Telecoms news from Latvia
Bite Group Revenues Up by 6.1 Percent
Baltic mobile network operator, Bite Group's revenue for the third quarter of this year rose by 6.1 percent to reach EUR49 million. ...more.
Fitch Affirms Bite Latvia's Debt ratings, with Stable Outlook
Fitch said that Bite's ratings are supported by the continued cash flow generation improvements in its Latvian operations and the relatively stable underlying performance, excluding regulatory cuts, in its Lithuanian operations. ...more.
European Commission Blocks Latvian Regulator Plans on Mobile Termination Mandates
The European Commission has suspended the plans of the Latvian telecoms regulator which it said could make it difficult for Latvian consumers to contact people who use a different mobile network. ...more.
Latvia's LTM Refarming GSM Spectrum for 3G Services
Radio spectrum optimisation company, Mesaplexx,sayd that it has provided Latvia based mobile network, LMT with a spectrum optimisation platform for the roll out 3G services to its rural customers. ...more.
Phone Network Starts Handing Out Vitamin C Pills to Customers
Latvian mobile network operator, Bite is handing out free doses of Vitamin C to all customers who visit one of its stores before the middle of next month. ...more.
Huawei Wins Latvian Network Upgrade Contract
According to the contract, Huawei will deploy a nationwide mobile network for Bite, including core network and radio access network equipment as well as SingleRAN@Broad solution. ...more.
EU Says Latvian Telecoms Regulator Still Not Independent
The European Commission has sent Latvia a reasoned opinion, the second phase of an infringement proceeding, for not following EU rules that guarantee the independence of national telecoms regulators. ...more.
EU Warns Member States Over Independence of Telecoms Regulator
The European Union has started infringement proceedings against Latvia, Lithuania and Sweden for breaching its rules on the independence of their national telecoms regulators. ...more.
Bite Baltics - Churn reduced but no end to customer decline
Bité continued to shed customers in Q1 08, recording net losses in both Latvia and Lithuania. This was the sixth consecutive quarter in which it has seen a decline in its total customer base, although the loss was just 4.4k, the smallest yet. ...more.
TeliaSonera Offers to Buy Latvian Operators
TeliaSonera says that it has offered US$1.05 billion to buy the state owned stakes in Latvian fixed-line operator Lattelecom and mobile phone company LMT. ...more.
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