Latvijas Mobilais Telefons, also known as LMT, is a privately owned company headquartered in Latvia. It operates as a subsidiary of Telia Company. Founded in 1992, the company employs approximately 500 individuals and reported $335.0M in revenue as of 2024. It functions as a tier 1 media tech buyer. The company provides telecoms services, distinguishing itself as the first mobile network operator in Latvia.

2024 Revenue

Founded

1992

Headcount

500

Headquarters

Latvia

Primary Segment

Telecoms

Ownership

Privately Owned

News Summary:

Latvijas Mobilais Telefons (LMT) installed its smart traffic monitoring solution in Ādaži, Latvia, on March 11, 2026. Integrated into the municipal system, the solution will automatically detect traffic violations and transmit data to the Road Traffic Safety Directorate (CSDD) and Municipal Police databases to enhance road safety and ensure efficient enforcement and accountability over the next three years. Earlier on March 3, LMT announced its Innovations team would participate in the ITS European Congress in Istanbul, Turkey, from April 27 to 29, 2026, a key event for smart, safe, and sustainable mobility. On the same day, LMT began providing free calls and text messages to postpaid customers in crisis-affected countries in the Middle East, citing the escalating security situation. Previously, on March 2, the company was recognized as one of Latvia's top three employers for 2025, alongside Swedbank, with "Virši" named the best employer. This followed LMT's involvement, starting February 26, as a key consortium member in a quantum cryptography initiative for defense, addressing the evolving threats to current cryptographic solutions and data privacy posed by developing quantum capabilities.

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Latvijas Mobilais Telefons (LMT) offers 5 products in the media and telecoms services industry. Latvijas Mobilais Telefons (LMT)'s product portfolio comprises of media and TV services and telecoms.
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Latvijas Mobilais Telefons (LMT)'s revenues were less than $500M in 2024. Caretta Research has split Latvijas Mobilais Telefons (LMT)'s revenue into 5 different product categories, the largest of which is mobile services. For full access to Latvijas Mobilais Telefons (LMT)'s revenue breakdown subscribe to Caretta Portal.
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Examples of Latvijas Mobilais Telefons (LMT)'s suppliers include Vantiva, Broadpeak and Google.

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