Lithuania Telecoms Statistics and Analyses Report 2024: Regulator Concludes 5G Auctions, BitA Expands its Mobile 5G Service, ITU Rules in Favour Against Russia Due to Frequency Use in Bord...
TELE2 AB UNSP/ADR (TLTZY)
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Source: Yahoo! Finance
Lithuania's regulator concludes 5G auctions Lithuania's small telecoms market is among the more advanced in Europe, particularly given the universal access to LTE infrastructure and the extensive fibre footprint. Operator investment has been focussed on fibre broadband and mobile network upgrades. Fibre is now by far the dominant fixed broadband platform, with the number of DSL and cable connections in steady decline. A number of alternative operators offer services although the incumbent Telia Lithuania remains the dominant player in the fixed-line and broadband sectors. SIM card penetration is relatively high for the region, with a growing proportion of subscribers being on higher-ARPU contract plans. While LTE services are available nationally, operators have made steady investments in 5G, with Telia being the first MNO to launch a commercial 5G service earlier in 2022. By March 2023, the company's 5G network and by March 2023 provided 95% population coverage. Bite was the l
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