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3D movies debut in Latvia

June 20, 2012 08.34 Europe/London By Chris Dziadul

The Latvian incumbent telco Lattelecom has begun to offer 3D movies on an on demand basis.

In a statement, the company says that subscribers to its Lattelecom TV service are being offered movies in the format for LVL2.1 (€3) a day.

Although initially broadcast in their original language, they will in the future be shown with Latvian and Russian soundtracks.

Lattelecom adds that the company’s turnover fell by 2.4% to LVL137.6 million last year, while its earnings rose by 7.8% to LVL21 million.

Its investment in 2011 amounted to LVL21.6 million, which was less than the LVL31 million in the previous year as the company had by then almost completed its fibre optic network plan.

Lattelecom expects to see growth in both its turnover and profit this year.

It will also continue to make significant investments in its fibre optic network and TV services, the latter of which are already received by over 230,000 (pay) viewers and an unspecified number watching FTA programming.

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Filed Under: 3D, Central & East Europe, Newsline, TV Tagged With: Lattelecom Edited: 20 June 2012 08:34

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About Chris Dziadul

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