TEO LT, AB

Baltic Data Center, UAB - leader in data center and outsourced IT services in Baltic States, belongs to TEO LT, AB Group. 

About TEO  

TEO LT, AB Group (www.teo.lt/en) is the largest integrated telecommunication, IT and television services provider in Lithuania.   TEO Group is a part of TeliaSonera Group (www.teliasonera.com), the Nordic and Baltic telecommunications leader.  

Ownership  

Having started its operations as a state enterprise in 1992 under the name Lietuvos Telekomas, the Company in 1998 was privatized by then consortium of Swedish Telia AB and Finnish Sonera Oy,  Amber Teleholding A/S. The consortium acquired 64,9 per cent of the Company's shares.  In 2006, the Company's name was changed from AB Lietuvos Telekomas to TEO LT, AB.  

Services  

Within a few years after its privatisation, the Company managed to evolve from an old monopoly state enterprise to one of the most modern telecommunications companies in Eastern and Central Europe focusing on the customer and firmly leading on different telecommunications service markets of Lithuania.   Today the Company holds leader positions on Internet, data communication and fixed-line telephony markets. Current capabilities of the Company allow to offer customers state-of-the-art technologies that are not in any way worse than those offered by the world's most advanced telecommunications market players.   From 2006 TEO provides digital interactive television, based on IP technology (IPTV), and from 2008 digital terrestrial television services.   Vision of TEO is to be the best partner in communicating with the constantly changing world. By employing the most modern technologies the Company enables its customers to reach people, knowledge and entertainment.  

Extent  

TEO Group has more than 3000 employees, operates 772  thousand fixed telephone lines, has over 300 thousand broadband and over 100 thousand IP TV subscribers. The group consists of companies, majority of which are either an extension or complement the core business of the parent company, TEO LT, AB.

Back