Tet Group revenues rise 8% in Q1

Wednesday 22 April 2020 | 13:23 CET | News
Latvia's Tet Group said preliminary revenues for the first quarter rose 8 percent year-on-year to EUR 54.4 million. Exports increased by 58 percent to EUR 8.3 million while EBITDA amounted to EUR 14.9 million. The strongest growth was registered from the use of the Shortcut TV application, as well as from the company's hardware maintenance and construction businesses.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Tet
Countries: Latvia
::: add a comment
This article is part of dossier


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Tet chairman, head of legal affairs to face criminal charges

Published 27 Oct 2020 16:36 CET | Latvia
Latvian operator Tet has confirmed that charges have been brought against its chairman Janis Gulbis and the company's legal ...

Tet revenues stable in 9 months

Published 22 Oct 2020 10:58 CET | Latvia
Latvian operator Tet announced that its revenues totaled EUR 162.8 million in the first nine months of 2020, stable year-on-year. ...

Tet to show own series on VoD platform

Published 16 Sep 2020 17:00 CET | Latvia
Subscribers to Latvian operator Tet's VoD service Shortcut Films will be able to watch a new series, Revenge, in September. The ...

Tet revenues stable in H1, EBITDA up 3%

Published 16 Jul 2020 14:42 CET | Latvia
Revenues of Latvian operator Tet were stable year-on-year at EUR 107.4 million in January-June of this year. EBITDA of the ...

Tet starts sales of household electronics, appliances

Published 15 Jun 2020 15:24 CET | Latvia
Latvian fixed operator Tet has started sales of household electronics and appliances in its shops. Customers are able to purchase ...

LMT revenues up 7% in Q1

Published 28 Apr 2020 14:56 CET | Latvia
Latvian mobile operator LMT announced that its revenues totaled EUR 56.3 million in the first quarter of this year, an increase ...

Tet, University of Latvia develop new algorithm for targeted TV, advertising

Published 26 Feb 2020 11:25 CET | Latvia
Latvian fixed operator Tet, in collaboration with the University of Latvia, has developed a big data-based algorithm for ...

Tet Group revenues up 7% in 2019

Published 29 Jan 2020 10:58 CET | Latvia
Revenues of Latvia's Tet Group increased by 7 percent in 2019 to EUR 226.3 million, the highest result since 2008. Export ...

Calendar   /   Industry Events

02 Nov Cirrus Logic fiscal Q2
02 Nov Ceragon Networks Q3 2020
02 Nov SBA Communications Q3
02 Nov Adtran Q3 2020
02 Nov Neophotonics Q3 2020
02 Nov Lumentum fiscal Q1
02 Nov Skyworks fiscal Q4
02 Nov Idemia Q3 2020
02 Nov Arista Q3 2020
02 Nov Web Summit
03 Nov TIM Q3 2020
03 Nov Oteclo Q3 2020
04 Nov Fitbit Q3
04 Nov Lumen Technologies (formerly CenturyLink) Q3
04 Nov Qualcomm fiscal Q4
04 Nov Liberty Latin America Q3 2020
04 Nov Smith Micro Q3 2020
04 Nov Net Insight Q3 2020
04 Nov Qorvo fiscal Q2
04 Nov Telecom Italia Q3 2020
04 Nov Cellnex Q3
04 Nov Syn Q3 2020
04 Nov Magyar Telekom Q3 2020
04 Nov Liberty Global Q3 2020
04 Nov Softbank fiscal Q2
04 Nov Digital Infra Africa
05 Nov Cable One Q3 2020
05 Nov Aviat Q1
05 Nov Netia Q3 2020
05 Nov Viasat Q2
::: More Calendar Items