“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
European conference promotes regional solutions to global challenges.
more »
Iceland‘s low-fare airline Iceland Express will launch regular flights by the new-generation „Boeing 737-700“ planes to about 8 different destinations from Vinius International Airport.
more »
Over 3 million people around the world have lost their jobs due to the financial crisis and, according to the UN, economic recovery is unlikely to reach those that have suffered most - poor women and children.
more »
The European Commission has today decided not to raise any objections to the public financing of infrastructure developments at three Lithuanian airports – Vilnius, Kaunas and Palanga International Airports.
more »
The European Commission has published the results of a public consultation launched in June 2009 on whether and how deadlines should be set for the migration of existing national credit transfers and direct debits to the new Single Euro Payments Area (SEPA) payment instruments.
more »
A favourable climate for innovation in the EU can speed up the transition to an eco-efficient economy and increase Europe’s global competitiveness.
more »
The International Monetary Fund (IMF) and the Deutsche Bundesbank have signed an agreement to provide the Fund with up to the equivalent of €15 billion (about US$22 billion).
more »
Today the European Central Bank is publishing a report entitled “Euro Money Market Survey 2009”, which illustrates the main developments in the euro money market in the second quarter of 2009, in comparison with the second quarter of 2008.
more »
New EU laws proposed for closer oversight of financial services industry, sending a strong signal to this week's G20 summit.
more »
The European Commission has repeatedly underlined that the restructuring plan of new Opel Europe must guarantee that the company will be viable in the future.
more »