[4] In addition to its already established mobile network, the company is a provider of fixed telephony, broadband services and TV.

[10] In turn, MTN Cyprus acquired 100% of Infotel Ltd (Germanos chain of stores) as well as Otenet (Cyprus) Ltd, a fixed telephony and internet provider,[11] thus entering both the fixed telephony and internet service markets respectively for the first time.

[16] As a part of the deal Monaco Telecom was allowed to continue using the MTN brand name for three years in exchange for a commercial fee.

[19] In June 2019, Monaco Telecom retired the MTN brand name and renamed the company as Epic.

[23] According to statistics released by the Office of Electronic Communications & Postal Regulations (OCECPR), as of March 2021, Epic is the second largest mobile network operator in Cyprus, after CYTA (which has a market share of 54.50%), controlling 33.80% of the market.