Epic (Cyprus)
Epic LTD (previously operating as MTN Cyprus), is a Cyprus based telecommunications services provider owned by Monaco Telecom. It is the second largest mobile network operator in Cyprus by number of subscribers, behind CYTA. In addition to its already established mobile network, the company is a provider of fixed telephony, broadband services and TV. Following its rebranding from MTN to Epic its slogan has been "Great network. Great value". History Operating as Areeba (2004–2007) The company commenced its operations in Cyprus in July 2004 as Areeba (stylised as areeba) after being granted the second mobile telephony licence by the Cyprus Government. In December 2004, Areeba introduced the first 3G network in Cyprus. Ownership by the MTN Group (2007–2018) In September 2007 Areeba was rebranded to MTN after its parent company (Investcom LLC) was acquired by the multinational telecommunications company MTN Group. In March 2008, MTN upgraded its 3G network to support HSPA (marketed as 3.5G). In October 2008, the MTN Group and Amaracos Holdings entered into a partnership with Amaracos acquiring 49% of MTN Cyprus' stock. In turn, MTN Cyprus acquired 100% of Infotel Ltd (Germanos chain of stores) as well as Otenet (Cyprus) Ltd, a fixed telephony and internet