Teo LT
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| Type | Akcinė bendrovė (Publicly-traded) |
|---|---|
| Traded as | NASDAQ OMX: TEO1L |
| Industry | Media, Telecommunications |
| Founded | 1992 |
| Headquarters | Vilnius, Lithuania |
| Area served | Lithuania |
| Key people | Arūnas Šikšta (CEO) |
| Products | Fixed-line communications, Digital terrestrial television, Internet services |
| Revenue | LTL 773 million (2010)[1] |
| Website | www.teo.lt |
Teo LT (until 2006 called Lietuvos Telekomas) is a telecommunications company in Lithuania, owned in part by the TeliaSonera group. Teo LT is the largest landline phone operator in Lithuania (monopolist until 2003). They also sell access to Internet and television.
In December 2006 Teo LT announced, it has signed a letter of intent with the shareholders of UAB Mikrovisatos TV - a leading internet and cable TV-provider in Lithuania. The deal With Mikrovisatos TV ceased at the end of February.
Teo LT and its subsidiary Lintel are the main sponsors of women's basketball clubs from Vilnius: BC Teo and BC Lintel-118. They also provided the funding required to send the Lithuanian representatives to Eurovision Song Contest 2010.[2]
[edit] References
- ^ http://www.teo.lt/en/node/1454
- ^ Hondal, Victor (2010-01-06). "First details on the 2010 Lithuanian national selection". ESCToday. http://www.esctoday.com/news/read/14767. Retrieved 2010-01-06.
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