on the development of digital skills and creativity among young people in Malta and the conservation of Malta’s heritage and environment.[7]
References
[edit]- ^"About Us".Melita.Retrieved3 April2016.
- ^"Melita inaugurates HD TV".Times of Malta.30 May 2010.Retrieved3 April2016.
- ^"Apax Partners and Fortino Capital complete the acquisition of Melita".Times of Malta.2016-02-22.Retrieved2024-05-31.
- ^"Apax Partners and Fortino Capital complete the acquisition of Melita".Melita.2016-02-22.Retrieved2019-07-02.
- ^"EQT acquires the leading Maltese telecom operator Melita".eqtgroup.com.23 May 2019.
- ^"Melita launches melita.io to offer IoT connectivity across Europe".melita.com.17 October 2019.
- ^"Melita launches charitable foundation with funding of €500,000".Times of Malta.16 February 2020.