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Monaco Telecom

Monaco Telecom is the incumbent operator in the , providing comprehensive services including fixed-line , communications, high-speed , television, and connectivity. Established in 1997 following the of Monaco's market, the company has grown into a key player in the region's digital infrastructure, serving both residential and business customers with advanced technologies such as nationwide coverage launched in 2019 and fiber-optic speeds up to 10 Gbps. Owned approximately 50% by Salt Mobile (through its subsidiary GP Holdings) and 50% by the Monegasque Government through its National Finance Corporation, Monaco Telecom operates as a Société Anonyme Monégasque (S.A.M.) with approximately 250 employees. The company was initially acquired by Cable & Wireless in 2004 before Niel's NJJ Holding purchased a majority stake in for €322 million, which was subsequently sold to Salt Mobile in September 2025, marking shifts in its strategic direction toward innovation and expansion. Beyond its core operations in , Monaco Telecom extends its influence internationally through subsidiaries like , a leading telecom provider in and Malta's top mobile operator, and maintains a secure global network connecting Monaco to regions including , the , and via the Europe India Gateway submarine cable. The company plays a pivotal role in Monaco's , partnering on initiatives like the MonacoTech startup program and committing to sustainability as a signatory to the Principality's National Pact for reducing , while operating physical boutiques in Fontvieille and Monte-Carlo to support customer access.

History

Establishment and Privatization

Monaco Telecom was established in 1997 through the of the state-owned Office Monégasque des Téléphones (OMT), marking a significant shift in the Principality's sector from to private management. This transition was driven by a decision to liberalize services and enhance efficiency, transforming the OMT into a Société Anonyme Monégasque (SAM) under Monaco's , with registration number 97S03277 reflecting its founding year. Initially, the Monegasque retained a , ensuring oversight while allowing private sector involvement to drive innovation and expansion. Upon its formation, Monaco Telecom launched core services including fixed-line telephony for residential and business customers, basic communications under the local 377 , and early via dial-up and nascent options. These offerings built on the OMT's legacy while introducing competitive elements, such as bundled voice and data packages, to meet the demands of Monaco's affluent population and . The company's exclusive for domestic fixed and services until 2023 underscored its pivotal role in maintaining national connectivity. The first headquarters was located in Fontvieille at 9 Rue du Gabian, a strategic site in the that supported operational growth and proximity to key infrastructure. This setup facilitated the integration of privatized assets and the rollout of initial services, positioning Monaco Telecom as the incumbent operator responsible for the Principality's public electronic communications network. The laid the groundwork for subsequent ownership adjustments, enabling the company to adapt to evolving market dynamics.

Ownership Transitions

In April 2014, NJJ Capital, the investment vehicle of French entrepreneur —who founded the low-cost mobile operator —acquired a 55% stake in Monaco Telecom from for €322 million. This transaction transferred control from the previous majority owner, leaving the Principality of with its existing 45% stake and establishing a joint ownership structure between NJJ Capital and the government. Under NJJ Capital's majority ownership, Monaco Telecom aligned its operations with broader strategies from Niel's Iliad Group ecosystem, prioritizing investments in mobile network enhancements and -optic infrastructure deployment to support high-speed connectivity in the . These efforts contributed to achieving 100% coverage across by 2023, phasing out the legacy network. On September 18, 2025, Salt Mobile, operating through its parent entity Matterhorn Telecom, announced its intention to acquire NJJ Capital's 50.01% controlling stake in Monaco Telecom for €625.4 million. The transaction involves purchasing 90% of shares in GP Holding SAS, the entity indirectly holding NJJ's interest, and was financed partly through a €500 million issuance of senior secured notes due in 2030, supplemented by term loans and other facilities. The deal is subject to regulatory approvals and is expected to close following the completion of financing arrangements. As of November 2025, Monaco Telecom remains co-owned by NJJ Holding (50.01%) and the Monegasque Government (49.99%).

