Telecomunications

International Internet Magazine. Baltic States news & analytics Thursday, 28.08.2014, 16:07

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Lattelecom turnover and profit increase in H1

Lattelecom turnover and profit increase in H1

18.07.2014

In the first six months of 2014, telecommunications group Lattelecom recorded a 3.3% increase in turnover that reached EUR 94.5 million, while the group's EBIDTA (earnings before interest, depreciation, taxes and amortization) grew 7.3%, Lattelecom spokeswoman Liga Bite informed the business portal Nozare.lv, cites LETA.

Keyword tags: Good for Business, Latvia, Markets and Companies, Technology, Telecomunications



Revenue of Lithuanian TEO decreased by 4.8% in H1

Revenue of Lithuanian TEO decreased by 4.8% in H1

18.07.2014

On 16 July 2014, the Board of TEO LT, AB approved unaudited TEO LT, AB Consolidated Interim Financial Statements, prepared according to International Financial Reporting Standards as adopted by the European Union, and Consolidated Interim Report for the six months period ended 30 June 2014, the company announced in a statement, cites LETA/ELTA.

Tele2 saw turnover and profit fall in Estonia in H1

Tele2 saw turnover and profit fall in Estonia in H1

17.07.2014

Tele2 Estonia turnover fell in the first half of the year 2014 fell by 6%, from SEK 336 million (EUR 36.36 million) to SEK 316 million (EUR 34.2 million), LETA/Postimees Online reports.


LMT turnover and profit increased in Q2

LMT turnover and profit increased in Q2

17.07.2014

In the second quarter of 2014, mobile phone operator Latvijas Mobilais telefons (LMT) recorded a 13.5% increase in EBIDTA (earnings before interest, depreciation, taxes and amortization), while the company's turnover grew 4.4%, LMT's spokeswoman Elina Lidere informed the business portal Nozare.lv, cites LETA.

EMT's turnover and profit grew by 1% in H1 in Estonia

EMT's turnover and profit grew by 1% in H1 in Estonia

17.07.2014

The turnover of Estonian fixed line communications company Elion and mobile communications company EMT, which their owner, the TeliaSonera group merged under land-based management in the second quarter, grew in the first half of the year 2014 by 1%, from SEK 1.26 billion (EUR 136.5 million) to 1.27 billion (EUR 137.6 million) as compared to the same time last year, LETA/Postimees Online reports.

16.07.2014

First 4G call in Estonia was made

While stores do not sell 4G phone call devices yet, using prototype phones, Estonia's first even phone call in the 4G network was made on Tuesday, as Managing Director of Tele2 Argo Virkebau called Tehnopol Startup Incubator manager Marek Mühlberg, LETA/Public Broadcasting reports.

15.07.2014

Estonia gets three new radio stations in autumn

The Estonian Technical Surveillance Authority issued radio service licenses for one international, 12 national and 16 local radio stations for the following five years, LETA/Public Broadcasting reports.

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