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Thursday, 18.04.2024, 19:44
Bite Latvia's revenue grows, while in Lithuania goes down in 2014
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The company's EBITDA amounted to EUR 46 million for the year that ended on 31 December, 2014 – the same as in 2013, Bite said. Bite Latvia's EBITDA increased to EUR 13 million in 2014, compared to EUR 10 million in 2013. Bite Latvia's revenue and other income increased to EUR 61 million last year, compared to EUR 60 million in 2013.
Revenue and other income for Bite Lithuania in 2014 decreased to EUR 118 million compared to EUR 124 million in 2013. Bite Lithuania's EBITDA of EUR 33 million on, 2014 compared to EUR 37million in 2013.
Bite Group is one of the biggest international telecommunications groups in the Baltic States.
The group, which was set up in 2005, consists of Bite Lietuva operating in Lithuania since 1995 and Bite Latvija (Latvia) established in 2005.
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