{"id":32749,"date":"2025-07-17T12:47:37","date_gmt":"2025-07-17T12:47:37","guid":{"rendered":"https:\/\/www.lvrtc.lv\/?page_id=32749"},"modified":"2026-02-02T12:54:14","modified_gmt":"2026-02-02T12:54:14","slug":"growth","status":"publish","type":"page","link":"https:\/\/www.lvrtc.lv\/en\/growth\/","title":{"rendered":"LLC TET and LLC LMT Share Acquisition Process"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column]\n\n<div class=\"lvrtc-timeline born-mt-none born-mb-none\" id=\"lvrtc-timeline\">\n\n\t<div class=\"born-container\">\n\n\t\t<div class=\"items-grid\">\n\n\t\t\t\n\t\t\t\t<div class=\"item test\">\n\n\t\t\t\t\t<div class=\"heading\">\n\t\t\t\t\t\t<div class=\"title\">\n\t\t\t\t\t\t\t<h2>Contracts Signed with Advisors of the Acquisition of Telia Company\u2019s Stakes in Tet and LMT, Advisors Begin Work<\/h2>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">\n\t\t\t\t\t\t\t\t<p>Advisors will be responsible for structuring the acquisition of stakes in Tet and LMT, conducting the investor selection process, organising the completion of the transaction and, together with the companies, developing a future strategy. Advisors will also carry out the due diligence of Tet and LMT. Upon signing the contracts, the advisors immediately commenced their work by becoming acquainted with both companies, Tet and LMT.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div class=\"timeline\">\n\t\t\t\t\t\t<div class=\"top\"><\/div>\n\t\t\t\t\t\t<div class=\"circle\"><\/div>\n\t\t\t\t\t\t<div class=\"bottom\"><\/div>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div class=\"content\">\n\n\t\t\t\t\t\t<h2>February 2, 2026<\/h2>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t<\/div>\n\n\t\t\t\n\t\t\t\t<div class=\"item test\">\n\n\t\t\t\t\t<div class=\"heading\">\n\t\t\t\t\t\t<div class=\"title\">\n\t\t\t\t\t\t\t<h2>Meeting of LVRTC and Latvenergo with representatives of the ICT and security industry association and other non-governmental organizations<\/h2>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">\n\t\t\t\t\t\t\t\t<p>Participants of the event were informed about the progress and current developments of the potential transaction to buy out the shares of Telia-owned companies SIA Tet and SIA Latvijas Mobilais telefons.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div class=\"timeline\">\n\t\t\t\t\t\t<div class=\"top\"><\/div>\n\t\t\t\t\t\t<div class=\"circle\"><\/div>\n\t\t\t\t\t\t<div class=\"bottom\"><\/div>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div class=\"content\">\n\n\t\t\t\t\t\t<h2>November 13, 2025<\/h2>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t<\/div>\n\n\t\t\t\n\t\t\t\t<div class=\"item test\">\n\n\t\t\t\t\t<div class=\"heading\">\n\t\t\t\t\t\t<div class=\"title\">\n\t\t\t\t\t\t\t<h2>Latvenergo, LVRTC and Telia Company announce signing of memorandum of understanding<\/h2>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">\n\t\t\t\t\t\t\t\t<p>(Media briefing in Latvian)<\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/QgaJBkyDd-4?si=mquHSIyKJdJMNz6T\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div class=\"timeline\">\n\t\t\t\t\t\t<div class=\"top\"><\/div>\n\t\t\t\t\t\t<div class=\"circle\"><\/div>\n\t\t\t\t\t\t<div class=\"bottom\"><\/div>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div class=\"content\">\n\n\t\t\t\t\t\t<h2>July 18, 2025<\/h2>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t<\/div>\n\n\t\t\t\n\t\t\t\t<div class=\"item test\">\n\n\t\t\t\t\t<div class=\"heading\">\n\t\t\t\t\t\t<div class=\"title\">\n\t\t\t\t\t\t\t<h2>Memorandum of Understanding Signed<\/h2>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">\n\t\t\t\t\t\t\t\t<article class=\"text-token-text-primary w-full\" dir=\"auto\" data-testid=\"conversation-turn-2\" data-scroll-anchor=\"true\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] @[37rem]:[--thread-content-margin:--spacing(6)] @[72rem]:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:32rem] @[34rem]:[--thread-content-max-width:40rem] @[64rem]:[--thread-content-max-width:48rem] mx-auto flex max-w-(--thread-content-max-width) flex-1 