Fundz
New|Fundz now works inside Claude2 min

Timing. Relevance. Relationships.

Fundz is the only platform that reads more than a dozen real‑time signals all day, every day, so you know about new funding, new executives and new contracts within minutes of them happening, not days or weeks later like the databases you’re used to. It then combines the signals on each company, scores every company against what you offer, and weaves in your own network, so you discover new accounts first and work existing ones better.

Each morning you get the ones worth your time right now: who to reach, why now, and who you already know there. Now it answers in Claude too: ask for today’s leads, then write the note in the same window.

Trusted by

OracleSnowflakeCloudflareLinkedInGoogleSalesforce
4.8/5 on G2· Since 2015

Tet to acquire LMT in strategic merger

PRIVATEOct 12, 2026

Acquiring Company

Tet

Acquired Company

Latvijas Mobilais Telefons (LMT)

RigaRigaInformation TechnologyHardwareVoipHardwareMobileSatellite CommunicationVoip

Description

Tet is preparing to acquire Latvijas Mobilais Telefons (LMT) as part of a strategic merger. While financial preparations have been made, a purchase agreement has yet to be signed. The prime minister has indicated a preference for merging LMT into Tet to facilitate future investments. Due diligence processes are reportedly complete as the transaction's future remains uncertain.

Company Information

Company

Tet

Location

Riga, Vidzeme, Latvia

About

Tet is a leading telecommunications and IT services provider in Latvia. The company offers a range of services including internet, television, and data solutions. Tet is committed to enhancing connectivity and delivering innovative solutions to its customers.

Fundz sees it the moment Tet makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for Tet's next move

Learn about Strategic plan

Frequently asked

Who acquired Latvijas Mobilais Telefons (LMT)?

Latvijas Mobilais Telefons (LMT) was acquired by Tet, based in Riga. The deal was reported on October 12, 2026. Tet is a leading telecommunications and IT services provider in Latvia. The company offers a range of services including internet, television, and data solutions. Tet is privately held and operates in Information Technology.

When did Tet acquire Latvijas Mobilais Telefons (LMT)?

Tet's acquisition of Latvijas Mobilais Telefons (LMT) was reported on October 12, 2026. Tet is preparing to acquire Latvijas Mobilais Telefons (LMT) as part of a strategic merger. While financial preparations have been made, a purchase agreement has yet to be signed. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Latvijas Mobilais Telefons (LMT) do?

LMT is one of the largest telecommunications companies in Latvia, providing mobile, fixed-line, and internet services. Established in 1992, LMT has played a crucial role in the development of mobile communications in the country. It is privately held, operating in Hardware, and is based in Riga.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.