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2017-02-01

Telia Company: Lithuanian operations merge and change name to Telia

On February 1, Telia Company's Lithuanian operations Teo, Omnitel and
Baltic Data Center will merge into one legal entity under the name
Telia Lietuva. The change is a logical outcome of the integration
process which started when Teo acquired a 100 percent stake in
Omnitel in January 2016.

"By merging our Lithuanian operations we are optimizing their business
potential with the ultimate aim of adding value for our customers.
Telia is the undisputed leader in broadband services and owns the
most advanced 4G network that covers 99 percent of Lithuania. Telia
Lietuva is ready for any challenges to come," says Henriette Wendt,
Head of Denmark, Estonia and Lithuania at Telia Company.

Telia Lietuva is the only telecommunications company in Lithuania with
a full scale offering of fixed and mobile telephony, broadband
internet and television services. The company also has a strong
presence in the IT sector, providing tailored solutions for local and
international businesses.

"We completed the integration of our companies within an ambitious one
year timeframe and ensured business growth at the same time. Now, as
the first integrated operator in the country, we will continue to
keep up the momentum and will focus on creating new value for our
customers," says K?stutis Šliužas, CEO of Telia Lietuva.

For more information, please contact our press office +46 771 77 58
30, visit our Newsroom (http://www.teliacompany.com/en/newsroom/) or
follow us on Twitter @Teliacompany
(https://twitter.com/Teliacompany).

We're Telia Company, the New Generation Telco. Our 21,000 talented
colleagues serve millions of customers every day in one of the
world's most connected regions. With a strong connectivity base,
we're the hub in the digital ecosystem, empowering people, companies
and societies to stay in touch with everything that matters 24/7/365
- on their terms. Headquartered in Stockholm, the heart of innovation
and technology, we're set to change the industry and bring the world
even closer for our customers. Read more at www.teliacompany.com.

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http://news.cision.com/telia-company/r/lithuanian-operations-merge-and-c...
http://mb.cision.com/Main/40/2178060/622074.pdf

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