Melita Invests €50m for 10 Gbps Internet Speeds, Revolutionizing Malta’s Digital Future

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Melita Limited, a telecommunications company in Malta, has unveiled its plans to invest €50 million in upgrading its networks to deliver high-speed internet, revolutionizing the digital future of the island. The initiative, called the ‘Road to 10 Gigabits,’ aims to provide internet speeds of up to 10 gigabits per second (Gbps), which is ten times faster than the current fastest nationwide network.

During a live presentation at Mrieħel, Harald Roesch, the CEO of Melita, showcased the technology that will deliver this incredible internet speed. The event was attended by Economy Minister Silvio Schembri, who praised Melita for its commitment to investing in Malta and its role as a pioneer in the field.

Roesch emphasized the importance of preparing for the future demands brought by evolving devices and emerging technologies like artificial intelligence. He stated, By the time devices have evolved and new applications, such as AI, are more widely used, our network will be ready for the demands that will bring.

Melita is already recognized as the only broadband provider in the country capable of delivering 1,000 megabits per second (Mbps), or one gigabit, across the entire nation. As per the European Commission’s Digital Economy and Society Index (DESI), Malta is the only EU country with complete gigabit internet coverage.

According to Silvio Schembri, Malta holds the sixth position in the ranking of the most advanced digital economies in Europe, and he believes that a high-speed internet network will have a transformative impact on how people live, work, and interact in the country. He expressed his excitement about the launch of this groundbreaking initiative, stating, What we are launching today will transform the way we live, work, and interact and ensure that Malta is prepared for the digital revolution ahead.

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Simon Montanaro, the Chief Technology Officer of Melita, highlighted the numerous benefits that the 10 Gbps technology will offer. He stressed that it will provide an even better user experience with delay-sensitive applications and unlock new capabilities and internet experiences across various industries.

Melita also prioritizes sustainability and has established The Melita Foundation, which collaborates with nonprofits, individuals, and other stakeholders to develop the digital skills and creativity necessary for Malta’s progress. The company has also joined the United Nations’ Science Based Target Initiative, demonstrating its commitment to reducing greenhouse gas emissions and minimizing its environmental impact.

In conclusion, Melita’s investment of €50 million in its networks to deliver 10 Gbps internet speeds is set to revolutionize Malta’s digital future. With faster and more reliable internet, Malta will be prepared for the evolving technology landscape and can benefit from real-time communication, agile decision-making, and enhanced digital experiences across various sectors.

Frequently Asked Questions (FAQs) Related to the Above News

What is Melita Limited?

Melita Limited is a telecommunications company based in Malta.

What is the 'Road to 10 Gigabits' initiative?

The 'Road to 10 Gigabits' initiative is a plan by Melita Limited to invest €50 million in upgrading its networks to provide internet speeds of up to 10 gigabits per second (Gbps).

How fast is 10 Gbps internet speed?

10 Gbps internet speed is ten times faster than the current fastest nationwide network and can deliver high-speed internet for seamless online experiences.

Why is Melita investing in upgrading its networks?

Melita is investing in upgrading its networks to meet the future demands brought by evolving devices and emerging technologies such as artificial intelligence.

How does Melita currently perform in terms of internet speed?

Melita is already recognized as the only broadband provider in Malta capable of delivering 1,000 megabits per second (Mbps) or one gigabit across the entire nation.

What is the Digital Economy and Society Index (DESI)?

The Digital Economy and Society Index (DESI) is a ranking system by the European Commission that evaluates the advancement of digital economies in EU countries.

How does Malta rank in terms of digital economies in Europe?

Malta holds the sixth position in the ranking of the most advanced digital economies in Europe.

What is the expected impact of the high-speed internet network on Malta?

The high-speed internet network is expected to have a transformative impact on how people live, work, and interact in Malta.

What benefits will the 10 Gbps technology offer?

The 10 Gbps technology will provide an improved user experience with delay-sensitive applications and unlock new capabilities and internet experiences across various industries.

What is The Melita Foundation?

The Melita Foundation is an initiative by Melita Limited that collaborates with nonprofits, individuals, and other stakeholders to develop digital skills and creativity for Malta's progress.

How is Melita committed to sustainability?

Melita has joined the United Nations' Science Based Target Initiative and aims to reduce greenhouse gas emissions and minimize its environmental impact.

How will the investment in network upgrade revolutionize Malta's digital future?

The investment in network upgrade will provide faster and more reliable internet, enabling real-time communication, agile decision-making, and enhanced digital experiences across various sectors in Malta.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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