Teo


Teo sees digital interest rise as DSO nears

Lithuanian telco Teo has seen a surge in demand for its digital TV services in the run-up to analogue switch-off. The operator, which offers TV services under the Gala TV brand, said the number of people switching to digital TV services has increased by half compared to the end of September. Over the last two […]

Teo sees TV boost from approaching switchover

Lithuanian telco Teo has grown its TV subscriber base to almost 162,000 as the country’s digital switchover approaches, an increase of about 10% year-on-year. At the end of the third quarter, Teo had 380,800 broadband customers and 615,800 phone customers. Revenue for the first three quarters was LTL570.5 million (€165 million), up 3%. The company […]

Teo offers Samsung TVs to customers

Lithuanian telco Teo has started selling TV sets from Samsung to its pay TV customers for a monthly fee. The telco is offering three Samsung models for LTL29.90 (€8.50) per month under a three-year contract. All TV sets come with an integrated digital TV tuner meaning customers don’t need a set-top box. “Until now, Teo […]

Teo launches startover service

Lithuanian telco Teo has launched a startover TV service, Žiūrėti nuo pradžių, as part of its Gala TV offering. The service enables customers to start over, pause and rewind shows already airing. Teo has also enhanced its My TV Recordings service, Mano TV įrašai, by enabling viewers to record all programmes listed in their favourites […]

Teo grows TV base

TeliaSonera-owned Lithuanian telco Teo’s TV base grew by 9.7% over the past year to 156,400, while its broadband base grew by 5.3% to 377,000. TV services accounted for 7.2% of revenue, during the first half of this year, up from 6.1% for the comparable period last year, while 22.2% of revenue came from internet services. […]

Teo launches Viasat sports and movie packages

Lithuanian telco Teo has signed a deal with MTG’s pay TV operator Viasat to bring various sports and movie channels to its TV platform. Teo’s Gala IPTV service is adding the Viasat Sporta package, offering the Viasat Sport Baltic, Viasat Golf, Viasat Premier League and Viasat Motor channels. Four Viasat movie channels will also be […]

TeliaSonera acquires more shares in Teo

TeliaSonera has acquired more shares in Lithuanian telco Teo. TeliaSonera has completed its acquisition of a further 7.87% stake in Teo from East Capital for €0.637 a share and has acquired a further 6.55% on the open market for the same price, taking its stake in the company to 82.71%. The Swedish-Finnish telco said that […]

TeliaSonera moves on Teo

Nordic telco TeliaSonera has agreed to acquire a 7.87% stake in Lithuanian telco and digital TV provider Teo from East Capital for €38.9 million. TeliaSonera said it will also invite all other shareholders to participate in a voluntary takeover bid for the remaining outstanding shares. The telco will launch a public bid for the remaining […]

Teo offers triple-play bundles

Lithuanian telco Teo has begun offering a bundled triple-play service for the first time. Teo is offering three packages – Namai 1, 2 and 3 – with the Namai 3 product offering combination of it’s the high-speed Zebra internet service, Gala TV and the Neribotas unlimited fixed-line call plan. Namai 3 customers also get two […]

Growth for Teo’s TV business

Lithuanian telco Teo ended the first quarter of 2012 with 154,200 TV subscribers, an increase of 11.4% year-on-year. The company now has a 22.8% share of the country’s pay TV market and a 45% share of the digital TV market. Revenue from TV services reached LTL13.7 million (€4 million), up from LTL11 million for the […]