Melita Limited, a leading telecommunications company in Malta, has announced its plans to invest €50 million in its network infrastructure over the next seven years. This significant investment aims to deliver next-generation internet speeds and enhance the reliability of the network, thereby shaping Malta’s digital future.
During a live presentation attended by Economy Minister Silvio Schembri, Melita CEO Harald Roesch unveiled the ‘Road to 10 Gigabits’ technology. This innovation promises to offer internet speeds of up to 10 gigabits per second (Gbps) – ten times faster than the current fastest nationwide network available in Malta.
Roesch emphasized that while existing connectivity options already offer exceptional performance, the company’s objective is to elevate internet speeds to a whole new level. Despite the fact that most household devices are not yet capable of fully utilizing 10 Gbps speeds, Melita is forward-thinking and aims to future-proof its network for the anticipated advancements in technology, including the widespread use of artificial intelligence (AI) and other emerging applications.
Melita already boasts a remarkable broadband network, being the sole provider in Malta capable of delivering 1,000 megabits per second (Mbps) – equivalent to one gigabit – across the entire country. This achievement has positioned Malta as the leading European nation in terms of ultra-broadband connectivity, with complete gigabit internet coverage.
Economy Minister Silvio Schembri praised Melita for its commitment to investing in Malta’s digital infrastructure, stating that a high-speed internet network is crucial for real-time communication and agile decision-making. Moreover, he believes that this groundbreaking technology will transform the way people live, work, and interact, ensuring that Malta is well-prepared for the impending digital revolution.
Melita’s Chief Technology Officer, Simon Montanaro, explained that the introduction of 10 Gbps internet speeds will not only enhance user experiences with delay-sensitive applications but also unlock new capabilities and internet experiences across various industries.
Acknowledging the importance of sustainability, Melita has made it a fundamental aspect of its agenda. Through The Melita Foundation, the company actively supports and collaborates with non-profit organizations, individuals, and other stakeholders to foster digital skills and creativity in Malta, facilitating further growth.
Additionally, Melita is the only telecommunication company in Malta to have joined the United Nations’ Science Based Target Initiative. This initiative aims to align companies’ emissions reduction targets with the goals outlined in the Paris Climate Agreement, limiting global warming to 1.5 degrees Celsius. Melita’s commitment to minimizing its environmental impact while shaping Malta’s digital future demonstrates its dedication to achieving a sustainable and technologically advanced society.
In conclusion, Melita Limited’s €50 million investment in its network infrastructure reflects its unwavering determination to deliver next-generation internet speeds and unparalleled reliability in Malta. By embarking on the ‘Road to 10 Gigabits’, the company aims to revolutionize the way people connect, live, work, and play. With its exceptional broadband services and commitment to sustainability, Melita is cementing its position as a pioneer in Malta’s digital landscape.