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Tuesday, 29.07.2014, 01:30
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.
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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 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.
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.
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.
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.
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.