Latvia Telecoms Market Report 2024, Featuring Latvijas Mobilais Telefons (LMT), Tele2 Latvia, Telekom Baltija/Triatel, BitA Latvia, Tet and Norby Telecom

Core Insights - Latvia's telecom market is experiencing growth due to investments and regulatory measures aimed at enhancing 5G and fibre infrastructure [1][2] - The mobile market is competitive, dominated by three operators, with the smallest operator holding nearly 25% of the subscriber market [1] - The country ranks among the top in Europe for fibre coverage, with approximately 50% fibre penetration and the second highest rural Fibre-to-the-Premises (FttP) coverage after Denmark [2] Key Developments - Telia Group sold its local unit Telia Latvia to Tet for €10.75 million [3] - Tet has launched a 10Gb/s FttP service in parts of Riga [3] - The telecom regulator raised €13.27 million from an auction of additional spectrum in the 700MHz band [3] - BitA Latvia and Unistars have been permitted to jointly use spectrum in the 1800MHz and 3600MHz bands for 5G [3] - Tele2 Latvia has introduced a Voice over LTE (VoLTE) service [3] - The regulator has allowed BitA and Tele2 Latvia to share spectrum assets [3] Company Coverage - Major telecom operators in Latvia include Latvijas Mobilais Telefons (LMT), Tele2 Latvia, Telekom Baltija/Triatel, BitA Latvia, Tet, and Norby Telecom [4] Key Topics Covered - The report includes key statistics, regional market comparisons, market characteristics, and an analysis of market leaders and challengers [5] - It covers mobile and fixed broadband penetration, telecommunications market analysis, regulatory environment, and developments in fixed-line services [5]