The switch from February to March left the "front page" of this blog strangely and surprisingly blank 8/! So I am writing just to put some content in so people don't think the whole thing has died.
It is, however, a pretty dead time in Latvian telecoms. The mobile operators are trying to outdo each other on quasi-flat rate deals (I am going to Paris with Tele2 next week, they may have something interesting to say). Tommorrow (March 3) I am going to Paris for Alcatel Lucent and will do the usual video blog reports, etc. New leadership, Pat Russo & Co. are gone. It will be interesting.
Showing posts with label mobile market in Latvia. Show all posts
Showing posts with label mobile market in Latvia. Show all posts
Monday, March 02, 2009
Tuesday, January 09, 2007
Lattelecom looks to plan B or Plan C on mobiles
I'll make this quick as I am up to my arse (the British spelling) in alligators at work because I am heading off to the US tommorrow and have to finish several things.
It looks pretty much like Lattelecom will have to implement plan B (a virtual mobile operator) or plan C (waiting for mobile WiMax). Denmark's TDC will be selling the Bite Group in the next couple of weeks, either to a private equity group or another, big telecom player. Lattelecom could afford to, but is unlikely to pay the close to EUR 500 million one is probably talking about.
Plan B is not so bad, Bite welcomes all comers. The only stumbling block (aside from what strange ideas the new owners of Bite, whoever they will be, may get) are Telia Sonera's objections to Lattelecom going into the mobile market anything less than a year after it will be traded back to 100 % government ownership.
This is silly, as TeliaSonera will then become 100 % owner of Latvian Mobile Telephone, which, in terms of revenues and profitability, is the MMFITV. This is from an sacriligious version of the 23rd Psalm-- Yea (this is not a cheering yea, it is a Biblical "yea") though I walk in the valley of the shadow of death, I shall fear no evil, for I am the Meanest Motherfucker in The Valley. " As the MMFITV of the Latvian mobile market, LMT doesn't need this shit, it can do fine against Bite/Lattelecom without TeliaSonera's help.
Oh, and by the way, the word is out that TeliaSonera is on the selling block as well with the same crowd of Telefonica, France Telecom, Deutsche Telekom and the private equity money gathering for the sale.
It looks pretty much like Lattelecom will have to implement plan B (a virtual mobile operator) or plan C (waiting for mobile WiMax). Denmark's TDC will be selling the Bite Group in the next couple of weeks, either to a private equity group or another, big telecom player. Lattelecom could afford to, but is unlikely to pay the close to EUR 500 million one is probably talking about.
Plan B is not so bad, Bite welcomes all comers. The only stumbling block (aside from what strange ideas the new owners of Bite, whoever they will be, may get) are Telia Sonera's objections to Lattelecom going into the mobile market anything less than a year after it will be traded back to 100 % government ownership.
This is silly, as TeliaSonera will then become 100 % owner of Latvian Mobile Telephone, which, in terms of revenues and profitability, is the MMFITV. This is from an sacriligious version of the 23rd Psalm-- Yea (this is not a cheering yea, it is a Biblical "yea") though I walk in the valley of the shadow of death, I shall fear no evil, for I am the Meanest Motherfucker in The Valley. " As the MMFITV of the Latvian mobile market, LMT doesn't need this shit, it can do fine against Bite/Lattelecom without TeliaSonera's help.
Oh, and by the way, the word is out that TeliaSonera is on the selling block as well with the same crowd of Telefonica, France Telecom, Deutsche Telekom and the private equity money gathering for the sale.
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