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Karl Stagno-Navarra
3G technology is on the cards for Maltacom plc, as the board of directors is reported to have started internal discussions on adopting the technology and announcing the hefty investment due to its shareholders.
Though cautious in his approach when asked about the matter, Maltacom Group plc chairman Sonny Portelli told Business Today that “the company would announce a decision and go public through the proper channels informing all our investors and shareholders”.
He commented also that Maltacom is already licensed for 3G, and is conscious about the deadlines imposed by the licence issued by the Malta Communications Authority (MCA).
Sonny Portelli’s remarks indicate a clear intention by Maltacom to join the fray for 3G technology after rivals Vodafone launched 3G during the summer.
It also adds flair to a more reserved approach expressed last July by newly appointed CEO David Kay who went on record in his first meeting with the media, that “a small market like Malta needs to be approached differently than, say, a market like Germany”.
Since the “rather cool” approach to 3G last July, the board of directors at Maltacom are reported to have discussed the issue and taken “preliminary decisions”.
Meanwhile, Sonny Portelli confirmed the board of directors’ decision to appoint Peter Gauci at the helm of Go Mobile, with a remit to run the company following former CEO Juanito Camilleri’s departure to Melita Cable and subsequently to the University of Malta. |