Major Acquisitions and Expansions

In the , Monaco Telecom expanded its international footprint through strategic stakes in operators, focusing on providing technical and management services. A key initiative was its involvement in Roshan, Afghanistan's largest provider, where Monaco Telecom held a 36.75% stake through its subsidiary Monaco Telecom International. This stake, originally established under previous ownership, supported Roshan's network deployment and operations in a challenging market. Monaco Telecom subsequently sold its stake in Roshan to the Fund for (AKFED), which became the sole owner following the divestments by minority shareholders.) In 2018, Monaco Telecom acquired MTN Cyprus, rebranding it as and establishing a leading position in the telecommunications market. Earlier in the decade, Monaco Telecom divested from other international ventures to refine its portfolio. In 2012, it sold its satellite communications business Afinis, which operated in francophone including , , and , to SkyVision Group for an undisclosed sum. This transaction transferred local licenses and offices to the buyer, marking an exit from certain enterprise services. Afinis had been formed from the merger of Monaco Telecom's prior operations, Divona and Connecteo, highlighting an earlier phase of regional expansion. A significant milestone came in 2020 with the acquisition of Vodafone Malta for an enterprise value of €250 million, completed after regulatory approval from the Maltese Communications Authority. The deal positioned Monaco Telecom as a major player in the Mediterranean telecom market, with the acquired entity rebranded as Epic Malta. Post-acquisition, Epic achieved the leading mobile market share of approximately 42%, driven by investments in network enhancements and customer growth. This purchase aligned with Monaco Telecom's strategy to consolidate presence in Europe. Beyond equity stakes, Monaco Telecom pursued operational expansions through service contracts in select regions. In , it has maintained a long-standing agreement with state-owned and Telecom of Kosovo (PTK) since 1999, with multiple extensions including in 2009 and 2012, providing technical support for PTK's and subsequent upgrades. Similarly, in , Monaco Telecom entered in 2012 by securing a to manage the third operator, Alpha Telecom Mali, following the government's award of a national license to a including Planor Group and Monaco Telecom International for FCFA 52 billion. While details on partial exits from Mali remain limited, these ventures underscored Monaco Telecom's expertise in supporting infrastructure in developing markets. As part of its broader growth, Monaco Telecom rolled out services in in 2019, enhancing its technological capabilities for international expansions.

Operations in Monaco

Domestic Services

Monaco Telecom provides fixed-line telephony services to approximately 43,000 customers in the as of 2023, offering voice calls bundled with television packages that include premium channels and on-demand content. These services support unlimited calls to fixed lines in and , along with features such as , , and , catering to both residential and business users. The company's mobile services serve around 40,000 subscribers in as of early 2025, with options for prepaid and postpaid plans featuring connectivity and data packages up to unlimited usage. These plans include roaming agreements, notably with major French operators like , , and since March 2024, enabling seamless access to the Monegasque network for visitors without additional roaming charges. Internet services are delivered through La Fibre, a fiber-optic providing symmetrical speeds up to 10 Gbps, with 100% coverage across achieved in 2023 following the transition from copper infrastructure. This upgrade ensures low-latency connections suitable for high-bandwidth activities like video streaming and . Additional offerings include cloud services hosted in secure data centers within , enabling scalable storage and for businesses. telephony via TrunkSIP provides flexible VoIP solutions bridging systems with protocols for enhanced and . For high-net-worth clients, Monaco Privé delivers tailored solutions, including dedicated 24/7 support, global packages, and private consultations for , , fixed-line, and TV needs. Monaco Telecom maintains a presence through two boutiques in the : one in Fontvieille at 9 Rue du Gabian (open Monday to Saturday) and another in Monte-Carlo at 27 Boulevard des Moulins (open Monday to Friday). is available seven days a week from 8 a.m. to 10 p.m. via phone at +377 99 66 33 00 or , with prioritized assistance for professional clients.

Infrastructure and Network Upgrades

Monaco Telecom has undertaken significant infrastructure developments to modernize its telecommunications network within the , focusing on transitioning from systems to advanced fiber-optic and technologies. The company achieved full fiber-optic coverage across by April 2023, marking the completion of a multi-year rollout that began in 2019 and connected all eligible buildings to high-speed infrastructure. This upgrade enables symmetrical download and upload speeds of up to 10 Gbps for business customers through its Fiber Pro service, launched in November 2021, enhancing data stability and supporting for enterprises. As part of this fiber-centric strategy, Monaco Telecom initiated the shutdown of its network to phase out outdated infrastructure. Consumer services over copper were discontinued in December 2023, with the full network switch-off completed at the end of 2024, ensuring all services migrate exclusively to fiber optics. This transition requires on-site technician interventions to connect households and businesses directly to the new fiber lines, promoting greater reliability and scalability for fixed-line services. In mobile infrastructure, Monaco Telecom pioneered deployment through a strategic partnership with , announced in September 2018, aimed at achieving nationwide coverage. The collaboration included a pilot demonstration at the Monaco Yacht Show in September 2018, where enabled real-time 360-degree high-definition video streaming via drone to headsets. Full commercial rollout commenced on July 10, 2019, making Monaco the first country in —and among the first globally—to provide complete coverage across its territory using equipment. This network delivers low-latency connectivity, supporting enterprise applications with high scalability and minimal delays. Complementing these upgrades, Monaco Telecom operates three data centers within the , providing secure hosting and services for IT and infrastructures. These facilities, including the state-of-the-art DC3 at 4 Avenue Albert II, offer 24/7 monitoring, options, and scalable solutions tailored for businesses, ensuring and in a compact environment. A new basement , integrated into the Larvotto Supérieur residential development and approved in 2024, further bolsters capacity for -based operations.

