TEO grows sub base

By Chris Dziadul

The Lithuanian incumbent telco TEO LT ended the first quarter with 79,400 subscribers to its IPTV and DTT services, or 12,700 more than three months earlier.

Its broadband subscriber total rose by 6,600 to 304,700 over the same period.

TEO LTís net profit in Q1 amounted to LTL43.5 million (Ä12.7 million), or 3.9% less than that in the corresponding period in 2008.