Monaco Telecom Overview and History

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Monaco Telecom has a rich history that dates back to 1885, when the first telephone line was established in Monaco.

The company's early years were marked by rapid growth and expansion, with the number of telephone lines increasing from just one to over 1,000 by the early 20th century.

Monaco Telecom's focus on innovation and technology led to the introduction of the first mobile phone network in Monaco in 1993, making it one of the first countries in the world to do so.

Today, Monaco Telecom continues to be a leading provider of telecommunications services in Monaco, with a wide range of products and services that cater to the needs of both individuals and businesses.

Management and Ownership

Monaco Telecom is a company with a unique ownership structure. Xavier Niel, the founder of Free, owns 55% of the company through his holding NJJ Capital.

The remaining 45% is owned by the State of Monaco. This ownership structure has been in place since the company's acquisition by Xavier Niel in 2014.

Here's a breakdown of the ownership:

In 2021, the State of Monaco renewed its public concession with Monaco Telecom for 20 years, securing the company's future in the principality.

Services and Operations

Credit: youtube.com, Interview with Martin Peronnet, CEO, Monaco Telecom

Monaco Telecom offers a range of services including fixed, Internet, TV, and mobile services, as well as international data connectivity, home, and cloud services.

The company provides 10Gbs fiber throughout the country, making it a reliable choice for those in need of fast and efficient internet.

Monaco Telecom is jointly owned by the Government of Monaco and NJJ Holding, a company owned by Xavier Niel, which also owns a portfolio of leading companies in the telecom markets, including Eir in Ireland and Salt in Switzerland.

The Only Operator

You can find the only telecom operator in Monaco at Boutique Monaco Telecom, located on Rue du Gabian.

Their website is https://www.monaco-telecom.mc/, where you can find more information about their services.

You can contact them at +37799663300 for any inquiries or concerns.

Their email address is [email protected], which you can use to reach out to their customer service team.

Their physical address is Rue du Gabian, 98000, Monte-Carlo, Monaco.

Expand your knowledge: 53 Com Customer Service

CIO Role

Credit: youtube.com, How the CIO Role is Expanding into Operations

The CIO Role is crucial in any organization. Bruno Beaugrand is the CIO of Monaco Telecom, a great example of someone in this position.

Activities

Monaco Telecom offers a range of services, including fixed, Internet, TV, and mobile services.

The company provides international data connectivity, home and cloud services, making it a one-stop-shop for all telecommunications needs.

Monaco Telecom is the first operator to launch 5G with national coverage in 2019.

With 10Gbs fiber available throughout the country, Monaco Telecom ensures fast and reliable internet speeds.

Monaco Telecom is jointly owned by the Government of Monaco and NJJ Holding, a company owned by Xavier Niel.

NJJ Holding has a portfolio of leading companies in the telecom markets, including Eir in Ireland and Salt in Switzerland.

Monaco Telecom is a 100% shareholder of Epic, the leading alternative operator in Cyprus and the leading mobile operator in Malta.

Additional reading: Global Telecom Holding

Research And Development

Monaco Telecom is a member of Eurecom, an engineering school and communication systems research centre based in Sophia Antipolis, France.

This partnership allows Monaco Telecom to stay at the forefront of innovation in the telecommunications industry.

Financial and Corporate

Credit: youtube.com, Monaco Telecom - Digital front desk

Monaco Telecom offers a range of financial services, including international money transfers and online banking.

Their corporate division provides telecommunications solutions to businesses, including high-speed internet and phone services.

Monaco Telecom's financial services are designed to be user-friendly and accessible, with features such as online account management and mobile banking apps.

Key Dates

Monaco Telecom has a rich history of innovation and expansion. In 2024, the company made a significant change by shutting down its copper network, effectively disconnecting residents from internet access via this method.

Here are some key dates in the company's history:

  • 2024: No residents have accessed the internet via the copper network in the Principality since January 31, 2024.
  • 2021: The Fiber network was deployed across the entire territory, and the company marketed its offers for individuals and businesses in Monaco.
  • 2020: Monaco Telecom acquired Vodafone Malta on March 31.
  • 2019: The company launched its 5G network and re-branded its MTN acquisition in Cyprus as epic.
  • 2018: Monaco Telecom acquired MTN Cyprus on July 16.
  • 2015: The ultra high speed broadband service using DOSCIS 3.0 was launched, offering speeds of 1Gbit down and 200Mbit up.
  • 2014: Xavier Niel acquired Monaco Telecom, a French Internet service provider and Mobile operator Iliad trading under the Free brand.
  • 2013: Monaco Telecom signed a strategic agreement with global carrier Level 3 for international connectivity.
  • 2011: The company launched its 4G LTE pilot service.
  • 2010: OnAir and Monaco Telecom launched OnMarine, an extended maritime communications service.
  • 2009: Outdoor demonstration of mobile WiMax technology was held in Monaco.
  • 2008: Monaco Telecom sold 60% of its stake in its call centre, eCALL.
  • 2007: The company unified its four core service offerings under the Monaco Telecom brand.
  • 2006: Monaco Telecom opened an office in Dubai.
  • 2005: OnAir selected Monaco Telecom for its land-based infrastructure.
  • 2004: Cable & Wireless International bought Vivendi Telecom International's stake in Monaco Telecom.
  • 1997: The Government of Monaco privatized Office Monégasque des Téléphones and formed Monaco Telecom.
  • 1996: The Principality of Monaco assigned its own country calling code (377).
  • 1994: GSM network was deployed in the Principality.
  • 1890: First public telephones were installed in the Principality of Monaco.

Corporate Responsibility

Monaco Telecom has taken the initiative to measure electromagnetic field intensities to reassure the public about the safety of its installations.

The company has been doing this for several years, and as a result, electromagnetic wave emissions are now regulated under Monegasque legislation.

This legislation is inspired by the most stringent regulations in the industry, setting an electric-field intensity threshold of 6 Volts/metre for radio antenna, television, walkie-talkie, and WiFi emissions.

For mobile-telephone relay antennas, the threshold is even lower at 4 Volts/metre.

The government-run DCE (Direction des Communications Electroniques) is responsible for monitoring compliance with these threshold values.

This is done through annual measurement campaigns, or whenever new mobile radio frequency emitting equipment is brought into service.

Lillie Skiles

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Lillie Skiles is a rising voice in the world of journalism, known for her in-depth coverage of financial and consumer-related topics. With a keen eye for detail and a passion for storytelling, Lillie has established herself as a trusted source for readers seeking accurate and informative articles. Her writing has been featured in various publications, with notable pieces including an exposé on Wells Fargo's banking issues, which shed light on the company's practices and their impact on customers.

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