International Presence

European Operations

Monaco Telecom's European operations center on its full ownership of Epic, which delivers integrated fixed-line, mobile, broadband, and pay-TV services across Cyprus and Malta, leveraging synergies in the Mediterranean region to enhance network interoperability and service offerings. These activities represent a significant portion of the group's international footprint, with a focus on infrastructure modernization and market leadership in mobile connectivity. In September 2025, Swiss operator Salt announced its acquisition of NJJ Holding's majority stake in Monaco Telecom, though this does not immediately affect ownership of subsidiaries like Epic. In Cyprus, Epic operates as the leading alternative telecom provider, offering comprehensive fixed and mobile services to residential and business customers. As of 2019, Epic commanded a 47.8% share of the broadband access market, underscoring its strong position in high-speed internet delivery. By 2024, Epic's fixed network achieved notable performance recognition, earning Ookla's Speedtest Award for the Fastest Fixed Internet Network in Cyprus during the first and second quarters, based on a Speed Score of 147.56 derived from millions of user-initiated tests. In the mobile segment, Epic holds approximately 34.8% of connections as of 2024, while continuing investments in 4G and emerging 5G capabilities. Epic's presence in Malta solidified following Monaco Telecom's €250 million acquisition of Vodafone Malta in April 2020, which rebranded to Epic and positioned it as the market leader in mobile services. By 2025, Epic Malta maintains a 42% share of the mobile market in a competitive three-player environment, supported by a nationwide 5G rollout completed by 2024 in partnership with Ericsson as the exclusive radio access network provider. This expansion included €20 million in financing from the European Investment Bank to achieve 99% 5G population coverage and extend fiber-to-the-home (FTTH) infrastructure, addressing the country's low fixed-line penetration of around 7%. Epic Malta's network has been independently verified as the best in the country, powering high-speed data services up to 1.5 Gbps. In Kosovo, Monaco Telecom conducts mobile operations through a long-standing partnership with Post and Telecom of Kosovo (PTK), stemming from a 1999 United Nations contract to deploy and manage the network. This arrangement has enabled coverage of over 99% of the population, with extensions including a 2012 agreement focusing on enhancing mobile customer offerings and infrastructure reliability. While specific attribution to Monaco Telecom remains tied to PTK's overall operations, the supports Kosovo's ecosystem amid a concentrated market dominated by private and state entities. Monaco Telecom has redirected resources toward core Mediterranean markets to capitalize on regional growth in digital services and connectivity.

Other International Ventures

Monaco Telecom's international activities beyond have been limited, focusing on selective investments in emerging markets and niche global services, with a strategic shift toward divestitures since 2020 to prioritize core operations in and nearby regions. In , the company entered the market through a with Planor Afrique, securing Mali's third mobile license in January 2013 for approximately €84 million. This launched as Alpha Telecom, providing mobile services across the country, and was branded as Telecel Mali. Monaco Telecom maintains an ongoing minority stake in this operation, supporting its presence in amid challenging market conditions. The company has divested from other n ventures by 2020, streamlining its portfolio to reduce exposure to high-risk environments. In Asia, Monaco Telecom held a 36.75% stake in Roshan, Afghanistan's largest mobile operator serving over 10 million subscribers with voice, data, and financial services. This interest was acquired prior to 2014 through its parent company's portfolio. In August 2020, Monaco Telecom International sold the entire stake to the Aga Khan Fund for Economic Development, enabling a refocus on more stable markets. Monaco Telecom also provides specialized global connectivity through partnerships in maritime and in-flight sectors. Since 2006, it has supplied ground infrastructure for OnAir, enabling mobile connectivity for passengers and crew on international flights via satellite technology. This collaboration extended to maritime services, offering broadband and voice solutions for ships worldwide. These ventures leverage Monaco Telecom's expertise in international roaming and satellite integration to serve remote, mobile environments.

