TeliaSonera : Telia buys leading data logistics operator in Lithuania
August 07, 2017 at 09:35 am EDT
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Founded in 2010, Data Logistics Center provides data transfer services in Lithuania and abroad and operates seven data centers in four cities in Lithuania serving banks, telecommunication operators and major providers of internet and cloud computing services.
'Having acquired one of the most modern and largest data transfer and data centre operators in the Baltic States, we will undoubtedly be able to strengthen and develop our business in the field of IT and telecommunications,' Kęstutis Šliužas, CEO of Telia Lietuva, says.
Telia Lietuva already owns one state-of-the-art, safe and efficient Tier III data center. The transaction will further strengthen Telia's position in data center services in the Baltics.
The acquisition of Data Logistics Center from shareowners Lietuvos Energija (Lithuania Energy) and Litgrid is subject to approval from the Competition Authority and is expected to be completed in the beginning of 2018.
Telia Company AB published this content on 07 August 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 August 2017 13:34:08 UTC.
Original documenthttp://www.teliacompany.com/en/news/news-articles/2017/telia-buys-data-logistics-center/
Public permalinkhttp://www.publicnow.com/view/2131943F7840EB7A3057DB959268991D0CAE2434
Telia Company AB is the leading Scandinavian telecommunications operator. Net sales (including intragroup) break down by activity as follows:
- telecommunications services (85.8%): mobile telephony (19.8 million subscribers at year-end 2022), fixed-line telephony (0.9 million), cable television transmission (3 million), broadband Internet access (2.9 million), etc.;
- media services (9.6%): production and broadcasting of audiovisual content (TV4, C More and MTV channels);
- other (4.6%).
Net sales are distributed geographically as follows: Sweden (46.4%), Finland (18.7%), Norway (16.5%), Denmark (5.8%), Lithuania (5.5%), Estonia (4%) and other (3.1%).
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