Latvijas Mobilais Telefons (LMT), a privately owned company founded in 1992 and headquartered in Latvia, is Latvia's first mobile network operator. Employing approximately 500 people, LMT's main product offering currently focuses on pay TV services.

2024 Revenue

Founded

1992

Headcount

500

Headquarters

Latvia

Primary Segment

Telecoms services

Ownership

Privately Owned

News Summary:

Latvijas Mobilais Telefons (LMT) chose Ericsson to deploy 5G Standalone nationwide. This involved modernizing LMT's cloud infrastructure and replacing legacy communication services and user data management systems with a service-based architecture. A separate agreement with Ericsson focuses on modernizing LMT's subscriber domain infrastructure to support 5G expansion across Latvia. Additionally, LMT leads a European consortium that received up to €10.09 million from the European Defence Fund (EDF) to develop an advanced long-range unmanned aerial vehicle (UAV) system as part of the VANTAGE project. The VANTAGE project also utilizes UAV Navigation-Grupo Oesía's advanced autonomous navigation systems for next-generation tactical VTOL drones.

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Latvijas Mobilais Telefons (LMT) offers 5 products in the media and telecoms services industry. Latvijas Mobilais Telefons (LMT)'s product portfolio comprises of media and TV services and telecoms services.
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Latvijas Mobilais Telefons (LMT)'s revenues were less than $500M in 2024. Caretta Research has split Latvijas Mobilais Telefons (LMT)'s revenue into 5 different product categories, the largest of which is mobile services. For full access to Latvijas Mobilais Telefons (LMT)'s revenue breakdown subscribe to Caretta Portal.
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Examples of Latvijas Mobilais Telefons (LMT)'s suppliers include Google, Vantiva and Broadpeak.

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