Lithuania’s CGates moves forward with consolidation strategy

Lithuanian cable operator CGates has acquired smaller operator Transteleservis, which operates TV and broadband services in the towns of Visaginas and Pabradé. The move expands CGates’ consumer base by about 7,000, taking its total to 270,000 across the country. Terms of the transaction were not disclosed. CGates’ chief executive, Petras Kirdeika, said that the integration […]