VilNews

THE VOICE OF INTERNATIONAL LITHUANIA

25 November 2024
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Oh, and by the way: “TEO increases the Internet speed for residential customers without any additional fees.”

 

According to the Fiber to the Home Council Europe, Lithuania is already the front runner when it comes to deployment of FTTH networks. It tops the European list at 22.6 percent household penetration. Next comes Sweden at 13.6 percent. In absolute numbers, Russia is number one at 4.18 million fiber households, followed by Sweden (600,000) and France (486,700).

TEO says its telecom network is accessible to about half of Lithuania: 570,000 households. Its next-generation services are available to most of the residents of that country's big cities: Vilnius, Klaipeda, and Kaunas. Over half of Panevėžys and Šiauliai residents can get them too.
Why are Lithuanians getting this FTTH windfall? Investment, it appears. TEO says it will plug more than LTL70 million (about US$30 million) into the fiber project by the end of this year, bringing the total investment to LTL325 million (about US$139 million) over four years.

Category : News



VilNews e-magazine is published in Vilnius, Lithuania. Editor-in-Chief: Mr. Aage Myhre. Inquires to the editorseditor@VilNews.com.
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