Latvia Telecommunications Report Q2 2018
We have made some forecast adjustments in the latest report update and extended our forecast year to 2022.Nevertheless, we note that the Latvian market is heavily saturated with very little to no movement in the market. The countrybenefits from one of the most advanced mobile and broadband infrastructure markets, but the service sector remains lessdeveloped. Lattelecom and Baltcom dominate the wireline sector, while LMT and Tele2 dominate the mobile arena. Lattelecomcould become a prominent quad-play provider if it were allowed to merge with LMT, but the government has refused to allow it andshareholder Telia Company is now assessing its position in the Latvian market. There is little to no scope for a newcomer to enterand prosper in the miniscule, yet saturated market.
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