Latvia

Tet becomes the only company in Latvia with two Tier III-certified data centres

August 31, 2026

Technology and innovation company Tet’s new DC7 data centre in Salaspils has received the international Uptime Institute Tier III Facility certification, confirming that the completed data centre infrastructure meets the [..]

Latvia

Delfi acquires a Tet subsidiary – one of the largest training centres in the Baltics

April 2, 2026

Latvia’s leading digital media company Delfi has signed an agreement to acquire Baltijas Datoru Akadēmija (BDA), a training centre and subsidiary of Tet. BDA is one of the largest professional [..]

Latvia

US-based J.P. Morgan chosen as legal adviser for buyout of LMT and Tet

February 2, 2026

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 [..]

Latvia

Tet aims to increase its value to €1 billion by 2030

August 21, 2025

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 [..]

Latvia

Buyout price for LMT, Tet, estimated at EUR 550-600 million

March 25, 2025

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 [..]

Latvia

MikroTik might invest in Tet, LMT

December 4, 2024

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 [..]

Latvia

TET discusses purchase of shares in LMT

November 1, 2024

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 [..]

Latvia

In next six months, clearer vision on future of Tet and LMT is necessary – Valainis

January 5, 2024

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 [..]