Latvian mobile operator Latvijas Mobilais Telefons (LMT) has expanded the coverage of its 4G Long Term Evolution (LTE) network to 50% of the country’s population, according to Telecompaper which did not cite its sources. It is understood that LMT’s 4G network currently comprises 393 LTE base transceiver stations (BTS) across Latvia. The cellco had a total of 1.079 million cellular subscribers as at 31 March 2014, while quarterly revenue reached EUR41 million (USD56.7 million) and EBITDA stood at EUR12 million, with a ‘stable’ EBITDA margin of 30%.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Have feedback, corrections, or story ideas? Send them to email@example.com.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors