Wed, 10 Nov 2010: TeliaSonera ready to reopen talks…

The assessment can be done in many ways, but eventually both sides must come to agreement on price, he said. Dahlstrom visited Riga to participate in a seminar in the Stockholm School of Economi...

Wed, 16 Apr 2008: Telecom share swap approved…

It remains unclear whether an investor would be interested in a 49 percent stake, or what guarantees and rights the investor would demand before agreeing to a deal. The Economy Ministry wanted t...

Wed, 19 Mar 2008: Minister proposes stake swap for telecom companies…

The government fears that competition will suffer if one investor owns both companies. TeliaSonera wants to control both LMT and Lattelecom and has offered 500 million lats (714 million euros) to...

Wed, 20 Jun 2007: Lattelecom managers given three months to prepare 410 million euro priva…

"The proposed privatization model is not very favorable for us because our goal was to purchase 100 percent of shares in LMT and Lattelecom," Niklas Henriksson, a spokesman for TeliaSonera, told ...

Wed, 2 May 2007: Lattelecom employees offer to buy out company…

Both companies are for an ownership swap, but the state has been unable to come up with a satisfactory solution. TeliaSonera, the Scandinavian telecommunication firm, is keen to acquire total ow...

Wed, 20 Dec 2006: State likely to opt for 670 million euro share swap…

The other two 's sticking to the status quo and privatizing the lot in favor of TeliaSonera 's are unlikely to be supported by a majority of ministers. For years consecutive governments have bee...

Wed, 14 Dec 2005: Karlberg bullish on outlook for Lattelekom, LMT…

Also, the value of telecom assets in the Nordic and Baltic countries are quite high, Karlberg added, so it is sellers' market. He added that TeliaSonera had time restrictions and that it would not...

Wed, 21 Sep 2005: Bite GSM asks for mediation…

"Such a tariff is unacceptable for LMT, because for the majority of the mobile telecommunications users this would mean excessively high tariffs for connections with clients of the new operator," ...

Wed, 24 Aug 2005: Several investor interested in states’ Lattelekom stake…

As Stokenbergs explained, it was not easy for the government to decide how best to sell its shares of Lattelekom and LMT, the ultra-profitable mobile operator. "The existing agreements with TeliaS...

Wed, 27 Jul 2005: State, TeliaSonera jockey for position around Lattelekom, LMT…

TeliaSonera has estimated total value of Lattelekom at 400 million euros and of LMT as 600 million euros. Asked about the monopoly ramifications, Karlberg said TeliaSonera would be ready to sell L...

Wed, 15 Jun 2005: Bite GSM wants to lease competitor networks during start-up phase…

CEO Jesper Teil Eriksen told journalists last week that Bite has invited Latvia's LMT and Tele2 to launch talks concerning the lease of their networks, and Eriksen said that the two companies shou...

Wed, 15 Jun 2005: LMT launches mobile TV service…

Director Guntars Traubergs told journalists that the Internet television service that LNT has been providing for more than five years has been used by at least 200,000 people throughout the countr...

Wed, 16 Feb 2005: LMT profits, turnover set record…

Binde added that a favorable economic situation, GDP growth and increased consumer purchasing power had also contributed to LMT's success. The company paid 25.9 million lats in taxes last year, ma...

Thu, 25 Sep 2003: State to intervene in tariff talks…

For example, Lattelekom has demanded 0.017 lat (0.028 euro) per minute from other operators for access to its network in the regions of Riga and Jurmala, whereas to other cities in Latvia it is de...

Thu, 15 May 2003: LMT eyes fixed-line market…

Several companies have lined up to enter the market, though Lattelekom has yet to open its infrastructure to competitors.LMT spokesman Davids Dane said the company was seeking a fixed-line service...

Thu, 29 Jul 1999: Three’s a crowd, mobile phone companies say…

"Potential new clients are not going to generate enough revenue for the third operator, so the current clients will be divided between the three operators."He predicted that such high competition ...
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