A €20 million loan aimed at financing the investment in telecommunication infrastructures has been signed between the European Investment Bank and GO plc.

The project is about GO’s investments aimed to enhance the availability and quality of mobile and fixed high speed broadband services in particular through 4G and FTTH technologies.

This project is part of an ongoing multi-year investment programme through which GO is strengthening its infrastructure, introducing new technologies and improving operations with the ultimate objective of enhancing customer experience.

The project is fully in line with the targets of the digital agenda for Europe initiative to enable next generation broadband connectivity for citizens and is also in line with the financing activity of the European Union’s bank for economic cohesion.

The operation is supported by ‘InnovFin – EU Finance for Innovators’, with the financial backing of the European Union under Horizon 2020 Financial Instruments.

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