Latvia's mobile operator Bite to buy internet provider Baltcom

          Source: Xinhua| 2019-09-25 02:22:19|Editor: yan
          Video PlayerClose

          RIGA, Sept. 24 (Xinhua) -- Latvia's third-biggest mobile operator Bite is to purchase Baltcom, the second-biggest internet and digital television services provider in the Baltic country, Bite said on Tuesday.

          The sum of the deal is not being disclosed.

          The deal still needs to receive approval of the competition authority.

          "The tendency in the telecoms market is to choose integrated services," said Bite head Kaspars Buls.

          After the acquisition, Bite will provide not only mobile communications services but also internet and digital television to its customers, he noted.

          Bite, which is controlled by the American global investment firm Providence Equity Partners, will buy Baltcom from the Luxembourg-based RPAX One. Providence already owns LNT and TV3, the two biggest private television channels in Latvia.

          Bite last year generated sales of around 100 million euros and profit of around 15 million euros. Baltcom last year posted sales of 17 million euros and 1.9 million euros in loss.

          TOP STORIES
          EDITOR’S CHOICE
          MOST VIEWED
          EXPLORE XINHUANET
          010020070750000000000000011105521384192821
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  中国少妇zozo变态 | 伊人久久大香线焦亚洲日本 | 日本精品自产拍在线观看中文 | 亚洲国产国语自产精品 | 亚洲香蕉久久综合网 | 亚洲网站在线观看人成 |