Telecomunications

International Internet Magazine. Baltic States news & analytics Tuesday, 22.08.2017, 10:12

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Russian TV channels back on radar of Lithuanian media watchdog

Russian TV channels back on radar of Lithuanian media watchdog

21.08.2017

Russian-language TV channels broadcasted in Lithuania are back on the radar of the country's media watchdog over alleged violations, informs LETA/BNS.

Keyword tags: Baltic States – CIS, Legislation, Lithuania, Markets and Companies, Russia, Telecomunications



SAF Tehnika reports profit of EUR 1.733 mln for 2016-2017

SAF Tehnika reports profit of EUR 1.733 mln for 2016-2017

16.08.2017

Latvia's SAF Tehnika telecommunications equipment group generated EUR 17.048 million in turnover in its financial year from July 1, 2016, to June 30, 2017, which was a rise by 24.4% from the previous financial year, and its profit increased by 87.3% to EUR 1.733 million, writes LETA, according to the interim financial report submitted to the Nasdaq Riga stock exchange.

Telia Company backs merger of LMT and Lattelecom

Telia Company backs merger of LMT and Lattelecom

11.08.2017

Swedish-Finnish telecommunications company Telia Company would welcome the proposed merger of Latvia’s leading telecommunications companies Latvijas Mobilais Telefons (LMT) and Lattelecom, said Telia Company Senior Vice President Robert Andersson.


KPMG suggests transforming Lattelecom, LMT into Baltic telecommunications operator

KPMG suggests transforming Lattelecom, LMT into Baltic telecommunications operator

10.08.2017

Considering the current market position of Latvian telecommunications companies Lattelecom and Latvijas Mobilais Telefons (LMT), the market development trends and potential effects on the competition and prices for services, KPMG Baltics audit company recommend creating a leading, listed and integrated Baltic telecommunications operator with a balanced shareholder structure, taking into account the interests of Latvia's population, reports LETA.

PM: Latvia cannot afford to lose control over Lattelecom, LMT

PM: Latvia cannot afford to lose control over Lattelecom, LMT

10.08.2017

Latvia cannot afford to lose control over telecommunications companies Lattelecom and Latvijas Mobilais Telefons (LMT), Prime Minister Maris Kucinskis (Greens/Farmers) said on the LNT commercial television on Wednesday. He pointed out that at the moment the two companies were the leading players in their respective sectors and had a very good reputation, writes LETA.


08.08.2017

Telia Lietuva buying Duomenu Logistikos Centras

Lithuania's state-run energy holding Lietuvos Energija and electricity transmission system operator Litgrid are selling data communication and data center operator Duomenu Logistikos Centras (Data Logistics Center, or DLC) for an unspecified sum of money to telecommunications company Telia Lietuva, cites LETA/BNS.

02.08.2017

Bite Latvija posts higher turnover, profit in 2016

Mobile phone operator Bite Latvija posted EUR 78.917 million in turnover in 2016, 17.4% increase on 2015, while the company's profit rose 39.7%, amounting to EUR 7.345 million, reports LETA, according to Firmas.lv.

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