Epic CEO

Tamás Bányai, CEO of telecommunications enterprise Epic, took to social media to reveal that the company will be receiving €20 million in support from the European Investment Bank (EIB).

Mr Bányai said that the sum is set to aid “the rollout of Epic’s new mobile network” as well as “the expansion of [the company’s] innovative fibre broadband network.”

“We are leading the way by rolling out the best digital infrastructure technologies to provide the best service to customers in Malta,” the CEO added.

Silvio Schembri / LinkedIn

In a separate social media post, Economy Minister Silvio Schembri celebrated this as a way to “accelerate the company’s mobile network modernisation programme.”

Mr Bányai has spearheaded Epic since its November 2020 rebrand. Before that, the company was known as Vodafone Malta. The re-brand was spurred by Monaco Telecom’s takeover of Vodafone Malta in a deal worth €250 million.

Prior to joining Vodafone Malta, the Epic CEO held several senior positions at Vodafone Hungary.

Featured Image:

Tamás Bányai / LinkedIn

Related

Regulatory approval granted for appointment of Non-Exec Director at FIMBank plc

21 September 2023
by Helena Grech

With over 30 years of experience, Sunny Bhatia holds and has held several senior positions in the finance sector.

‘Getting employers to pay for rising cost of living not a healthy strategy for Malta’ – Vassallo Group CPO

20 September 2023
by Fabrizio Tabone

Lee Xuereb says that even with the MEA’s proposal to have €3 reduced through tax deductions, COLA will still have ...

Are you a ‘low ego’ CEO? Prince William and Kate Middleton may have a job for you

20 September 2023
by Fabrizio Tabone

The UK royals are on the hunt for a CEO to manage Kensington Palace, the official residence of the Prince ...

Life at a start-up is an ‘ongoing process and a constant revision of goals’ – CTO Kurt Azzopardi

20 September 2023
by Fabrizio Tabone

He affirms that the journey towards success is the real prize, not the destination.

Close Bitnami banner
Bitnami