text-base gap-4 md:gap-5 lg:gap-6 group\/turn-messages focus-visible:outline-hidden\" tabindex=\"-1\">\n<div class=\"group\/conversation-turn relative flex w-full min-w-0 flex-col agent-turn\">\n<div class=\"relative flex-col gap-1 md:gap-3\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"572cffb0-e1ab-4b2b-8617-1b0324462805\" data-message-model-slug=\"gpt-4o\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words dark\">\n<p data-start=\"40\" data-end=\"257\">LVRTC, Latvenergo, and Telia Company have signed a Memorandum of Understanding regarding the sale of their shares in the fixed network operator &#8220;Tet&#8221; and the mobile network operator &#8220;Latvijas Mobilais Telefons&#8221; (LMT).<\/p>\n<p data-start=\"259\" data-end=\"874\" data-is-last-node=\"\" data-is-only-node=\"\">\u201cWe are pleased to have reached a shared view on the best way forward for these two outstanding Latvian companies. We have agreed to proceed with the proposed transaction, in which our offer to sell our shares reflects the true market value of Tet and LMT. The complex ownership structure of Tet and LMT has slowed down value creation. This Memorandum of Understanding marks a turning point for us as well as for Tet and LMT, who will now have the opportunity to grow under a new ownership model that will benefit their customers and all stakeholders,\u201d said Telia President and CEO, Patrik Hofbauer, in a statement.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div class=\"timeline\">\n\t\t\t\t\t\t<div class=\"top\"><\/div>\n\t\t\t\t\t\t<div class=\"circle\"><\/div>\n\t\t\t\t\t\t<div class=\"bottom\"><\/div>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div class=\"content\">\n\n\t\t\t\t\t\t<h2>July 17, 2025<\/h2>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t<\/div>\n\n\t\t\t\n\t\t\t\t<div class=\"item test\">\n\n\t\t\t\t\t<div class=\"heading\">\n\t\t\t\t\t\t<div class=\"title\">\n\t\t\t\t\t\t\t<h2>The government supports the initiative of LVRTC and Latvenergo to begin negotiations with Telia Company regarding the purchase of its shares in Tet and LMT<\/h2>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">\n\t\t\t\t\t\t\t\t<p><span data-teams=\"true\">The Cabinet of Ministers took note of and did not object to the initiative of the &#8220;Latvenergo&#8221; and the Latvian State Radio and Television Center (LVRTC) to approach &#8220;Telia Company&#8221; about the possible acquisition of its shares in &#8220;Tet&#8221; and LMT.<\/span><\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div class=\"timeline\">\n\t\t\t\t\t\t<div class=\"top\"><\/div>\n\t\t\t\t\t\t<div class=\"circle\"><\/div>\n\t\t\t\t\t\t<div class=\"bottom\"><\/div>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div class=\"content\">\n\n\t\t\t\t\t\t<h2>July 15, 2025<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-32539\" src=\"https:\/\/www.lvrtc.lv\/wp-content\/uploads\/2025\/07\/WhatsApp-Image-2025-07-15-at-22.46.07-300x202.jpeg\" alt=\"\" width=\"599\" height=\"403\" \/><\/p>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t<\/div>\n\n\t\t\t\n\t\t\t\t<div class=\"item test\">\n\n\t\t\t\t\t<div class=\"heading\">\n\t\t\t\t\t\t<div class=\"title\">\n\t\t\t\t\t\t\t<h2>LVRTC expresses readiness to invest in the development of Latvia's information and communication technology sector<\/h2>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div class=\"timeline\">\n\t\t\t\t\t\t<div class=\"top\"><\/div>\n\t\t\t\t\t\t<div class=\"circle\"><\/div>\n\t\t\t\t\t\t<div class=\"bottom\"><\/div>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div class=\"content\">\n\n\t\t\t\t\t\t<h2>Year 2024<\/h2>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t<\/div>\n\n\t\t\t\n\n\t\t<\/div>\n\n\t<\/div>\n\n<\/div>\n\t<script src=\"https:\/\/cdn.jsdelivr.net\/npm\/waypoints@4.0.1\/lib\/jquery.waypoints.min.js\"><\/script>\n\n\n\t<script>\n\n       var windowHeight = jQuery(window).height();\n\n       jQuery('.lvrtc-timeline .item').each(function(){\n\n           var self = jQuery(this);\n\n           jQuery(this).waypoint({\n               handler: function(direction){\n\n                   