News
28 November 2019
EIB loan will finance GO's telecommunication infrastructure project in Malta
In:
IT and telecoms
Region:
Europe
The European Investment Bank and Malta's GO p.l.c. (GO) have signed a €28 million loan to finance the company's investments in telecommunication infrastructure.
The project, to be implemented over three years, will support GO’s investments targeting a fixed line and mobile very high capacity network throughout Malta. GO will use the EIB loan to roll out its Fibre to the Home network to cover more than 70,000 additional households.
This project is part of an ongoing multi-year investment programme through which GO is strengthening its infrastructure, introducing new technologies and improving operations.
The EIB loan is backed by the European Fund for Strategic Investments.
