“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
The European Commission has adopted additional legislative proposals today to further strengthen financial supervision in Europe.
more »
The EU has announced plans to regulate the market for derivatives – complex financial products that helped trigger the financial crisis.
more »
New proposals to help EU farmers through the milk price crisis were backed by Parliament on Thursday.
more »
The European Commission and the European Investment Bank (EIB) Group are organising a conference in Brussels on 22 and 23 October to further promote two initiatives designed to increase the use of financial engineering instruments in the framework of cohesion policy.
more »
The biggest thermal insulation production manufacturer in Finland “Finnfoam” has started the construction of a thermal insulation production plant in Kaunas FEZ.
more »
The European Investment Bank (EIB) is providing two loans in Hungary.
more »
Key Western Balkan projects to benefit from new funding EU, IFI financing to focus on infrastructure, SMEs and energy efficiency.
more »
Lithuania, Belarus and China will cooperate in the development of the initiative of the East-West transport corridor.
more »
On October this year AB Bank SNORAS will provide preferential UAB “Guarantee Fund of Agricultural Loans ” purpose loans to farmers and companies, which scope of activity is economic activity and processing of agricultural production.
more »
The European Commission has today approved an application from Austria for assistance under the European Globalisation Adjustment Fund (EGF).
more »