if (direction === 'down') {\n\n                       self.addClass('is-active');\n                   }\n\n                   if (direction === 'up') {\n\n                       self.removeClass('is-active');\n                   }\n\n               },\n               offset: '50%'\n           });\n\n       });\n\n\n\n       function test() {\n\n\n           jQuery('.lvrtc-timeline .item.test').each(function() {\n\n               var scrolltop = jQuery(window).scrollTop();\n\n               var elementOffset = jQuery(this).offset().top;\n\n               var elementHeight = jQuery(this).outerHeight(true);\n\n               var timelineHeight = scrolltop - ((elementOffset) - (windowHeight \/ 2));\n\n\n\n               if ( (elementOffset - (windowHeight \/ 2)) < scrolltop && (scrolltop + (windowHeight \/ 2)) < (elementOffset + elementHeight) ) {\n\n\n\n                   jQuery(this).find('.circle').css('top', '0');\n\n                   jQuery(this).find('.top').css('height', timelineHeight);\n\n               }\n\n               if ( (scrolltop + (windowHeight \/ 2)) > (elementOffset + elementHeight) ) {\n\n                   jQuery(this).find('.circle').css('top', '0');\n\n                   jQuery(this).find('.top').css('height', '100%');\n\n               }\n\n               if ( (elementOffset - (windowHeight \/ 2)) > scrolltop ) {\n\n                   jQuery(this).find('.circle').css('top', '0');\n\n                   jQuery(this).find('.top').css('height', '0');\n\n               }\n\n               \/\/ jQuery(this).find('.top').css('height', top - (elementOffset \/ 2))\n\n\n           });\n\n       }\n\n\n       jQuery(window).on('scroll', function() {\n\n           test();\n\n\n       });\n\n\t<\/script>\n\n[vc_separator][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&#8221;&#8221;]<\/p>\n<h2>News<\/h2>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;37959&#8243; img_size=&#8221;800&#215;800&#8243; onclick=&#8221;custom_link&#8221; css=&#8221;&#8221; link=&#8221;https:\/\/www.lvrtc.lv\/en\/growth\/the-government-takes-note-of-and-does-not-object-to-the-initiative-of-lvrtc-and-latvenergo-to-approach-telia-company-about-the-acquisition-of-its-shares-in-tet-and-lmt\/&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h3><a href=\"https:\/\/www.lvrtc.lv\/en\/growth\/contracts-signed-with-advisors-of-the-acquisition-of-telia-companys-stakes-in-tet-and-lmt-advisors-begin-work\/\">Contracts Signed with Advisors of the Acquisition of Telia Company\u2019s Stakes in Tet and LMT, Advisors Begin Work<\/a><\/h3>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;32899&#8243; img_size=&#8221;800&#215;800&#8243; onclick=&#8221;custom_link&#8221; css=&#8221;&#8221; link=&#8221;https:\/\/www.lvrtc.lv\/en\/growth\/the-government-takes-note-of-and-does-not-object-to-the-initiative-of-lvrtc-and-latvenergo-to-approach-telia-company-about-the-acquisition-of-its-shares-in-tet-and-lmt\/&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h3><a href=\"https:\/\/www.lvrtc.lv\/en\/growth\/latvenergo-and-lvrtc-sign-memorandum-of-understanding-with-telia-company-on-acquisition-of-shares-in-tet-and-lmt\/\">Latvenergo and LVRTC Sign Memorandum of Understanding with Telia Company on Acquisition of Its Shares in Tet and LMT<\/a><\/h3>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;32961&#8243; img_size=&#8221;large&#8221; onclick=&#8221;custom_link&#8221; css=&#8221;&#8221; link=&#8221;https:\/\/www.lvrtc.lv\/en\/growth\/memorandum-of-understanding-signed\/&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h3 data-start=\"0\" data-end=\"38\"><a href=\"https:\/\/www.lvrtc.lv\/en\/memorandum-of-understanding-signed\/\">Memorandum of Understanding Signed<\/a><\/h3>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;32541&#8243; img_size=&#8221;800&#215;800&#8243; onclick=&#8221;custom_link&#8221; css=&#8221;&#8221; link=&#8221;https:\/\/www.lvrtc.lv\/en\/growth\/latvenergo-and-lvrtc-sign-memorandum-of-understanding-with-telia-company-on-acquisition-of-shares-in-tet-and-lmt\/&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h3><a