EURO Money invest in MALTA way and Technology: Melita being sold to Apax France and Fortino Capital

EURO Money invest in MALTA way and Technology: Melita being sold to Apax France and Fortino Capital

 

MALTA opprtunity with MALTAway

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Melita plc is being sold to France-based Apax Partners and Fortino Capital, the telecommunications company revealed this morning.

The sale is subject to regulatory approval, said Melita’s owners, GMT Communications Partners, MC Venture Partners, Blackrock Communications and the Gasan Group.

Chairman Joseph Gasan said he was delighted that the company, which he founded 23 years ago, was now in a position to start a new phase under new ownership.

The company’s management team welcomed the deal and described it as recognition of Melita’s consistent growth throughout the past years, based on a clear strategy of delivering customer value through convergence.

CEO Andrei Torriani said that as the company continued to grow, invest and roll-out new offerings, it should continue to be a strong employer in Malta.

As the company continued to grow, invest and roll-out new offerings, it should continue to be a strong employer in Malta

Apax Partners and Fortino Capital together bring more than 30 years of experience in the technology, media and telecom sector.

Through their investments and professional participation the new investors bring experience from companies such as Numericable Belgium & Luxembourg, Cabovisao, Outremer Telecom, Telenet, Primacom and KPN.

Over recent years, Melita completed key infrastructure investments that have been acknowledged by the European Commission and enabled Malta to place at the top of the European charts for next generation broadband coverage.

These include nationwide 3G mobile network, laying of a submarine cable connecting Malta to mainland Europe, nationwide deployment of next generation broadband with speeds up to 250Mbps, construction of a state-of-the-art data centre for co-location and hosting services, as well as the roll-out of Melita wifi – the next-generation wifi service. It continues to invest in dedicated fibre connectivity to businesses across all Malta and Gozo.

http://www.timesofmalta.com/articles/view/20151208/local/melita-plc-being-sold-to-apax-france-and-fortino-capital.595032

If you ask for money, you get advice. If you ask for advice, you get money.

If you ask for money, you get advice.

If you ask for advice, you get money.

Just in case MALTAway….who we are what we do

Why? Because at our basic human roots, we’re wired to help others. If you follow Gestalt psychology, we each work individually to benefit the community as a whole. We learn, remember, and teach different branches of knowledge. We want to impart our knowledge. We strive to become something more than the sum of our parts.

Even if you’re not a CEO looking to raise funding, you can use this tactic to get a raise or land that initial job. Instead of walking into the meeting demanding a higher salary, ask how you can contribute more to the company. Your boss will examine your work and reevaluate your worth. By asking for advice on your role, you can earn a raise without ever asking for it.

Don’t hard sell anyone, especially when first reaching out. Ease into the conversation with a relaxed and friendly tone, maintaining an openness about your intentions. The other person will come up with their own ideas on how they want to work with you and get excited about the prospects.

https://www.linkedin.com/pulse/best-advice-how-cold-email-can-land-you-funding-brian-wong?trk=hp-feed-article-title