GO (Malta)
Encyclopedia
GO p.l.c. is a provider of local and long distance telephone services, wireless service, cable television, and DSL
Digital Subscriber Line
Digital subscriber line is a family of technologies that provides digital data transmission over the wires of a local telephone network. DSL originally stood for digital subscriber loop. In telecommunications marketing, the term DSL is widely understood to mean Asymmetric Digital Subscriber Line ,...

 Internet access. GO is based in Marsa, Malta
Malta
Malta , officially known as the Republic of Malta , is a Southern European country consisting of an archipelago situated in the centre of the Mediterranean, south of Sicily, east of Tunisia and north of Libya, with Gibraltar to the west and Alexandria to the east.Malta covers just over in...

.

History

Undersea telegraph cable from Malta was first laid to Sicily
Sicily
Sicily is a region of Italy, and is the largest island in the Mediterranean Sea. Along with the surrounding minor islands, it constitutes an autonomous region of Italy, the Regione Autonoma Siciliana Sicily has a rich and unique culture, especially with regard to the arts, music, literature,...

 in 1857 and to Egypt
Egypt
Egypt , officially the Arab Republic of Egypt, Arabic: , is a country mainly in North Africa, with the Sinai Peninsula forming a land bridge in Southwest Asia. Egypt is thus a transcontinental country, and a major power in Africa, the Mediterranean Basin, the Middle East and the Muslim world...

 in 1868 by various operations which came to be consolidated in 1928 into one company which was renamed Cable & Wireless
Cable & Wireless
Cable & Wireless Worldwide PLC is a global telecommunications company headquartered in Bracknell, United Kingdom. Cable & Wireless specialises in providing communication networks and services to large corporates, governments, carrier customers and resellers...

 in 1934. The Telemalta Corporation Act of 1974 created the Telemalta Corporation which was given monopoly
Monopoly
A monopoly exists when a specific person or enterprise is the only supplier of a particular commodity...

 rights as both the operator and regulator of all telecommunications services. Maltacom p.l.c.
Public limited company
A public limited company is a limited liability company that sells shares to the public in United Kingdom company law, in the Republic of Ireland and Commonwealth jurisdictions....

was created in 1997 and assumed the assets of Telemalta. The Government retained a 60% stake in Maltacom and sold 40% to the general public by 1998.

In 1999, a second mobile communications licence was issued to Mobisle Communications Limited, a subsidiary of Maltacom p.l.c. on condition that the parent company divest itself of its 20% share holding in Vodafone Malta Limited within six months of Mobisle's launch. In late 2000, Mobisle launched its GSM network branded as GO Mobile.
In May 2006 the Maltese government sold its 60% stake in Maltacom to the Dubai Holding
Dubai Holding
Dubai Holding is a holding company that belongs to the Government of Dubai . It manages and controls 20 companies, which operate in real estate, hospitality, finance, healthcare, energy, research, education, entertainment, media, internet, tourism and biotechnology...

 subsidy TECOM Investments.

On June 12, 2007 Maltacom Group, Malta’s leading telecommunications provider, was renamed GO.. It signified the merger of the 4 brands Maltacom, Maltanet, Multiplus and GO Mobile.

GO provides voice, mobile, TV and broadband grouped as GO Business, GO Mobile and GO Plus. GO Business is aimed at the corporate market and includes fixed line, broadband and digital TV as well as in hosting and co-location services. GO Mobile handles both business and personal mobile services while GO Plus is all about the home with fixed line, broadband and digital TV.
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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