The Estonian digital services provider Levira had consolidated revenues of nearly €10.9 million in 2017, while its EBITDA increased by 20 per cent to €3.6 million.
The Estonian digital services provider Levira will target international TV broadcasters who need to acquire operating licences for the EU market once Brexit will take effect and UK-based licences will become void.
Levira has appointed Melika Kiilmaa as its head and Taavi Tapner its finance director, effective January 15 and February 1 respectively.
Estonia is hoping to capitalise on Brexit and how it will affect TV broadcasting licences issued by the UK regulator Ofcom.
Two of Estonia’s leading media companies have given their reaction to the news that the two main commercial TV stations – Channel 2 and TV3 – will no longer be available as FTA DTT services from August 1.
The Tallinn-based digital services company Levira has posted consolidated sales of €10.6 million and a net profit of nearly €437,000 for 2016.
The Tallinn-based telecom and IT infrastructure provider Levira is to start offering Internet of Things (IoT) services with its partners.
Meelis Anton has been appointed the new head of Levira’s Network Services division, effective February 1.
The number of HbbTV connected devices in Estonia has increased by at least 40% this year.
Tallinn-based TV playout and managed services provider Levira and the Nordic media specialist company June have entered into a long-term partnership to launch the first end-to-end service that manages the entire lifecycle of VOD and OTT content.