GO reports 4.6% rise in turnover in 2021

Maltese telco GO has reported revenues of EUR193.7 million (USD215.3 million) for full-year 2021, up 4.6% from EUR185.2 million the year before. Group profit totalled EUR10.4 million, down from EUR14.0 million, with EBITDA up 1.5% at EUR73.2 million. The firm said its fibre-to-the-home (FTTH) network was rolled out past a further 32,000 households in 2021, taking coverage to 52%, while it continues to invest in the expansion of its 5G mobile network which was launched in December.