International Internet Magazine. Baltic States news & analytics
Thursday, 24.04.2014, 21:43
According to the analysis of market research company GfK Retail and Technology, Estonians bought 29,200 new mobile phones in March 2014, 9,100 of them being ordinary and 20,100 smartphones, LETA/Postimees Online reports.
Keyword tags: Estonia, Retail, Technology, Telecomunications
On April 22, 2014, the Board of the Lithuania-based telecommunications company TEO LT approved unaudited TEO LT consolidated interim financial statements, according to which the total revenue of TEO Group in January-March of 2014 was 169 million litas, a decrease by 7.2% over the total revenue of 183 million litas earned in the first three months of 2013, TEO Group said in a statement, cites LETA.
The operating profit of Estonia's largest mobile phone operator EMT fell while fixed-line phone, Internet and TV provider Elion's grew in the first quarter, the results of their parent concern TeliaSonera show, LETA/Postimees Online reports.
In comparison with 2012, Information and Communications Technology (ICT) services export from Latvia grew by one-fifth in 2013, Signe Balina, president of Latvian Information and Communications Technology Association, informed LETA.
Observing provisions of the Law on Electronic Communications, the Communications Regulatory Authority of the Republic of Lithuania (RRT) collected data of electronic communications operators on their activities of the 4th quarter of 2013. Compared to the 3rd quarter of 2013, investments into electronic communications infrastructure grew by 46.1% in the 4th quarter of 2013 and amounted to LTL 120.39 million (EUR 34.9 million). Compared to 2012, the investments increased by 16.1% in 2013, the Communications Regulatory Authority said in a statement.
Telecommunications company Telia Latvija is experiencing serious technical problems today, LETA observed.
Notwithstanding a 17% fall in gross profit, mobile communications company Tele2 net profit increased 21% last year from 2012, reports LETA/Nozare.lv, referring to Firmas.lv data.