GO is planning to invest €100 million over a six-year period starting from this year as part of its technology roadmap which will see it launching next generation networks such as fibre-to-the-home, mobile network upgrades and investments in its tv infrastructure to cover new services and applications.

CEO David Kay said this afternoon that in addition, €7 million were invested in GO's TV infrastructure since GO started off its TVoperations in 2007, focused mainly on providing close to 100% DTTV coverage around Malta and Gozo, and the improved headend facilities. The company has over 53,000 TV subscribers.

The comments were made when Prime Minister Lawrence Gonzi visited the GO head end facilities at Maghtab.

Mr Kay said GO has invested heavily in an upgraded sports playout facility and is now fully equipped for the exclusive transmission of the English Premier League and Italian Serie A due to kick off in August. GO will broadcast up to six simultaneous live events during every match day.

The Prime Minister was given a tour of GO's TV operations facilities at the Maghtab head end where he was given an explanation of the new high tech equipment at the upgraded sports playout facilities, as well as the renovation works carried out over the past months.

Dr Gonzi's visit marked the launch by GO of transmission of some of the latest sports channels it has acquired, namely Inter Channel, Juventus Channel and Roma Channel. Milan Channel will start broadcasts in the coming days.

During the visit, GO launched GO stars, a premium pay channel which carries movies of all genres, series and other entertainment programmes. All GO tv (Free, Silver and Gold) customers will have open viewing to GO stars for a period of one month.

Dr Gonzi thanked GO for its commitment to investment in its technology and infrastructure. ‘ Telecommunications is an important enabler for the economy and is pivotal for Malta to reach the Vision 2015 targets. The €100 million investment programme is a sign of confidence in Malta's potential and will further enhance Malta's investment attractiveness. The investment that GO has undertaken further confirms that liberalisation and privatisation processes have been important catalysts for investment,' Dr Gonzi said.

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