Cyta's Expansion into the Energy Sector
February 2, 2026
Cyta plans to expand into the energy sector through a bill that amends the Telecommunications Services Law. The bill recognizes the need for more affordable electricity prices in Cyprus, which struggles with high costs due to reliance on imported fuels. Cyta's president, Maria Tsiakka, stated that their involvement will enhance the green transition and provide new energy options for Cypriot consumers. She also emphasized the importance of equal treatment for all providers. The Electricity Authority of Cyprus (EAC) expresses willingness to collaborate with Cyta to reduce energy prices.