• Subscribe to our Daily News Emails
  • Advertise
    • Media Info
    • Terms & Conditions for Advertisers
    • Mechanical Data

Broadband TV News

Independent. Since 2003

  • Home
  • News Line
    • Central & East Europe
    • People
  • TV
    • On Demand/VOD
    • IPTV
    • Cable
    • Satellite
    • Terrestrial
    • Distribution
  • Business
  • Tech
  • Events
    • Events Diary
    • BTN Events
    • Events Coverage
    • Submit the details of your event
  • Features
  • Resources
    • White Papers

Mixed fortunes for Lithuanian TEO

October 22, 2010 09.13 Europe/London By Chris Dziadul

The Lithuanian incumbent telco TEO LT ended the third quarter with 121,600 subscribers to its GALA-branded IPTV and DTT services, or almost 33% more than a year earlier.

At the same time, its broadband subscriber total rose by 9% year-on-year to 334,800 and the company also had 696,400 fixed telephone lines.

TEO LT invested LTL91 million (€26.3 million) in the first nine months of this year, with the majority (LTL81 million) being allocated to the expansion of the core network and fibre-optic access networks. Its total investment for this year is expected to be LTL178 million.

TEO LT’s financial results for the first nine months of this year were nevertheless disappointing when compared to the corresponding period in 2009.

Consolidated revenue amounted to LTL580.9 million (LTL617.6 million) and net profit LTL125 million (LTL134.2 million). EBITDA meanwhile stood at LTL239.6 million (LTL279.3 million) and the EBITDA margin was -41.3% (-45.2%).

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on WhatsApp (Opens in new window) WhatsApp

Related

Filed Under: Central & East Europe, Newsline Tagged With: TEO LT Edited: 22 October 2010 09:13

Avatar photo

About Chris Dziadul

Latest News

  • US streaming eclipses combined broadcast and cable for first time
  • Tele2 Latvia warns fraudsters are using smart TVs to obtain personal data
  • Prime Video to screen Premier League in the Netherlands
  • Viaplay Group launches dedicated sports channel
  • Landmark distribution deal puts TF1 channels on Netflix in France

Most Popular

  • Landmark distribution deal puts TF1 channels on Netflix in France
    Landmark distribution deal puts TF1 channels on Netflix in France
  • Viaplay Group launches dedicated sports channel
    Viaplay Group launches dedicated sports channel
  • Prime Video to screen Premier League in the Netherlands
    Prime Video to screen Premier League in the Netherlands
  • Sky, Channel 4 and ITV to launch premium video advertising marketplace
    Sky, Channel 4 and ITV to launch premium video advertising marketplace
  • US streaming eclipses combined broadcast and cable for first time
    US streaming eclipses combined broadcast and cable for first time
  • Tennis Channel expands with new streaming partners and sports rights
    Tennis Channel expands with new streaming partners and sports rights
  • Tele2 Latvia warns fraudsters are using smart TVs to obtain personal data
    Tele2 Latvia warns fraudsters are using smart TVs to obtain personal data

White Paper

White Paper: Why Wi-Fi 7 is critical for ISPs in the gigabit+ era

Today, consumers are increasingly using bandwidth-intensive and latency-sensitive workloads, such as 4K and 8K streaming, online gaming, and AR/VR applications. As a result, Internet Service Providers must update their networks and by extension Wi-Fi experiences and performance. … [Download the White Paper ...]

Broadband TV News

  • Subscribe
  • About us
  • Contacts
  • Logos & Pictures
  • Privacy Policy
  • Terms and Conditions

Advertising

  • Media Info
  • Terms & Conditions
  • Mechanical Data
  • Video Services

News

  • Latest
  • Central & East Europe
  • TV
  • Tech
  • Streaming
  • Cable
  • Satellite
  • Terrestrial
  • IPTV
  • Business
  • People

Events

  • Events Diary
  • BTN Events
  • Submit the details of your event
  • Media Meet & Greet

Editorial

PO Box 499
Cambridge
United Kingdom
CB1 0AH
news@broadbandtvnews.com

Commercial

Arundel View Cottage
Wepham
West Sussex
BN18 9RA
sales@broadbandtvnews.com

Connect with Us

 

Copyright © 2025 Broadband TV News LLP · Log in

 

Loading Comments...
 

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OK