5 Minute News

Cyta Approaches Selection of New CEO

March 31, 2026

Cyta is nearing the selection of a new CEO, with five candidates advancing to the next round. These candidates were chosen by an external partner to ensure transparency in the process. The Board will interview the candidates and make a final selection, subject to approval by the Cabinet. The new CEO will take over during a significant period, facing challenges not only in telecommunications but also in the electricity market. Strategic goals include offering energy alongside telephony and internet services.