TEO LT
| TEO LT | |
|---|---|
| legal form | Akcinė bendrovė |
| founding | 1992 |
| resolution | 2017 |
| Reason for dissolution | Merger with Omnitel |
| Seat |
Vilnius , Lithuania
|
| management | Kęstutis Šliužas ( CEO ) |
| Number of employees | 2,727 |
| sales | 720 million litas (approx. € 210 million) |
| Branch | Telephone network operator |
Teo LT (until 2006 Lietuvos telekomas ) was a telecommunications company in Lithuania , owned by the TeliaSonera Group (later: Telia Company ). Teo LT was the largest fixed line telephone operator in Lithuania to date.
In December 2006 Teo LT announced that it would sign a contract with the shareholders of UAB Mikrovisatos TV (one of the leading Internet and cable TV providers in Lithuania). At the end of February 2009 the contract was terminated.
Teo LT and its subsidiary Lintel were the main sponsors of the women's basketball club in Vilnius .
In 2017 the company merged with Omnitel to form Telia Lietuva . The company is now a wholly owned subsidiary of the Telia Company.
Web links
Individual evidence
- ↑ Historical Facts , www.teo.lt, accessed June 8, 2014.
- ↑ a b c 2013 annual financial statements (English), www.teo.lt, accessed on June 8, 2014.
- ↑ http://www.teliasonera.com/en/newsroom/press-releases/2015/10/teliasonera-executes-on-new-strategy-teo-and-omnitel-join-forces/