July 30, 2014 8:35 PM ET

Wireless Telecommunication Services

Company Overview of Latvijas Mobilais Telefons SIA

Company Overview

Latvijas Mobilais Telefons SIA operates mobile communications networks in Latvia. It offers voice transmission, data transmission, wireless Internet access, WAP services, mobile banking, GPRS services, international roaming services, M2M solutions, callback services, and handsets for corporate customers. It sells its products through dealers. The company was founded in 1992 and is based in Riga, Latvia. As of April 14, 2008, Latvijas Mobilais Telefons SIA operates as a subsidiary of TeliaSonera Aktiebolag (publ).

Ropazu iela 6

Riga,  1039

Latvia

Founded in 1992

Phone:

371 2934 0000

Fax:

371 6777 3707

Key Executives for Latvijas Mobilais Telefons SIA

Latvijas Mobilais Telefons SIA does not have any Key Executives recorded.

Latvijas Mobilais Telefons SIA Key Developments

Latvijas Mobilais Telefons Reports Earnings Results for the Second Quarter of 2014

Latvijas Mobilais Telefons reported earnings results for the second quarter of 2014. The company in the second quarter of 2014 reached EUR 42.4 million, up 4.4% from the same period last year. The company's EBITDA in the said period rose by 13.6% to EUR 13.5 million.

Latvijas Mobilais Telefons Reports Earnings Results for the First Quarter of 2014

Latvijas Mobilais Telefons reported earnings results for the first quarter of 2014. For the quarter, the company reported operator's turnover came to EUR 41 million against EUR 44.8 million for the same period a year ago.

Latvijas Mobilais Telefons SIA Reports Audited Earnings Results for the Full Year Ended December 31, 2013

Latvijas Mobilais Telefons SIA reported audited earnings results for the full year ended December 31, 2013. For the year, the company reported net sales were SEK 1,333 million against SEK 1,475 million a year ago. Net income was SEK 201 million against SEK 328 million a year ago. Net income allocated to NCI was SEK 80 million against SEK 130 million a year ago. Cash flow from operating activities was SEK 316 million against SEK 393 million a year ago.

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