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3G
Status In Latvia
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26th August 2002
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Latvijas Mobilais Telefons is one of Latvia's two mobile phone operators. It is the market leader with a market share of nearly 60%. At the end of 2001, the company had 348,000 customers. In 2001, the company's revenues amounted to EUR 188 million. The Latvian Mobile Telephone SIA submitted to the Ministry of Transport of the Republic of Latvia documents required for acquisition of UMTS mobile telecommunications license. LMT President Juris Binde: "With this step LMT confirms once more its leading status in the market and introduction of new technologies. LMT was the first in Latvia, which introduced WAP technology, and as the only operator offers the modern HSCSD and GPRS data transmission services, so the next logical step is offering of the third generation mobile communications services. The shareholders and management of the company consider the offered license provisions as sufficiently reasonable for successful further development. Telecommunications and information technologies are in constant progress, and the third generation mobile communications technologies will definitely develop as well. The time set forth in the license for introduction of third generation mobile services in Latvia is sufficiently long, so the LMT will have an opportunity to base on experience of the other operators and offer to its customers services already tested in the other countries, as well as modern phones for wide usage of new technological possibilities. With submission of application the company has made the first step in order to provide the LMT customers with all the large selection of services of the next generation." |
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