Ownership and Governance

Current Shareholders

In September 2025, Salt Mobile, operating through its holding company Matterhorn Telecom, acquired a 50.01% controlling stake in Monaco Telecom from NJJ Capital for €625.4 million through the acquisition of 90% of GP Holding SAS, which indirectly holds the stake, marking a significant expansion into the Mediterranean telecom market. This acquisition enables synergies with Salt's Swiss operations, including shared network technologies and cross-border service enhancements for customers in both regions. The remaining approximately 49.99% stake is held by the Monaco Government through its wholly owned entity, Société Nationale de Financement, which maintains influence to ensure alignment with national regulatory and policies. Governance of Monaco Telecom features a board composed of representatives from both Salt Mobile and the Monaco Government, with no shares available to the public, preserving a private ownership structure focused on strategic . The acquisition has no on the governance of Monaco Telecom. The transaction was financed primarily through a €550 million senior secured notes issuance and a €130 million facility by Matterhorn Telecom.

Historical Ownership Structure

Monaco Telecom was established in 1997 through the of the state-owned Office Monégasque des Téléphones, initially operating as a majority -owned entity providing services in the Principality of Monaco. In 1999, acquired a 51% stake for approximately FFr700 million (equivalent to about €107 million), later increasing it to 55% in 2001, marking the first significant private involvement while the Monegasque retained the remaining shares. This structure persisted until 2004, when Cable & Wireless purchased Vivendi's 55% stake for €162 million, establishing a joint ownership model with the holding 45%. Under this arrangement, Monaco Telecom maintained its dominant position as the operator, benefiting from the Principality's monopoly-like market dynamics. In 2014, sold its 55% stake to NJJ Capital, the investment vehicle of French entrepreneur , for €322 million ($445 million), resulting in NJJ holding 55% and the Monegasque government 45%. This transaction valued the company at around €585 million and shifted control toward private leadership focused on innovation and expansion. During the NJJ era from 2014 to 2025, Monaco Telecom pursued aggressive growth, including acquisitions in (2018) and (2020), which diversified its operations beyond Monaco while leveraging Niel's telecommunications expertise. Financial performance strengthened under this ownership; for instance, in 2015, annual revenue approximated €170 million, reflecting robust domestic and emerging international contributions. Employee numbers also expanded significantly during this period, from approximately 280 in 2015 to 201-500 by mid-2024, supporting operational scaling across multiple markets. The NJJ-government partnership emphasized technological upgrades and regional dominance until 2025, when NJJ agreed to sell its stake to Salt Mobile for €625.4 million, transitioning ownership while the government retained its share.

Subsidiaries and Partnerships

Epic Communications

Epic Communications represents Monaco Telecom's key international subsidiaries in Cyprus and Malta, operating under the Epic brand to deliver integrated services. These entities focus on , fixed , and related offerings, leveraging shared technological from the parent company to enhance service quality across their markets. In , Epic was established prior to its acquisition by Monaco Telecom in September 2018, when the company purchased the entire share capital of MTN Cyprus for €260 million. Rebranded as Epic in June 2019, it holds a significant 47.8% share of the access market as recorded in 2019, positioning it as one of the island's largest providers. The subsidiary offers a comprehensive suite of services, including connectivity via 4G and 5G networks, fiber-optic , fixed , and pay-TV. In 2024, Epic was recognized as Cyprus's fastest fixed network by Ookla's Speedtest Awards for the first and second quarters, achieving a Speed Score of 147.56 with download speeds up to 773.76 Mbps. Epic's operations in Malta stem from Monaco Telecom's acquisition of Vodafone Malta in April 2020 for €250 million, following an agreement reached in December 2019. The rebranding to Epic occurred in November 2020, establishing it as the leading mobile operator in the country with full nationwide 5G coverage. Services encompass high-speed mobile data up to 1,500 Mbps on 5G, fiber broadband, and fixed-line options, with Epic capturing 67% of new mobile customers in Q2 2025 to reinforce its market dominance. Independent audits by the Malta Communications Authority in 2025 ranked Epic as the top-performing mobile network for quality of service. Both subsidiaries benefit from technological integration with Monaco Telecom, including shared expertise in network upgrades and 5G deployment, which supports operational efficiencies. Combined, Epic Cyprus and Epic Malta generated an estimated €200 million in revenue in 2023, contributing significantly to Monaco Telecom's international portfolio. Monaco Telecom maintains 100% ownership of both entities, ensuring aligned strategic development.

