Acquiring Company
Telia
Acquired Company
Latvijas Mobilais Telefons (LMT)
Solna
RigaHardwareSatellite CommunicationCall CenterHardwareMobileSatellite CommunicationVoipCall CenterDescription
Telia plans to acquire shares in SIA Latvijas Mobilais Telefons (LMT) and SIA Tet. The acquisition involves consultations with the Latvian government and an advisory team to facilitate the transaction. Completion is expected to occur by July 2026, with strategic investors also anticipated to join. The transaction will significantly change the ownership landscape in Latvian telecommunications.
Quick answer
Telia is acquiring Latvijas Mobilais Telefons (LMT), announced June 9, 2026. Telia is based in Solna, Stockholm County, Sweden.
- How much did Telia pay for Latvijas Mobilais Telefons (LMT)?
- The deal value was not disclosed.
- What does Telia do?
- Telia is a telecommunications operator and digital service provider serving the Nordic and Baltic countries.
- Where are Telia and Latvijas Mobilais Telefons (LMT) based?
- Telia is based in Solna, Stockholm County, Sweden. Latvijas Mobilais Telefons (LMT) is based in Riga, Vidzeme, Latvia.
- Who are the decision-makers at Telia?
- Fundz holds 3 contacts at Telia. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Telia, and when
When Telia changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Telia raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Telia, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Latvijas Mobilais Telefons (LMT)?
Latvijas Mobilais Telefons (LMT) was acquired by Telia, based in Solna. The deal was reported on June 9, 2026. Telia is a telecommunications operator and digital service provider serving the Nordic and Baltic countries. Telia is privately held and operates in Hardware.
When did Telia acquire Latvijas Mobilais Telefons (LMT)?
Telia's acquisition of Latvijas Mobilais Telefons (LMT) was reported on June 9, 2026. Telia plans to acquire shares in SIA Latvijas Mobilais Telefons (LMT) and SIA Tet. The acquisition involves consultations with the Latvian government and an advisory team to facilitate the transaction. 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.
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