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LMT revenue rises 5% in first nine months

Published 18 Oct 2019 11:07 CET | Latvia

Revenues at Latvian mobile operator LMT totaled EUR 164 million from January-September, up by 4.7 percent year-on-year. EBITDA at the company was EUR 55.3 million, up by 10.4 ...

Tele2 Latvia revenue rises 4.5% in first nine months

Published 18 Oct 2019 10:59 CET | Latvia

Revenues at mobile operator Tele2 Latvia reached EUR 96.7 million for January-September, up by 4.5 percent year-on-year. EBITDA at the company totaled EUR 37.5 million, up by ...

Tet grows revenues 7% in 9 months

Published 18 Oct 2019 08:44 CET | Latvia

Revenues of Latvian fixed operator Tet totaled EUR 162.8 million in January-September of this year, up by 7 percent year-on-year. Service revenues under the Shortcut pay-TV ...

Latvian ICT exports rise 25% in 2018

Published 09 Oct 2019 15:17 CET | Latvia

Latvian imports of ICT products reached almost EUR 1.1 billion in 2018, reports Db.lv citing Signe Balina, the president of the Latvian ICT industry group Likta. Exports of ...

Bite Latvia raises corporate customer base thanks to cooperation with Latnet

Published 09 Oct 2019 10:56 CET | Latvia

Mobile operator Bite Latvia has announced that its business subscriber base grew by 15 percent year-on-year, and the number of SIMs used by corporate customer increased by 21 ...

Refusal to merge Tet, LMT will reduce their ability to compete - Telia

Published 02 Oct 2019 16:58 CET | Latvia

The decision by the Latvian rulling political coalition not to merge fixed operator Tet with mobile operator LMT will reduce the ability of both to compete, Telia regional ...

Samsung reports high demand for Galaxy Note 10 smartphones in the Baltics

Published 30 Sep 2019 15:10 CET | Estonia, Latvia, Lithuania

Samsung Electronics sid that sales of the Samsung Galaxy Note10 and 10+ smartphones were 40 percent higher within one month in Latvia, as compared to the Galaxy Note9, ...

Bite Latvia to acquire stake in Baltcom

Published 25 Sep 2019 09:02 CET | Latvia

Mobile operator Bite Latvia has signed an agreement to acquire a stake in Latvian cable operator Baltcom, reports Db.lv citing Kaspars Buls, the CEO of Bite Latvia. No ...

Lattelecom Technology changes name to T2T

Published 24 Sep 2019 11:30 CET | Latvia

Latvian IT company Lattelecom Technology has changed its company name to T2T and introduced its new branding....

Bite, Tele2 found JV for shared network management in Latvia, Lithuania

Published 24 Sep 2019 11:14 CET | Latvia, Lithuania

Mobile operators Bite Latvia and Tele2 Latvia have created the joint venture Centuria for their planned shared network in Latvia and Lithuania, reports Db.lv. Equity of the ...

Tet invests in Baltic Net network

Published 23 Sep 2019 17:09 CET | Latvia

Latvian fixed operator Tet has upgraded links of its Baltic Net network to Lithuania and Sweden, reports Db.lv. The capacity to Vilnius and Stockholm was increased to 100 ...

Telia to re-assess position in Latvia after cooperation with govt stalls

Published 23 Sep 2019 12:50 CET | Latvia

The government of Latvia has informed Telia Company that it no longer intends to implement the memorandum of understanding on improving cooperation as shareholders in the ...

Tele2 Latvia claims state overpays for mobile services

Published 20 Sep 2019 14:26 CET | Latvia

Mobile operator Tele2 Latvia has issued a statement claiming that state institutions use budget funds inefficiently and overpay for mobile services. According to a statement, ...

Huawei joins Latvian ICT industry group

Published 17 Sep 2019 14:06 CET | Latvia

Huawei Technologies Latvia has joined the national ICT industry group Likta, reports Db.lv. The company expects the membership will help strengthen its market positions in ...

Tele2 Latvia to launch 5G base stations in Daugavpils, Jelgava

Published 17 Sep 2019 09:18 CET | Latvia

Mobile operator Tele2 Latvia plans to launch 5G base stations in the cities of Daugavpils and Jelgava by the end of this year. One 5G base station will be built in each of ...

Mikrotikls revenues up 3% in 2018

Published 13 Sep 2019 12:08 CET | Latvia

Revenues of Latvian ICT company Mikrotikls totaled EUR 258.7 million in 2018, up by 2.8 percent, reports Db.lv. Net profit of the company increased by 83.4 percent, to EUR ...

Tele2 Latvia subscribers increase take up of handset repair services

Published 11 Sep 2019 13:45 CET | Latvia

Indemneties paid to subscribers of Tele2 Latvia's used handset repairs services amounted to almost EUR 200,000 in the first half of this year, according to a study from the ...

Finns use most mobile data in Nordic and Baltic lands in 2018

Published 05 Sep 2019 14:01 CET | Estonia, Latvia, Lithuania, Scandinavia

Finland had the highest number of mobile subscriptions per capita last year, with numbers in the other countries varying between 1.1 and 1.6 subscriptions per capita in 2018. ...

Baltcom invests EUR 7 mln in upgrade of telecom infrastructure

Published 04 Sep 2019 15:58 CET | Latvia

Latvian cable operator Baltcom has invested EUR 6.87 million in the upgrade of its telecommunications infrastructure over four years, reports Db.lv. The operator has ...

Tele2 Latvia starts sale of Huawei 5G smartphone

Published 30 Aug 2019 16:22 CET | Latvia

Mobile operator Tele2 Latvia has started selling the Huawei Mate20 X 5G smartphone at its shops. The device is available for sale in six of the operator's shops in Riga. The ...

Deac delays launch of data centre in Riga as it looks for investors

Published 20 Aug 2019 10:49 CET | Latvia

Latvian company Deac has postponed the launch of its new data centre in Riga, reports Db.lv citing Andris Gailitis, the company's chairman of the board. The new data centre ...

Bite Latvia reports high demand for Samsung Galaxy Note 10

Published 19 Aug 2019 16:39 CET | Latvia

Mobile operator Bite Latvia announced that the demand for the new Samsung Galaxy Note 10 and 10+ smartphones has been extremely high during pre-sales of the devices at its ...

Tele2 Latvia performs video call on 5G network

Published 14 Aug 2019 20:31 CET | Latvia

Mobile operator Tele2 Latvia has performed a video call on the 5G network, which it said was the first one of this type in the country. During the connection, the speed ...

Amazon founds subsidiaries in Estonia, Latvia

Published 12 Aug 2019 09:08 CET | Estonia, Latvia

Amazon has registered its subsidiary in Estonia, reports Vz.lt citing national daily Postimees. The company Amazon Data Services was founded a month ago. The company  ...

Tele2 Latvia added to good taxpayers list

Published 08 Aug 2019 13:07 CET | Latvia

Mobile operator Tele2 Latvia said it paid EUR 24.4 million in taxes in 2018, up 7 percent year-on-year. The company employs around 300 staff across the country....


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