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