Update: LTE network a GO-GO!
GO Internet’s H1 results show steady expansion in subscribers with solid average revenue per user (ARPU). The roll-out of its 100Mbps equipment has now started and we expect to see acceleration in the pace of growth as a result. The shares do not yet reflect the progress GO Internet is making in its current regions and the possibility that it will be allocated additional spectrum next year, which would enable it to expand further afield, adds further upward valuation potential.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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