OnAir Communications

OnAir Communications was a originally established in 2005 between , a global provider of IT solutions for the air transport industry, and to deliver in-flight mobile connectivity services using passengers' own devices. In June 2006, OnAir entered into a with Monaco Telecom, under which Monaco Telecom agreed to supply, install, and operate the key ground-based components of OnAir's network infrastructure, including base stations and core network elements to support seamless connectivity. This collaboration enabled the commercial launch of and GPRS services on selected European flights starting in 2007, allowing passengers to make voice calls, send messages, and access basic data services mid-flight as if on a terrestrial network. The core technology behind OnAir's offerings was a combining onboard cellular picocells with links to route traffic to ground s, providing wholesale agreements with operators worldwide and ensuring with devices without additional hardware. Monaco Telecom's role extended to managing the core support, handling billing, , and with global carriers to maintain service reliability. In 2010, OnAir expanded into the maritime sector with the launch of OnMarine, introducing full GSM and GPRS mobile connectivity for passengers and crew aboard ships, beginning with Hapag-Lloyd Cruises' MS Europa in June of that year. This extension leveraged the same hybrid satellite-cellular architecture adapted for vessels, enabling voice, text, and low-bandwidth data services at sea while relying on Monaco Telecom's established ground infrastructure for backend operations. Through these services, OnAir supported connectivity for numerous airlines and cruise lines, achieving global reach via partnerships with satellite providers and international operators. In 2013, acquired full ownership of OnAir from , rebranding it as SITA OnAir while continuing the focus on mobility services for and applications. The partnership with Monaco Telecom, which lasted over 18 years, ended when SITA OnAir ceased operations on January 31, 2025.

Innovation and Research

Research and Development Initiatives

Monaco Telecom has prioritized internal in mobile network technologies, particularly focusing on deployment and optimization to enhance across the . In July 2019, the company successfully rolled out the first full operational network in , achieving 100% coverage of Monaco's territory and marking a milestone in high-density urban mobile access. This initiative involved extensive internal efforts to integrate advanced spectrum allocation and antenna systems, enabling download speeds up to 1 Gbps and supporting emerging applications in real-time data transmission. In the realm of fixed-line infrastructure, Monaco Telecom's R&D has centered on fiber-optic advancements, culminating in the launch of its Pro Fibre service in 2022, which delivers symmetrical speeds of up to 10 Gbps for business users. This development incorporated optimized cabling and routing protocols to minimize latency, facilitating applications in sectors requiring ultra-fast, stable connections such as and online gaming. The solution also features integrated technology and energy-efficient hardware, aligning with broader goals of scalable network expansion. The company's internal projects extend to and (IoT) ecosystems, with a emphasis on secure infrastructure to underpin Monaco's ambitions. Monaco Telecom operates three dedicated s designed for high-availability hosting of IT and network resources, including redundant power systems and advanced cybersecurity measures to protect sensitive data flows. These facilities support IoT-enabled services for urban management, such as connected transport and , contributing to the Principality's . In a related effort, outcomes from Monaco Telecom's involvement with EURECOM have informed internal optimizations in communication protocols for IoT scalability. As of 2025, the company has expanded its R&D to include (AI) applications for network optimization and generative AI solutions, with dedicated teams focusing on integrating AI into mobile core networks and cloud platforms.

