• 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 year for TEO

February 3, 2011 08.28 Europe/London By Chris Dziadul

The Lithuanian incumbent telco TEO LT ended 2010 with 131,200 subscribers to its IPTV and DTT services, which operate under the brand name GALA. This marked a 28.2% increase on the total a year earlier.

The number of TEO LT’s fibre optic internet access users meanwhile rose by 1.7 times to almost 104,000 in 2010, equivalent to nearly 30% of the company’s total broadband access users (346,000).

TEO LT’s consolidated revenues in 2010 amounted to LTL773 million (€223.7 million), down from LTL816 million a year earlier.

Its net profit was also down – from LTL169 million to LTL163 million – as was EBITDA, from LTL338 million to LTL310 million.

The company’s capital investments in 2010 stood at LTL191 million, with the majority (LTL158 million) allocated to the expansion of the core network and development of the next generation fibre-optic access network.

  • 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: 12 March 2011 16:03

Avatar photo

About Chris Dziadul

Latest News

  • Mediacom takes Harmonic Unified DOCSIS 4.0 platform
  • UK to invest £380 million in creative sector
  • Crnogorski Telekom Smart TV application now available for Samsung and LG TVs
  • Warner Bros. Discovery secures exclusive European for legends team cup
  • Here is the news … read by an influencer

Most Popular

  • Altice France files for bankruptcy protection
    Altice France files for bankruptcy protection
  • Viaplay Group launches dedicated sports channel
    Viaplay Group launches dedicated sports channel
  • Eutelsat planning capital increase to become European Starlink
    Eutelsat planning capital increase to become European Starlink
  • Ampere: Netflix to gain 8.2m new subs after Canal+ deal
    Ampere: Netflix to gain 8.2m new subs after Canal+ deal
  • Prime Video to screen Premier League in the Netherlands
    Prime Video to screen Premier League in the Netherlands
  • United Group announces leadership changes 
    United Group announces leadership changes 
  • Warner Bros. Discovery secures exclusive European for legends team cup
    Warner Bros. Discovery secures exclusive European for legends team cup

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

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