href=\"https:\/\/www.lvrtc.lv\/en\/growth\/the-government-takes-note-of-and-does-not-object-to-the-initiative-of-lvrtc-and-latvenergo-to-approach-telia-company-about-the-acquisition-of-its-shares-in-tet-and-lmt\/\">The Government takes note of and does not object to the initiative of LVRTC and Latvenergo to approach Telia Company about the acquisition of its shares in Tet and LMT<\/a><\/h3>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243;][\/vc_column][vc_column width=&#8221;1\/3&#8243;][\/vc_column][\/vc_row][vc_row][vc_column][vc_separator][vc_column_text css=&#8221;&#8221;]<\/p>\n<h2><strong data-start=\"55\" data-end=\"85\">Frequently Asked Questions<\/strong><\/h2>\n<p>[\/vc_column_text]\n\n<div class=\"lvrtc-accordion born-mt-none born-mb-none\">\n    <div class=\"title\">\n            <\/div>\n    <ul class=\"born-reset\">\n\n                <li>\n            <button class=\"question collapsed\" data-toggle=\"collapse\" data-target=\"#collapse-900120\">\n                Why would LVRTC be interested in acquiring shares of TET and LMT?                <span class=\"caret\"><\/span>\n            <\/button>\n            <div id=\"collapse-900120\" class=\"collapse\" data-parent=\"#accordionExample\">\n                <div class=\"desc\">\n                    In the autumn of 2024, LVRTC expressed readiness in investing in the development of the information and communication technology (ICT) sector.\n\nIt is evident that modern technologies demand ongoing infrastructure advancement, as well as the ability to embed innovation as a core principle. Without this, the meaningful adoption of artificial intelligence, the development of secure and future-proof communication and data transmission solutions, and the associated innovations are not achievable.\n\nTetand LMT are companies of national strategic importance. Their infrastructure and expertise represent significant potential that should be harnessed to support national development, enhance organizational efficiency, and improve the quality of life for citizens.\n\nThe opportunity to expand LVRTC assets in the ICT sector as a way to grow, ensuring revenue that can continue to be reinvested in national development. The potential transaction would also increase the value of LVRTC existing shareholding in LMT.\n\n                <\/div>\n            <\/div>\n        <\/li>\n                <li>\n            <button class=\"question collapsed\" data-toggle=\"collapse\" data-target=\"#collapse-900121\">\n                LVRTC benefits                <span class=\"caret\"><\/span>\n            <\/button>\n            <div id=\"collapse-900121\" class=\"collapse\" data-parent=\"#accordionExample\">\n                <div class=\"desc\">\n                    We see that by potentially acquiring shares in these companies, LVRTC as a 100% state-owned and non-privatizable capital company would strengthen the country\u2019s technological development and reinforce Latvia\u2019s ICT infrastructure.\nThis represents an opportunity to enhance our competitiveness while expanding development and export potential in line with national interests.                <\/div>\n            <\/div>\n        <\/li>\n                <li>\n            <button class=\"question collapsed\" data-toggle=\"collapse\" data-target=\"#collapse-900122\">\n                Transaction Partners                <span class=\"caret\"><\/span>\n            <\/button>\n            <div id=\"collapse-900122\" class=\"collapse\" data-parent=\"#accordionExample\">\n                <div class=\"desc\">\n                    -  JSC Latvenergo <br>\n- SJSC Latvia State Radio and Television Center <br>\n- LLC \u201cPublisko akt\u012bvu p\u0101rvald\u012bt\u0101js Possessor\u201d <br>\n- A financial investor with significant experience in the technology sector is expected to be engaged. An international advisor will be appointed to support the investor selection process.                <\/div>\n            <\/div>\n        <\/li>\n                <li>\n            <button class=\"question collapsed\" data-toggle=\"collapse\" data-target=\"#collapse-900123\">\n                Progress of the potential transaction                <span class=\"caret\"><\/span>\n            <\/button>\n            <div id=\"collapse-900123\" class=\"collapse\" data-parent=\"#accordionExample\">\n                <div class=\"desc\">\n                    Latvenergo and Latvia State Radio and Television Center are engaging in transactions on commercial principles, assessing both synergies and economic benefits.\nAs a result of the possible transaction, Latvenergo and LVRTC, together with LLC \"Publisko akt\u012bvu p\u0101rvald\u012bt\u0101js Possessor\" and an international financial investor, would acquire full control of both telecommunications companies.\nIn case of successful negotiations and due diligence, the transaction could be implemented in the first half of 2026.                <\/div>\n            <\/div>\n        <\/li>\n        \n    <\/ul>\n<\/div>\n[\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&#8221;&#8221;]<em>Information updated on 18.07.2025.<\/em>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_separator][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&#8221;&#8221;] News [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;37959&#8243; img_size=&#8221;800&#215;800&#8243; onclick=&#8221;custom_link&#8221; css=&#8221;&#8221; link=&#8221;https:\/\/www.lvrtc.lv\/en\/growth\/the-government-takes-note-of-and-does-not-object-to-the-initiative-of-lvrtc-and-latvenergo-to-approach-telia-company-about-the-acquisition-of-its-shares-in-tet-and-lmt\/&#8221;][vc_column_text css=&#8221;&#8221;] Contracts Signed with Advisors of the Acquisition of Telia Company\u2019s Stakes in Tet and LMT, Advisors Begin Work [\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;32899&#8243; img_size=&#8221;800&#215;800&#8243; onclick=&#8221;custom_link&#8221; css=&#8221;&#8221; link=&#8221;https:\/\/www.lvrtc.lv\/en\/growth\/the-government-takes-note-of-and-does-not-object-to-the-initiative-of-lvrtc-and-latvenergo-to-approach-telia-company-about-the-acquisition-of-its-shares-in-tet-and-lmt\/&#8221;][vc_column_text css=&#8221;&#8221;] Latvenergo and LVRTC Sign Memorandum of Understanding with Telia Company on Acquisition of Its Shares in Tet and<\/p>\n","protected":false},"author":9,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-32749","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LLC TET and LLC LMT Share Acquisition Process - LVRTC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lvrtc.lv\/en\/growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LLC TET and LLC LMT Share Acquisition Process - LVRTC\" \/>\n<meta property=\"og:description\" content=\"[vc_row][vc_column][vc_separator][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&#8221;&#8221;] News [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;37959&#8243; img_size=&#8221;800&#215;800&#8243; onclick=&#8221;custom_link&#8221; css=&#8221;&#8221; link=&#8221;https:\/\/www.lvrtc.lv\/en\/growth\/the-government-takes-note-of-and-does-not-object-to-the-initiative-of-lvrtc-and-latvenergo-to-approach-telia-company-about-the-acquisition-of-its-shares-in-tet-and-lmt\/&#8221;][vc_column_text css=&#8221;&#8221;] Contracts Signed with Advisors of the Acquisition of Telia Company\u2019s Stakes in Tet and LMT, Advisors Begin Work [\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;32899&#8243; img_size=&#8221;800&#215;800&#8243; onclick=&#8221;custom_link&#8221; css=&#8221;&#8221; link=&#8221;https:\/\/www.lvrtc.lv\/en\/growth\/the-government-takes-note-of-and-does-not-object-to-the-initiative-of-lvrtc-and-latvenergo-to-approach-telia-company-about-the-acquisition-of-its-shares-in-tet-and-lmt\/&#8221;][vc_column_text css=&#8221;&#8221;] Latvenergo and LVRTC Sign Memorandum of Understanding with Telia Company on Acquisition of Its Shares in Tet and\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lvrtc.lv\/en\/growth\/\" \/>\n<meta property=\"og:site_name\" content=\"LVRTC\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-02T12:54:14+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lvrtc.lv\\\/en\\\/growth\\\/\",\"url\":\"https:\\\/\\\/www.lvrtc.lv\\\/en\\\/growth\\\/\",\"name\":\"LLC