Press Release
Cablenet Communication Systems PLC has recently announced its financial results for the year ended 31 December 2025, reporting revenue of €69.7 million. More than a financial milestone, 2025 stands as a year of deliberate, ambitious investment, one in which Cablenet fundamentally reset its product portfolio, accelerated its network expansion and reinforced its long-term commitment to delivering smarter, simpler and more valuable experiences for every customer across Cyprus.
Reflecting on the year, Chairman Nikhil Patil noted that Cablenet's approach remains resolutely long-term and disciplined: "Cablenet remains a strategic asset for the GO Group and an important contributor to Cyprus' digital future. The progress achieved in 2025 reinforces our confidence in the company's growth trajectory, and we remain committed to investing in the infrastructure, capabilities and people that will build sustainable value for years to come."
At the core of this progress was a bold transformation of Cablenet's product ecosystem, built around three clear principles: simplicity, transparency and outstanding customer service. The company launched Giga-speed home internet with Same-Day activation and a 30-Day Try & Buy guarantee, giving customers the freedom to connect instantly with complete confidence and crucially, with no long-term commitment required. This customer-first philosophy extended across the entire new portfolio, from flexible TV entertainment passes to the flagship 5G Unlimited mobile plans starting from just €10 monthly, all designed to give Subscribers greater control, fewer restrictions and real, tangible value.
Mobile growth remained a defining story of the year, with Cablenet's subscriber base growing to approximately 171,000, a 9% increase driven by the successful launch of 5G services and the new 5G Unlimited portfolio. These plans offer unlimited data, premium entertainment and seamless international connectivity, purpose-built for the always-connected lifestyles of modern customers.
"This is more than a product refresh. It is a complete reset of what Subscribers should expect from their digital provider," said CEO Ioannis Mavridis. "We listened carefully to our Subscribers. They want faster access, fewer restrictions, transparent value and total flexibility. Our new portfolio delivers exactly that across mobile, internet, TV and everything that comes next."
On the fixed network side, Cablenet continued its significant infrastructure investment, expanding its footprint to 235,000 homes now directly connected, passed or covered. This expansion reflects the company's ambition to bring future-ready, high-speed connectivity to the majority of households and businesses in Cyprus, building the physical foundation upon which the country's digital future will be shaped.
Complementing this was the landmark arrival of HBO in Cyprus, a first-of-its-kind collaboration between a telecom operator and the HBO platform, bringing world-class content to Cablenet Subscribers through integrated bundles spanning internet, TV and streaming.
In the business segment, Cablenet continued to deepen its presence, growing its base to 5,198 businesses served with integrated broadband, cloud and connectivity solutions tailored to enterprises of every scale. The company sees significant ongoing potential in this segment, underpinned by sustained demand for reliable, high-performance digital infrastructure.
Looking ahead, Mavridis is confident about the Company’s direction: "2025 was a year of real transformation. We launched Giga Internet with no commitment, rolled out 5G Unlimited, brought HBO to Cyprus for the first time, and expanded our network to 235,000 homes. But this is just the beginning. Our Subscribers can expect a continuous flow of innovation, always guided by one principle: putting their real needs at the centre of everything we do."
Cablenet enters 2026 with clear momentum, expanding its mobile and fibre footprint, enhancing its digital services and content offering, and continuing to build its position as Cyprus' leading full digital lifestyle partner for homes, families and businesses alike.
About Cablenet
Cablenet Communication Systems PLC is one of Cyprus' leading telecommunications providers, offering broadband internet, mobile, fixed telephony and television services. With a network covering 235,000 homes and a team of over 400 dedicated professionals, Cablenet continues to invest in next-generation infrastructure and innovative digital solutions. For more information, visit www.Cablenet.com.cy.