Technological Partnerships

Monaco Telecom has established several key technological partnerships to advance research and deployment in the Principality. These collaborations emphasize innovation in wireless networks, , and infrastructure, often involving leading academic and industry players. In 2010, Monaco Telecom joined the as an partner, focusing on research and development in areas such as digital , communication systems, and networks. This partnership has supported joint projects, including the SPECTRA initiative from 2010 to 2014, which explored multi-band technologies for improved spectral and energy efficiency in wireless communications. Through EURECOM's digital department, Monaco Telecom contributes to cybersecurity advancements relevant to telecom infrastructure, aligning with the institute's emphasis on secure networks and data protection. A significant collaboration began in with , aimed at pioneering technology in . The agreement facilitated a pilot launch at the Monaco Yacht Show in September , followed by full nationwide deployment by July 2019, making the first European country with complete coverage using equipment. This partnership extended to (IoT) solutions under the "5G Smart Nation" project, enhancing applications and high-speed connectivity across the . Monaco Telecom co-founded MonacoTech in 2017 with the Monegasque Government and entrepreneur , launching it as a startup and in November 2017. By 2018, after its first year, MonacoTech had conducted multiple application calls, fostering innovation in tech sectors like and greentech. As of 2020, it has hosted and accelerated over 20 startups, providing resources for growth and integration into Monaco's digital ecosystem. These joint efforts have directly contributed to domestic upgrades, such as the 2010 rollout of ultra-broadband service offering up to 30 Mbps speeds, developed in collaboration with the Monegasque State to modernize the .

Corporate Responsibility

Sustainability and Environmental Efforts

Monaco Telecom has prioritized the transition from copper-based to fiber optics as a key environmental initiative, completing a full rollout across the by 2023 and shutting down the legacy by the end of 2024. This enhances while reducing overall , as fiber optic systems require significantly less power for data transmission compared to traditional lines—typically up to 70% lower per 100 meters of cable. The eco-friendly rollout aligns with broader goals, minimizing the environmental impact of operations through durable, low-maintenance materials. In support of Monaco's national climate commitments, the company signed the Charter of Commitment to the National Pact on in 2019, pledging to contribute to a 55% reduction in by 2030 relative to 1990 levels. Monaco Telecom conducted a comprehensive audit in 2023 to inform targeted action plans, with ongoing efforts focused on in data centers, including optimized cooling systems and eco-compatible construction materials that adhere to standards like . These measures aim toward zero-carbon operations, though specific adoption for data centers remains integrated into broader efficiency improvements rather than standalone sourcing. To address , Telecom maintains a zero-waste policy, 15 tonnes of equipment in 2023 alone, ensuring 100% of decommissioned servers, modems, cables, computers, and network bays are directed to certified reprocessing facilities. This initiative fosters a model in collaboration with the government, preventing disposal and recovering valuable materials to reduce resource extraction demands. The program's success underscores the company's role in sustainable within the sector.

Community and Social Programs

Monaco Telecom has actively promoted inclusion within the by partnering with initiatives to enhance access to secure and educational resources. A key component is the provision of Monaco Care Safety, a application funded by the Government of and distributed through all Monaco Telecom internet packages, which includes anti-virus protection, secure browsing, banking safeguards, and to ensure safe connectivity for users, including during emergencies. This service supports low-income and vulnerable residents by offering essential tools for protected online access without additional cost. Additionally, the company collaborates on La Maison du Numérique, a launched in 2023 that provides and assistance to Monegasque nationals, residents, and employees, attracting over 1,500 visitors in its first six months for workshops on digital skills. In the realm of education, Monaco Telecom co-founded MonacoTech in 2017 alongside the Principality of Monaco and entrepreneur , establishing an program that supports startups through one-on-one coaching, workshops, and entrepreneurial resources tailored to innovative tech projects aligned with national priorities. This initiative fosters training opportunities for young talents, with annual programs selecting cohorts of ambitious projects and providing skill-building sessions that have engaged hundreds of participants, including over 100 youths in digital and entrepreneurial development each year. The company's involvement extends to broader educational efforts, such as connectivity solutions for local schools and associations to promote . Monaco Telecom demonstrates philanthropy through targeted donations to local causes, contributing more than €66,000 to the Prince Albert II of Monaco Foundation over five years for environmental and social projects, and €8,972 to the Children & Future association via employee-driven fundraising during the No Finish Line race. During the in 2020, the company allocated over €1 million in relief efforts, including enhanced connectivity support and contributions to health-related initiatives in the . These efforts underscore a commitment to community welfare amid crises. Employee volunteering forms a core part of Monaco Telecom's social engagement, with staff dedicating approximately 500 hours annually to digital literacy workshops and community outreach programs. The company organizes over 30 such actions each year, including team-building events and awareness sessions, such as a 2023 workshop on that engaged 56 female employees in partnership with the Princess Grace Hospital Center. These initiatives often overlap with sustainability efforts, like joint programs with the Prince Albert II Foundation for green education workshops that teach youth about environmental topics through digital tools.

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