TEO LT, AB – one of the longest operating and most successful companies in Lithuania known to nearly everybody in this country. Having started its operations as a state enterprise in 1992 under the name Lietuvos Telekomas, the Company in 1998 was privatised by then consortium of Swedish Telia AB and Finnish Sonera Oy, Amber Teleholding A/S. The consortium acquired 60 per cent of the Company's shares.
