Latvia telecoms market report 2024, featuring latvijas mobilais telefons (lmt), tele2 latvia, telekom baltija/triatel, bita latvia, tet and norby telecom
Dublin, july 01, 2024 (globe newswire) -- the "latvia telecoms market report - telecoms, mobile and broadband - statistics and analyses" report has been added to researchandmarkets.com's offering. latvia's telecom market continues to benefit from investment and from regulatory measures aimed at developing 5g and fibre-based infrastructure. although the mobile market is dominated by three operators there is effective competition between them, with the smallest among them having almost a quarter of the market by subscribers. these multi-service operators have focussed investment on fibre networks and on expanding the reach of 5g. mobile network capacity has been improved since 2022 following the auction of spectrum in the 700mhz and 1.5ghz bands. in addition, operators have entered into agreements with neighbouring estonia and lithuania to coordinate the use of spectrum for 5g in border areas, thus improving coverage to end-users without interference. in the fixed-line broadband sector, the country is ranked among the highest in europe for fibre coverage and take-up, being among the seven countries in the region with a fibre penetration rate about 50%. it has the second highest rural fttp coverage after denmark. with this infrastructure in place, the country has also developed a sophisticated digital economy, with e-commerce and e-government services widely available. key developments:
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