Telecentras is a state-owned joint-stock company headquartered in Lithuania. Founded in 1991, the company provides various services, including radio and television program transmission, data transmission, internet, smart television, data center, and telephony services throughout Lithuania. As of 2023, Telecentras has approximately 70 employees and generates less than $25 million in annual revenue.
In a legal dispute with public broadcaster LRT, Lithuanian state-owned operator Telecentras prevailed. The Vilnius regional court dismissed LRT's request to recover EUR 326,700 in alleged overpayment for television re-transmission services in 2021. Telecentras also announced the nearing completion of two Tier-3 data centres for storing crucial public sector data, each with approximately 300 racks and a total investment exceeding EUR 20 million. Furthermore, Telecentras reported benefiting around 200,000 households with access to various TV channels. Although the company experienced a net profit in the first quarter, one-time financial events impacted its Q1 results by 1%. Telecentras additionally urged authorities to reclassify 59 of its high-rise transmitters.
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Telecentras offers products in the media tech industry. Telecentras's product portfolio comprises of connectivity and distribution services.
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Telecentras's revenues were less than $25M in 2023. All the revenue comes from terrestrial transmission services.
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