Vodafone Malta, a Maltese mobile network operator, is planning to funnel €40 million ($46 million) into infrastructure over the next few years as part of its transformation to an infrastructure company, according to Times Malta.
The shift has been called a “critical priority” for the company’s CEO, Tamas Banyai, whose goal is to turn the company into a “total telecommunications service provider” that will develop broadband and fixed services for consumers and businesses.
The plan is part of the long-term vision of Monaco Telecom, which bought out Vodafone Malta for €250 million ($293 million) in April.
