GO plc Hits €250 Million Revenue Mark: A Malta Success Story

Imagine, if you will, the bustling streets of Triq il-Merkanti in Valletta. The sun is beating down on the historic buildings, and the scent of fresh pastizzi wafts through the air. Amidst this vibrant scene, a local company, GO plc, has just achieved a remarkable milestone – crossing the quarter-billion euro revenue mark.

From Humble Beginnings to Quarter-Billion Euros

GO plc, a name synonymous with telecommunications and technology in Malta, has come a long way since its inception in 1992. Starting as a small, government-owned entity, it has evolved into a powerhouse, offering a wide range of services from fixed-line and mobile communications to internet, TV, and even data centre services. This growth has been nothing short of meteoric, with the company reporting a staggering €250 million in revenue for the first half of 2021 alone.

This remarkable feat is a testament to GO’s commitment to innovation, customer service, and adaptability. The company has consistently invested in its infrastructure and services, keeping pace with the ever-evolving digital scene. From being the first to introduce 4G services in Malta to rolling out the country’s most extensive fibre optic network, GO has been at the forefront of technological advancements, driving Malta into the future.

Driving Malta’s Digital Revolution

GO’s success is not just a story of corporate growth; it’s a story of Malta’s digital revolution. The company has played a pivotal role in transforming the Maltese islands into a digital hub. Today, Malta boasts one of the highest internet penetration rates in the EU, a feat that wouldn’t have been possible without GO’s relentless efforts.

GO’s impact extends beyond just connectivity. It has created jobs, fostered local talent, and supported various community initiatives. From sponsoring cultural events like the Malta International Fireworks Festival to investing in educational programs like the GO Digital Academy, the company’s commitment to Malta is evident in every aspect of its operations.

: GO’s Ambitious Plans

GO plc’s CEO, Nikhil Patil, is bullish about the company’s future. He envisions GO expanding its footprint, both locally and internationally, while continuing to innovate and enhance its services. The company is already making strides in this direction, having recently acquired a majority stake in the Greek telecommunications company Forthnet.

But GO’s ambitions don’t stop at growth. The company is also committed to sustainability, aiming to reduce its carbon footprint and contribute to Malta’s green transition. This includes plans to replace its diesel-powered generators with cleaner alternatives and to invest in renewable energy sources.

As we look to the future, one thing is clear: GO plc is not just a telecommunications company. It is a symbol of Malta’s progress, a driving force behind the islands’ digital transformation, and a testament to what can be achieved with vision, innovation, and a commitment to community.

“This is just the beginning. We’re not stopping at €250 million. We’re looking to the future, to new opportunities, and to new ways of serving our customers and our community.” – Nikhil Patil, CEO, GO plc