Lithuanian IPTV market grows
By Chris Dziadul
October 18, 2007 11.26 UK
The incumbent Lithuanian telco Teo LT ended Q3 with almost 14,000 IPTV subscribers, while the total number of homes that received its broadband Internet access service amounted to 232,200. Its revenues in the quarter stood at LTL204 million (€59.1 million), or 10.4% more than in the corresponding period last year, while in the first nine months they came to LTL148 million, up 6.4% on 2006.
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