Third Strategic Investor in the Mobile Telecommunications Sector
Published:
12 September 2001 y., Wednesday
Swedish controlled “Tele 2” will become the third strategic investor in Lithuania’s mobile communications sector after Omnitel and Bite GSM. According to the Strategic Investor Contract, if a company invests EUR 55 million or more in the coming three years, it will be granted tax benefits and there will be no increase in taxes for a period of 5 years.
“Tele 2” like “Omnitel” and “Bite GSM” has pledged to invest over EUR 55 million and create 300 new jobs. Its first investments will be aimed at expanding the Tele 2 network, introduction of new services including the Internet and GPRS, etc.
Šaltinis:
lda.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
In another move to strengthen the financial system, the Commission is proposing controls on credit rating agencies - private companies that evaluate financial risks for investors.
more »
Monday 10 November saw a large report land on the desk of MEPs in the Budgetary Control Committee.
more »
EU wants G20 meeting to pave the way for reform of the international financial system.
more »
New Yorkers reflect on the election of Barack Obama as the 44th President of the United States.
more »
The ability of the EU's common agriculture policy (CAP) to cope with the challenges of affordable food and climate change was discussed in Brussels 3-4 November.
more »
European Union economic growth should be 1.4% in 2008, half what it was in 2007, and drop even more sharply in 2009 to 0.2% before recovering gradually to 1.1% in 2010 (1.2%, 0.1% and 0.9%, respectively, for the euro area).
more »
There are an estimated 4-8 million immigrants working illegally in the European Union.
more »
Hit by economic turmoil and the sharp global downturn, growth in the EU slows almost to a halt.
more »
The top priority is to cushion the impact of the financial crisis on jobs, purchasing power and prosperity of EU citizens.
more »
The International Monetary Fund has approved short-term financing to help emerging market economies weather the global financial storm.
more »