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, formerly Melita Cable, is a Maltese telecommunications company established in 1992. It is a quadruple play provider that provides cable television, mobile telephone, broadband Internet, and fixed-line telephone services.[1]
Melita was the first company to offer high-definition television in Malta through its Melita NetBox digital set-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 by EQT AB.[5]
In October 2019, Melita launched a new brand selling Machine to Machine (M2M) and Internet 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. Retrieved 3 April 2016.
- ^ "Melita inaugurates HD TV". Times of Malta. 30 May 2010. Retrieved 3 April 2016.
- ^ "Apax Partners and Fortino Capital complete the acquisition of Melita". Times of Malta. 2016-02-22. Retrieved 2024-05-31.
- ^ "Apax Partners and Fortino Capital complete the acquisition of Melita". Melita. 2016-02-22. Retrieved 2019-07-02.
- ^ "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.