Politis

Cyta Expands into Electricity Market After 25 Years in Telecoms

Published December 28, 2025, 13:14
Cyta Expands into Electricity Market After 25 Years in Telecoms

After 25 years of operation in the competitive Cypriot telecommunications market, Cyta is in a mature phase of development, with revenues expected to exceed €435 million in 2025, an improvement over 2024. The company has invested heavily in digital infrastructure, offering fast mobile and Fiber networks, with the goal of full coverage of households and businesses. Cyta's president, Maria Tsiakka, emphasizes the benefits of competition for citizens, such as lower costs and upgraded services. The company is also expanding into new areas, such as cloud solutions, data centers, and IoT, while preparing to enter the electricity market. Cyta aims to be a technology partner of the state, contributing to the digital development of Cyprus. The company is sending messages to the EAC, which recently entered the telecommunications market, regarding the steps it needs to take to ensure its sustainability. Cyta's success is not measured only by numbers, but also by the positive impact its services have on people's daily lives and the operation of businesses. The company's investments aim to strengthen this impact and maintain the high quality of its services.