Delfi TV


Lithuania’s Teo to acquire mobile sister company Omnitel

Nordic telco TeliaSonera is combining its two Lithuanian services, fixed-line operator Teo and mobile player Omnitel, in a single company that TeliaSonera says will strengthen its core business in the Nordic and Baltic markets. Teo will acquire Omnitel for €220 million on a cash and debt-free basis, with the united company expected to generate annual […]