Telecommunications provider in the Principality of Monaco
Monaco Telecom
Company type
Société Anonyme Monégasque (SAM)
Industry
Telecommunications
Predecessor
Office Monégasque des Téléphones
Founded
1997; 27 years ago (1997)
Headquarters
Monaco
Key people
Etienne Franzi (Chairman of the Board) Martin Péronnet (CEO)
Revenue
149.9 million euros (2015)
Net income
52.1 million euros (2015)
Owners
Xavier Niel (55%)[1]
Government of Monaco (45%)[1]
Number of employees
226
Subsidiaries
Epic (Malta) Epic (Cyprus)
Website
www.monaco-telecom.mc
Monaco Telecom is the primary telecommunications provider in the Principality of Monaco. Established in 1997, the company was formed following the government of Monaco's decision to privatize the previously state-owned Office Monégasque des Téléphones. Monaco Telecom provides various services including internet access and mobile phone services. It is a key entity in facilitating communication within Monaco and connecting the principality to global telecommunications networks. Additionally, the company operates a retail store which functions as a point of service and customer interaction.
^ ab"Cable & Wireless sells Monaco Telecom stake to Xavier Niel". Reuters. 25 April 2014.
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