‘We’re not just laying cables’ – CEO Nikhil Patil on GO’s mission as it celebrates 50 years of operation

Leading telecoms provider GO is doing more than “just laying cables or building networks,” said its CEO Nikhil Patil as he marked the company’s 50-year anniversary.

Speaking to shareholders at GO’s AGM, Mr Patil laid out the company’s vision to “deliver inclusion, opportunity and a greener future.”

He said that as it looks ahead to the next 50 years, GO’s mission “remains clear: to drive a digital Malta where no one is left behind.”

He highlighted its energy-efficient solutions with GO ENERGI, as well as its investments in subsidiaries such as Cablenet, BMIT Technologies, AQS Med, Cybersift, and Klikk, which have expanded GO’s role in the broader digital and energy ecosystem.

GO’s future outlook includes expanding its role in Malta’s digital economy by growing its share of what it calls the “digital spend” – the total consumer investment in connectivity, digital services, and energy.

“With our strong brand, deep market presence, and talented team, we are ideally placed to become the trusted partner in every part of our customers’ digital lives,” said the CEO.

Malta’s longest-standing communications provider went public in 1998, when the Government of Malta offered 40 per cent of the issued share capital on the local stock exchange. The Government’s remaining stake was sold in 2006.

In 2024, GO announced record revenues of €244.9 million, up 3.8 per cent year-on-year, and a stable net profit of €15.7 million.

The company registered solid customer growth in 2024, enabling it to reclaim its position as Malta’s leading broadband provider and further strengthen its reputation as the country’s fastest-growing mobile network.