TET and LLC LMT Share Acquisition Process - LVRTC\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lvrtc.lv\\\/en\\\/#website\"},\"datePublished\":\"2025-07-17T12:47:37+00:00\",\"dateModified\":\"2026-02-02T12:54:14+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.lvrtc.lv\\\/en\\\/growth\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.lvrtc.lv\\\/en\\\/growth\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.lvrtc.lv\\\/en\\\/growth\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.lvrtc.lv\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"LLC TET and LLC LMT Share Acquisition Process\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.lvrtc.lv\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.lvrtc.lv\\\/en\\\/\",\"name\":\"LVRTC\",\"description\":\"LVRTC\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.lvrtc.lv\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"LLC TET and LLC LMT Share Acquisition Process - LVRTC","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.lvrtc.lv\/en\/growth\/","og_locale":"en_US","og_type":"article","og_title":"LLC TET and LLC LMT Share Acquisition Process - LVRTC","og_description":"[vc_row][vc_column][vc_separator][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&#8221;&#8221;] News [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;37959&#8243; img_size=&#8221;800&#215;800&#8243; onclick=&#8221;custom_link&#8221; css=&#8221;&#8221; link=&#8221;https:\/\/www.lvrtc.lv\/en\/growth\/the-government-takes-note-of-and-does-not-object-to-the-initiative-of-lvrtc-and-latvenergo-to-approach-telia-company-about-the-acquisition-of-its-shares-in-tet-and-lmt\/&#8221;][vc_column_text css=&#8221;&#8221;] Contracts Signed with Advisors of the Acquisition of Telia Company\u2019s Stakes in Tet and LMT, Advisors Begin Work [\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;32899&#8243; img_size=&#8221;800&#215;800&#8243; onclick=&#8221;custom_link&#8221; css=&#8221;&#8221; link=&#8221;https:\/\/www.lvrtc.lv\/en\/growth\/the-government-takes-note-of-and-does-not-object-to-the-initiative-of-lvrtc-and-latvenergo-to-approach-telia-company-about-the-acquisition-of-its-shares-in-tet-and-lmt\/&#8221;][vc_column_text css=&#8221;&#8221;] Latvenergo and LVRTC Sign Memorandum of Understanding with Telia Company on Acquisition of Its Shares in Tet and","og_url":"https:\/\/www.lvrtc.lv\/en\/growth\/","og_site_name":"LVRTC","article_modified_time":"2026-02-02T12:54:14+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.lvrtc.lv\/en\/growth\/","url":"https:\/\/www.lvrtc.lv\/en\/growth\/","name":"LLC TET and LLC LMT Share Acquisition Process - LVRTC","isPartOf":{"@id":"https:\/\/www.lvrtc.lv\/en\/#website"},"datePublished":"2025-07-17T12:47:37+00:00","dateModified":"2026-02-02T12:54:14+00:00","breadcrumb":{"@id":"https:\/\/www.lvrtc.lv\/en\/growth\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.lvrtc.lv\/en\/growth\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.lvrtc.lv\/en\/growth\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.lvrtc.lv\/en\/"},{"@type":"ListItem","position":2,"name":"LLC TET and LLC LMT Share Acquisition Process"}]},{"@type":"WebSite","@id":"https:\/\/www.lvrtc.lv\/en\/#website","url":"https:\/\/www.lvrtc.lv\/en\/","name":"LVRTC","description":"LVRTC","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.lvrtc.lv\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.lvrtc.lv\/en\/wp-json\/wp\/v2\/pages\/32749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lvrtc.lv\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.lvrtc.lv\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.lvrtc.lv\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lvrtc.lv\/en\/wp-json\/wp\/v2\/comments?post=32749"}],"version-history":[{"count":20,"href":"https:\/\/www.lvrtc.lv\/en\/wp-json\/wp\/v2\/pages\/32749\/revisions"}],"predecessor-version":[{"id":39057,"href":"https:\/\/www.lvrtc.lv\/en\/wp-json\/wp\/v2\/pages\/32749\/revisions\/39057"}],"wp:attachment":[{"href":"https:\/\/www.lvrtc.lv\/en\/wp-json\/wp\/v2\/media?parent=32749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}