Telia Lietuva inks €60m syndicated loan after tri-party merger completion
Swedish telco Telia’s local unit in Lithuania has inked a five-year €60m (US$67m) loan with three banks for refinancing purposes. Telia Lietuva said it ...
Tag: TEO LT
Telia to acquire Phonero to strengthen Norwegian enterprise segment
Sweden’s Telia has agreed to buy Norwegian SME-focused MVNO Phonero from privately owned investment companies Kistefos and Norvestor for an enterprise value of SKr2.3bn (US$255.5m) on a ...
Telia wins bank approval for Lithuanian merger a year after inking deal
Sweden’s Telia has received clearance from the Bank of Lithuania to merge its two local units, mobile carrier Omnitel and fixed-line ...
TeliaSonera to merge subsidiaries Teo and Omnitel
The combination of its two Lithuanian businesses will create a converged operator in line with TeliaSonera's broader strategy. TeliaSonera (STO:TLSN) is to ...
Telia’s Bolin becomes Teo finance and strategy head
Lithuanian telco Teo has named senior executives from parent company TeliaSonera, Robert Andersson and Lars Bolin, as its new board ...
Lithuania’s Teo CFO to leave as company restructures
The CFO of Lithuanian telco Teo is to step down amid major restructuring changes. Giedrius Vegys will depart on 22 ...
Teo names new chief
Lithuanian telco Teo has named Kestutis Sliuzas as its new general manager. The company, part of Sweden’s TeliaSonera group, announced ...
TEO head departs
Arunas Siksta, head of Lithuanian telco Teo, has stepped down after nine years with the company. CFO Giedrius Vegys has ...
TeliaSonera launches offer for remaining TEO shares
TeliaSonera has launched its voluntary offer for the shares in TEO it does not already own. The Swedish incumbent had ...
TeliaSonera to pay €156.9m for full ownership of Teo
Sweden’s TeliaSonera has upped its stake in Lithuanian operator Teo LT to 76.16% and will launch a voluntary takeover bid ...
