Latvijas Mobilais Telefons, also known as LMT, is a privately owned company headquartered in Latvia. It operates as a subsidiary of Telia Company. Founded in 1992, the company has approximately 500 employees and reported $335.0M in revenue as of 2024. It functions as a tier 1 media tech buyer. The company specializes in telecoms, notably recognized as the first mobile network operator in Latvia.
Latvijas Mobilais Telefons (LMT) Group's traffic monitoring solution, deployed in nine locations in Riga, has reduced red-light violations in Latvia's capital by 66% over the last six months, according to new data from April 7, 2026. Previously, on March 24, LMT representative Alvis Buraks emphasized the necessity of state intervention for providing mobile coverage in Latgale, noting that building a single tower costs the company €100,000 to €150,000, making investments in economically unviable areas like swamps difficult to justify. Earlier in March, LMT's smart traffic monitoring solution was integrated into Ādaži's municipal monitoring system on March 11, with plans to enhance road safety in the town over the next three years by automatically detecting violations and transmitting data to the Road Traffic Safety Directorate (CSDD) and Municipal Police databases. On March 3, the LMT Innovations team confirmed plans to attend the ITS European Congress in Istanbul, Turkey, from April 27 to 29, 2026. On the same day, LMT announced it would provide free calls and SMS messages to post-paid customers in several crisis-affected Middle Eastern countries, citing the deteriorating security situation in the region.
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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.
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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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