The investment

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.