Latvia


Telia hopeful of fixed-mobile convergence merger in Latvia

Telia has welcomed a proposal to merge Latvian fixed-line telco Lattelecom and the leading Latvian mobile operator LMT from consultants KPMG, who were hired by the Latvian government to study strategic alternatives for the pair. Swedish-Finnish telco Telia holds separate 49% stakes in both operators. Lattelecom itself holds a 23% stake in LMT. The Latvian […]

Telia boosted by solid TV numbers

Nordic telco Telia’s second quarter performance was boosted by a solid growth in TV numbers, although its financial performance in its domestic Swedish market fell short of expectations. Telia has been struggling to recover from a series of scandals that hit it last year over alleged bribery of government officials in Uzbekistan. Telia overall reported […]

Baltcom marks progress on TV and broadband

Latvian cable operator Baltcom said it TV base increased by 50% last year, and by a further 10% in the first quarter of 2017, while internet data carried over its broadband network increased by 20%. In an update on its 2016 performance, Baltcom said that it had invested around €7 million in modernizing its network […]

Lattelecom secures World Ice Hockey rights

Latvian telco Lattelecom and national broadcaster Latvijas Televīzija have jointly secured the rights to broadcast the World Ice Hockey Championship for the next six years. The competition is the country’s most popular sporting event. Lattelecom will for the first time provide a dedicated hockey channel, offering 24/7 coverage in HD. The telco and Latvijas Televīzija […]

Modern Times Group sells Baltic ops as it turns towards digital

Modern Times Group (MTG) is selling its operations in the Baltic states to Providence Equity Partners in a deal that values the free, pay TV and radio businesses at €115 million, or 12 times 2016 earnings before interest and tax. MTG said the sale was part of its plan to transform itself from “a traditional […]

Latvian internet users turning away from TV

Over a third of Latvian internet subscribers do not take a TV service, rising to an absolute majority among those under 30, according to a survey carried out by cable operator Baltcom. The Baltcom survey found that 60% of internet subscribers across the country took both TV and broadband, while 15% also took a fixed […]

MTG launches streaming service in the Baltics

The Modern Times Group is launching its Viaplay streaming service in the Baltics, taking on SVOD giant Netflix, which rolled out in the region earlier this year. The SVOD service will roll out in Estonia, Latvia and Lithuania as an OTT offering, and on mobile via a partnership with regional telco Tele2.  The service offers […]

Lattelecom launches OTT Shortcut platform

Telia-owned Latvian telco Lattelecom has launched a new OTT multiscreen entertainment platform, Shortcut.lv, which it says will offer a mix of series, movies and TV channel content as well live coverage of events. Shortcut users will be able to watch about 50 TV channels live along with Shortcut Films and Premiere, offering on-demand content. International […]

Lattelecom adds TNT to offering

Telia-owned Latvia telco Lattelecom is to add Russian general entertainment channel TNT to its programming offer. Lattelecom will add TNT to its IPTV platform on July 1 as part of the Nashe Kino offering. The service will also be aired on the digital-terrestrial TV service operated by Lattelecom from July 11, taking the place of […]

Baltcom ‘puzzled’ by ruling on speed test

Latvian cable operator Baltcom has said it is “puzzled” by a decision by the country’s competition watchdog PTAC to prevent it using a recent recognition by internet speed analysis service Speedtest.net that it provides the fastest internet service in the country. Testing technology developed by internet metrics specialist Ookla, the company behind Speedtest.net, found that […]