TeliaSonera has moved to combine its fixed-line and mobile operations in Latvia, two months after agreeing a similar housekeeping move in Lithuania.
Swedish incumbent TeliaSonera (STO:
“We have delivered a formal proposal to the Latvian government on how to combine LMT and Lattelecom,” a TeliaSonera spokesperson was quoted saying.
In October, the company confirmed that the Latvian state development agency had invited it to make a strategic proposal.
TeliaSonera indirectly holds 49% of triple-play provider Lattelecom and mobile operator LMT, while state holdings own the remaining shares in both. The Swedish operator has previously voiced an interest in taking full control.
