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Positive year for GO

17 Mar 2023

Maltese telco GO has reported consolidated revenues of EUR214.6 million (USD227.6 million) for full-year 2022, up 10.8% year-on-year. The domestic unit saw sales rise 9.4% to EUR128.8 million, while Cablenet in Cyprus saw a 19.4% rise in turnover to EUR63.9 million. The improved revenue was driven by growth in fixed and mobile subscriptions. EBITDA rose 11.1% to EUR81.4 million, while profit was up 16.7% at EUR12.2 million.

GO said that 63% of the island of Malta and 57% of Gozo are now covered by its fibre-to-the-home (FTTH) network.

Cyprus, Malta, Cablenet (Cyprus), GO

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