WebHostingTop » Providers » teo.lt This teo.lt review mainly cover a general impression of teo.lt product features like reliability and customer support, data center, price & more. Brand listed since 2009.
teo reviewAbout teo.ltTEO LT, AB Group is the largest integrated telecommunication, IT and television services provider in Lithuania.
TEO Group is a part of TeliaSonera Group, which operates in 20 countries in Europe and Asia.
Having started its operations as a state enterprise in 1992 under the name Lietuvos Telekomas, the Company in 1998 was privatised by then consortium of Swedish Telia AB and Finnish Sonera Oy, Amber Teleholding A/S. The consortium acquired 60 per cent of the Company's shares.
Now TeliaSonera directly and indirectly through its subsidiary, Amber Teleholding A/S, owns 68.08 per cent of the Company's shares.
Within a few years after its privatisation, the Company managed to evolve from an old monopoly state enterprise to one of the most modern telecommunications companies in Eastern and Central Europe focusing on the customer and firmly leading on different telecommunications service markets of Lithuania.
In 2006, the Company's name was changed from AB Lietuvos Telekomas to TEO LT, AB.
Today the Company holds leader positions on Internet, data communication and fixed-line telephony markets. Current capabilities of the Company allow to offer customers state-of-the-art technologies that are not in any way worse than those offered by the world’s most advanced telecommunications market players.
From 2006 TEO provides digital interactive television, based on IP technology (IPTV), and from 2008 digital terrestrial television services.
TEO corporate brand comprises all the activities carried out by the Company – voice, Internet, television, data communication and IT services. Respectively, these activities have four secondary brands: VOX – voice services for residents, ZEBRA – Internet services for residents, GALA – digital television, and TEO VERSLAS (TEO BUSINESS) – Internet, voice telephony, data communication and IT services for business.
Through its subsidiary UAB Lintel, the Company owns the biggest, in terms of business volumes, and the most modern, in terms of technologies and management, call center in Lithuania.
Another subsidiary, UAB Baltic Data Center, is a leading provider of data center and information system management services in the Baltic States.
The Company follows principle of socially responsible business and pays much attention to social activities. TEO supports the Communications History Museum in Kaunas.
Vision of TEO is to be the best partner in communicating with the constantly changing world. By employing the most modern technologies the Company enables its customers to reach people, knowledge and entertainment.
Historical Facts
In February 1992, state enterprise Lietuvos Telekomas was established after the split of state enterprise Lietuvos Paštas (Lithuanian post) and telephone networks
In June 1997, joint-stock company AB Lietuvos Telekomas was registered
In July 1998, the State of Lithuania privatised Lietuvos Telekomas and the consortium Amber Teleholding A/S, established by Swedish Telia AB and Finnish Sonera Oy, acquired 60 per cent a stake in the Company
In August 1999, continuing implementation of the privatisation programme, employees of the Company acquired 4.97 per cent of the Company’s share capital
In June 2000, during the Initial Public Offering the state of Lithuania sold 25 per cent of the Company’s shares to local and international investors
In June 2000, the Company’s shares were included into the Official List of the Vilnius Stock Exchange and Global Depository Receipts – into the trading list of the London Stock Exchange
In March 2001, the Company issued a 3 year LTL 150 million Euro Notes issue
In December 2002, strategic investors of the Company merged into a joint company TeliaSonera AB (publ)
In 2003, the State of Lithuania started to give shares of the Company to the citizens of Lithuania as a compensation for realty redeemable by the State (realty seized during the Soviet times)
In January 2003, the term of the Company‘s Special Share owned by the state of Lithuania expired
In January 2003, the Company lost its exclusive right to install and provide fixed voice telephony services in Lithuania
In May 2006, the Company changed its name into TEO LT, AB
During September-October 2009 TeliaSonera AB (publ) implemented a tender offer and increased its holding in the Company up to 64.90 per cent.
In July 2010 the Company terminated its Global Depository Receipts (GDRs) programme and delisted TEO GDRs from London Stock Exchange.Website research for teo.lt on June 12, 2011 by WebHostingTop | Contact Information | | Owner: | | | Web Site Title | Teo lt | | Website Description | Didžiausia telekomunikacijų įmonė Lietuvoje. Teikia fiksuoto ryšio telefonijos, prisijungimo prie interneto, svetainių talpinimo ir kitas paslaugas. | Note: This information may be outdated. In case you represent this brand, create your self a free account to manage this company! | | Email/Contact | Henrich(dot)Jurevic(at)bdc(dot)lt |
teo.lt is web hosting company targeted for countries: Lithuania
| | Statistics | | Links to the site | 378 | | Alexa Popularity Rank | 229949 (1 best) | | Details for www.teo.lt website | | Website Name Servers (DNS) | teo.lt:212.59.0.11
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| | Server Software | Apache | | Website IP | 212.59.0.11 | | IP Location:Country/State/City | Lithuania / Vilniaus apskritis / Vilnius [See Hosting in Lithuania ] |
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