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Tele2 adn Tet Partner to Offer Fiber Optic Internet in Latvia
Tele2 and Tet, two of Latvia’s leading telecommunications companies, have formed a strategic partnership to offer fiber optic internet services to customers across the country. This collaboration aims to strengthen both companies’ positions as multi-sector digital service providers,encompassing telecommunications,mobile communications,television,digital security,insurance,and e-commerce solutions. The partnership, announced in January 2024, expands internet access options for Latvian residents.
Expanding Fiber Optic access in Latvia
Initially, the fiber optic internet service, leveraging Tet’s existing infrastructure, is available to individual customers. The companies plan to extend the service to buisness clients in the future. this expansion will bring high-speed internet access to at least half a million households throughout latvia, with speeds up to 1000 Mbit/s.
Strategic Rationale for the Partnership
According to Arnis prieditis, CEO of Tele2, the collaboration aligns with global trends in the telecommunications industry where mobile operators increasingly offer both mobile and fiber-optic internet services. He stated that this allows them to provide customers with greater added value, catering to those who specifically prefer fiber optic connections. research indicates customers who bundle mobile and fiber services with a single provider generally report higher satisfaction levels with service quality.
Uldis Tatarčuks, CEO of Tet, highlighted the importance of fiber optic internet in providing speed, security, and stability crucial for both households and businesses. He noted that the partnership will efficiently expand fiber optic access nationwide while
