US-based J.P. Morgan chosen as legal adviser for buyout of LMT and Tet
A team of advisers led by US-based J.P. Morgan has been chosen to provide legal advice for the transaction in which Latvia will buy out shares in Latvijas Mobilais Telefons [..]
Tet aims to increase its value to €1 billion by 2030
Latvian high-tech company Tet expects to increase its value to more than €1 billion by 2030, Tet CEO Uldis Tatarčuks said at the Tet Vision event on Thursday. Tatarčuks explained [..]
Buyout price for LMT, Tet, estimated at EUR 550-600 million
The cost of shares which the Swedish Telia company owns in the Latvian telecoms companies Tet and Latvijas Mobilais Telefons (LMT) might be around EUR 550-600 million, LETA has learned [..]
There are signals to suggest that John Tully, a co-owner and board chairman of the MikroTik computer network equipment manufacturer, might be interested in investing in the Latvian telecommunications companies [..]
The telecommunications company TET has said that it is prepared to acquire all shares in Latvijas Mobilais Telefons (LMT) so as to take over full ownership of the company. TET [..]
In next six months, clearer vision on future of Tet and LMT is necessary – Valainis
A clearer vision on the future of the companies Tet and Latvijas Mobilais Telefons (LMT) should be obtained in the next six months, Economic Minister Viktors Valainis (Greens/Farmers) said in [..]
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