GO aims to invest over EUR50 million in fibre rollout

27 Apr 2015

Maltese telco GO has revealed that it plans to invest more than EUR50 million (USD54 million) over the next five years to deploy fibre-to-the-home (FTTH) technology nationwide. Commercial services are due to be launched in the next few weeks, the Malta Independent writes, with 17,000 homes already covered by GO’s new infrastructure in Sliema and areas of St Julian’s and Lija. The telco has been conducting limited trials of FTTH since late 2012.

GO’s CEO Yiannos Michaelides is quoted as saying: ‘As part of our strategy to upgrade our entire network range to Next Generation Networks, the rollout of FTTH represents a very significant investment by GO which will future-proof Malta’s internet infrastructure for the benefit of the whole country and ensure that Malta keeps pace with the rest of Europe.’ GO’s main competitor in Malta’s fixed line sector, Melita, operates nationwide cable TV and broadband networks which allow download speeds of up to 100Mbps.

Malta, GO