“Omnitel” – the leader of the Lithuanian mobile communications market will invest USD 60 million in the expansion of the network and development new products.
Published:
1 March 2001 y., Thursday
Lithuania’s two biggest mobile telephone operators “Omnitel” and “Bite” will invest USD 70 million in 2001.Starting March “Omnitel” will provide services supported by the GPRS technology - internet, intranet,etc.
Omnitel now has 334,000 subscribers and expects this figure to reach 450,000 at the end of 2001.
UAB “Bite GSM” plans to invest USD 30 million in new services, development of new products and support of the network”, says Paulius Kibiša, Bite’s Sales and Marketing Director.
“Bite” is the second biggest mobile telephone operator with 170,000 users. Since 1995 “Bite” has invested USD 100 million in Lithuania. “Tele Denmark” owns 100% of the company’s shares.
Šaltinis:
lda.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
According to Spain's Minister of Industry, Tourism and Trade, Miguel Sebastián, currently chairing an Informal Energy Council today in Seville, the key to achieving a common EU energy market is to establish interconnections.
more »
Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), announced today that the Fund will provide US$100 million very rapidly in emergency financing to Haiti to assist it in dealing with the aftermath of the massive and devastating earthquake that has hit the country.
more »
Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), issued the following statement on Jamaica today.
more »
The Government of the Republic of Korea and the International Monetary Fund (IMF) announced today that they will jointly host a high-level international conference on Asia in Seoul, South Korea, during July 12-13, 2010.
more »
Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), will travel to Tokyo and Hong Kong SAR, January 18−20, 2010.
more »
After lots were drawn, ten winners of Danske Bankas scholarships and one winner of an iPod shuffle player were established.
more »
The Meeting is convened on the initiative and by the resolution of the Management Board of the Bank.
more »
Today, Thursday, on the second and last day of their informal meeting in La Granja (Segovia), the ministers responsible for European Affairs will study the challenge of how to boost reflation through sustainable growth that generates new employment.
more »
How well-equipped are European companies to meet the challenges of global competition and the recent recession? The 2009 European Company Survey provides some clues.
more »
The European Commission decided today not to raise any objections to Finland's plan to support infrastructure investments in Vaasa regional airport.
more »