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 […]

Teo makes OTT service available to all

Lithuanian telco Teo has made its OTT service,, available to users who haven’t signed up for its existing pay TV service for the first time. The move means that Lithuanian internet subscribers will be able to sign up for the service irrespective of who their service provider is. has been tried by about […]

Teo sees IPTV growth but DTT numbers slide

Lithuanian service provider Teo’s base of IPTV subscribers grew by 12.2% last year to 172,300, according to the company. Teo’s multiscreen online TV service,, saw subscriber helped boost its IPTV performance, the company said. Digital-terrestrial TV homes served by the company fell by 11.4% however, to 66,080. The overall number of pay TV subscribers […]