Representatives of “Tele2” also noted that in the autumn it is planned to start 5G base stations in Sigulda, Salacgriva and Riga, Brivibas Street.
“5G technology is still in its infancy, it is currently relatively expensive and its application in business is limited, but we are continuing its gradual development to be ready when it is needed to support business processes and a wider range of 5G devices will be available,” he said. “Tele2” technical director Līga Krūmiņa.
She added that there are actually attempts and searches in the name of the future.
Krūmiņa pointed out that thus the company’s main focus is still on the development of 4G network capacity, as this technology will be able to meet daily needs in the field of technology for a long time to come.
“This year we have already installed 30 new base stations, upgraded and expanded 150 stations, and already connected more than a third of our base stations in Riga to the optical network, which allows us to improve network capacity in places with the greatest demand for mobile Internet,” Bush.
It has already been reported that Tele2 had a turnover of 136.669 million euros last year, which is 4% more than a year earlier, but the company’s profit increased by 2% to 31.519 million euros.
The company was registered in November 1995 and has a share capital of 3.486 million euros. The sole owner of Tele2 is the Swedish Tele2 Sverige Aktiebolag.