Monaco Telecom among the honourees at the Invest Cyprus International Investment Awards

Monaco Telecom, which acquired MTN in Cyprus and rebranded it to Epic, was honoured for its investment in Cyprus at the 13th Invest Cyprus International Investment Awards presented by PwC Cyprus.

The award was delivered to Martin Péronnet, CEO of Monaco Telecom.

Monaco Telecom is the operator of the Principality of Monaco, providing broadband, TV, mobile and BtoB services, with a strong international approach. Monaco Telecom is headquartered in Monaco and is co-owned by NJJ Holding and the Principality. NJJ belongs to Xavier Niel who has progressively built one of the fastest-growing telecom groups in countries like France, Italy, Poland, Switzerland, Ireland, South America and the Nordic Countries.

Monaco Telecom has developed its international strategy with the objective of leveraging its strong innovation know-how and its experience of international markets to build a solid presence in European Mediterranean destinations. In 2018, Monaco Telecom acquired MTN in Cyprus and rebranded it to Epic. In 2020, the operator also purchased 100% of Vodafone Malta.

Cyprus was Monaco Telecom's first country of choice, because of the resilience and dynamism of its economy, the stability of its political and regulatory environment and the talent of its people. Epic is now a leading provider in Cyprus. Its 5G mobile network was rated best in test in 2024 by international independent testing company umlaut, and its new FTTH service is expanding fast, bringing up to 5Gbps speeds to its growing customer base.

Paying tribute to international investors for their contribution

The 13th Invest Cyprus International Investment Awards pay tribute to major international investors for their contribution to Cyprus and its economy.

The 13th Invest Cyprus International Investment Awards are presented by PwC Cyprus, with the generous support of Elite Sponsor Eurobank, Strategic Partner Cyta Business, and Gold Sponsors Ecommbx and Lanitis Group.

Hosted by GOLD magazine and organised by Invest Cyprus, the official body the government has entrusted with the task of attracting foreign investment to Cyprus, the event is taking place under the auspices of the President of the Republic, Nikos Christodoulides.