GO to in­vest more than €100 mil­lion over the next five years

● Data ca­pac­ity of sub­ma­rine ca­bles con­nect­ing Malta to the world dou­bled

The Malta Independent on Sunday - - BUSINESS & FINANCE -

GO plc this week an­nounced it is in­vest­ing in ex­cess of €100 mil­lion in the com­ing five years to en­sure that its in­fra­struc­ture and sys­tems re­flect tech­no­log­i­cal de­vel­op­ments and con­tinue to serve the growing de­mands of the com­mu­nity and econ­omy. This in­vest­ment is ad­di­tional to a fur­ther €240 mil­lion, which was in­vested over the past decade. These in­vest­ments have re­sulted in un­prece­dented ben­e­fits for the con­sumer and econ­omy, which is highly de­pen­dent on a ro­bust and re­silient ICT in­fra­struc­ture.

This new in­vest­ment pro­gramme is al­ready de­liv­er­ing sig­nif­i­cant re­sults. GO is cur­rently up­grad­ing its two sub­ma­rine ca­bles that con­nect Malta with main­land Europe via Si­cily. These up­grades, by a team of GO en­gi­neers, are near­ing com­ple­tion, and will more than dou­ble the data ca­pac­ity of these links.

Dur­ing a visit to GO’s Head­quar­ters by Prime Min­is­ter Joseph Muscat, At­tila Keszeg, Chief Ex­ec­u­tive Of­fi­cer at GO plc, said: “GO has steadily and con­sis­tently in­vested in Malta’s com­mu­ni­ca­tions in­fra­struc­ture and we will con­tinue to do so over the com­ing five years as we strongly be­lieve in the future of com­mu­ni­ca­tions ser­vices in Malta. Past in­vest­ments have led to the roll out of FTTH to Mal­tese homes and a dou­ble cer­ti­fi­ca­tion as the fastest and most re­silient mo­bile net­work in Malta. The na­tional in­fra­struc­ture, how­ever, is just one part of our story. In­ter­na­tional con­nec­tiv­ity is equally im­por­tant for Malta’s en­tire econ­omy and we need to en­sure that our in­ter­na­tional ca­bles have the ca­pac­ity and re­silience to han­dle the growing data de­mands of both in­di­vid­u­als and busi­nesses. As the only op­er­a­tor in Malta with more than one sub­ma­rine cable, the dou­bling of ca­pac­ity of our ex­ist­ing ca­bles rep­re­sents a sig­nif­i­cant step for­ward in help­ing Malta to ful­fil its vi­sion in the tech­nol­ogy and in­no­va­tion sec­tors.”

More­over, GO is also eval­u­at­ing the fea­si­bil­ity of cre­at­ing a new link with an ex­ist­ing sub­ma­rine cable which cur­rently links Tunis with Mar­seille. This would fur­ther strengthen Malta’s in­ter­na­tional con­nec­tiv­ity by fur­ther in­creas­ing data ca­pac­ity as well as the se­cu­rity of sup­ply. It would be the first link that is not en­tirely de­pen­dent on main­land Italy.

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