Telecomunications

International Internet Magazine. Baltic States news & analytics Wednesday, 04.05.2016, 16:34

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Lattelecom Group posts EUR 32.15 mln in 2015 profit

Lattelecom Group posts EUR 32.15 mln in 2015 profit

02.05.2016

Latvia's Lattelecom electronic services group closed 2015 with EUR 187.071 million in annual turnover, which declined 0.5% from a year before, while the group's profit rose 6.9% to EUR 32.15 million, reports LETA, according to the company's financial report available in Lursoft business database.

Keyword tags: Latvia, Markets and Companies, Technology, Telecomunications



39% Estonian residents use mobile internet in computer

39% Estonian residents use mobile internet in computer

02.05.2016

39% Estonian residents 39use mobile internet in their computer, which is one-tenth more than at the same time last year and in 2014, a survey by Turu-uuringute AS indicates, reports LETA/BNS.

Latvian broadcasting watchdog wants to punish Rossiya RTR TV channel

Latvian broadcasting watchdog wants to punish Rossiya RTR TV channel

26.04.2016

The Latvian National Electronic Mass Media Council by deciding to impose a six-month ban on Russian television channel Rossiya RTR in Latvia's territory does not want to achieve that the TV channel is not watched in Latvia, but that the TV channel is punished for its violations, said the broadcasting watchdog’s chairman Aija Dulevska, informs LETA.


Withdrawal of Latvian public broadcasters from advertising market would cost EUR 9 mln

Withdrawal of Latvian public broadcasters from advertising market would cost EUR 9 mln

25.04.2016

Withdrawal of the Latvian public media from the advertising market might cost about EUR 8.6 million from the state budget, therefore it is not yet clear when it might take place, according to a press conference held at Saeima on Monday, according to a press conference held at Saeima on April 25th, cites LETA.

LMT and Lattelecom post higher turnover, EBITDA than by neighbors

LMT and Lattelecom post higher turnover, EBITDA than by neighbors

22.04.2016

The combined earnings before interest, taxes, depreciation, and amortization (EBITDA) of Latvian telecommunications operators Latvijas Mobilais Telefons (LMT) and s was EUR 31.8 million in the first quarter of 2016, which is more than the consolidated telecommunications companies in Estonia and Lithuania, Telia Eesti and Teo LT/Omnitel, posted in EBIDTA in January-March, reports LETA.

21.04.2016

Tele2 Estonia keen to handle EUR 100 mln worth mobile payments in 2020

The Estonian operation of Tele2 is planning to start offering mobile payment services and to handle mobile payments worth 100 million euros in 2020, informs LETA/BNS.

21.04.2016

Estonian Starman keen to produce TV series with TV stations

Commenting on a report that digital television provider Telia is about to start producing TV series of its own, rival telecommunications provider Starman in Estonia said it has no plan to start producing content but is interested in working closely on it with some existing television station, informs LETA/BNS.

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