Outlook: GOing for more growth
GO internet (GO) is provisioning its 100Mbps service, which should drive ongoing subscriber growth. It may also have the opportunity to increase its footprint if it decides to participate in spectrum auctions during 2016. With its proposed €8m fund-raising, management seems to be positioning for this. However, the shares are discounting a slowdown in growth, rather than the prospects for a company gearing up for growth.GO internet SpA. GO internet SpA is an Italy-based company engaged in the telecommunication services industry. The Company specializes in broadband technology, though wireless Internet and mobile phone communication. GO internet SpA provides Internet services using Worldwide Interoperability for Microwave Access (WiMAX/LTE) fourth generation wireless technology (4G) for mobile devices. It provides also telephone services through the VoIP protocol. The Company offers its services in the domestic market, including the Marche and Emilia-Romagna regions. In addition, GO internet SpA operates through rights of use guaranteed by the Ministry of Economic Development. The main shareholder of the Company is Gold Holding Srl.
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