International Internet Magazine. Baltic States news & analytics
Monday, 27.06.2016, 19:38
Lithuania's electronic communications market revenues grew by 5% in the first quarter to 160.322 million euros, from 152.645 million euros in the same period last year, final data from the Communications Regulatory Authority (RRT) showed on June 22nd, cites LETA/BNS.
Keyword tags: Good for Business, Internet, Lithuania, Technology, Telecomunications
One of the world’s leading producers of healthcare products, lighting solutions and household electronics Philips has launched exclusive cooperation with the Latvian startup project Overly, the company's representatives informed LETA.
On 13 June, draft amendments to the Electronic Communications Law prepared by Latvian Ministry of Foreign Affairs came into force prescribing that mobile network operators are obliged to send out text messages, drawn up by the Foreign Ministry, on how to act in crisis situations, and granting them the rights to process location data without consent of a user or subscriber, reported BC the Latvian MFA.
Latvijas Mobilais Telefons (Latvian Mobile Telephone) mobile operator in 2015 earned EUR 17.201 million, which is by 12% less than a year ago when the company earned EUR 19.579 million, reports LETA, according to Firmas.lv business database.
Irish company IMLO Lat–Ireland Ltd. has won a tender held by the National Electronic Mass Media Council (NEPLP) and the Latvian Foreign Ministry for making TV programs about the Latvian diaspora, informs LETA.
Latvian information and communications technology (ICT) export increased by 24% in 2015 as compared to 2014, amounting to EUR 361.32 million, informs LETA, according to the Bank of Latvia's data.
In April 2016, 31,000 new mobile telephones, more than in any other month so far this year, were bought in Estonia, of which 19% were bought through internet sales channels, a survey by GfK Retail and Technology indicates, cites LETA/BNS.