The incumbent Lithuanian telco TEO LT ended 2007 with 258,600 broadband Internet customers, while its IPTV subscriber total tripled during the year to almost 17,500. The company’s consolidated revenues in 2007 amounted to LTL793 million (€229.7 million), or 8% more than in the previous year, while net profit was up to 24.7% to LTL163 million. TeliaSonera-backed TEO LT launched its IPTV service Gala TV in October 2006. It is also expected to launch a DTT operation in Q1 this year.
