BITĖ Group establishes new subsidiaries
November 09, 2009
To develop the BITĖ Group’s tower and masts infrastructure sector in Lithuania and Latvia in a more efficient way it has been decided to establish two subsidiaries of BITĖ Group in Lithuania and Latvia which will be responsible for ownership, management and development of the towers and masts other than the radio part. More

BITĖ Group appoints new Chief Financial Officer
August 04, 2009
BITĖ Group, one of the largest telecommunications groups in the Baltic states, consisting of "Bitė Lietuva" and "Bite Latvija" announces Mr. Nikita Sergienko as its new Chief Financial Officer (CFO) and a member of the Management Board taking office on 3 August, 2009. Mr. Sergienko succeeds Mr. Martin Amtoft-Christensen, former CFO and member of the Management Board. More

BITĖ Group reports fourth quarter and annual results
February 20, 2009
In 2008 telecommunications company “Bitė Lietuva” reports stable revenue growth , which increased by 1,6 percent compared with 2007, reaching LTL 712,1 million (EUR 206,2 million). During the same period the company‘s EBITDA (earnings before interest, taxes, depreciation and amortization) reached LTL 180 million (EUR 52 million) with a slight decrease of 2 percent compared to the year 2007, which was influenced by the increased operational costs. More