{"id":32797,"date":"2025-07-18T05:17:32","date_gmt":"2025-07-18T05:17:32","guid":{"rendered":"https:\/\/www.lvrtc.lv\/?page_id=32797"},"modified":"2025-07-18T05:17:32","modified_gmt":"2025-07-18T05:17:32","slug":"memorandum-of-understanding-signed","status":"publish","type":"page","link":"https:\/\/www.lvrtc.lv\/en\/growth\/memorandum-of-understanding-signed\/","title":{"rendered":"Memorandum of Understanding Signed"},"content":{"rendered":"<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<div class=\"pointer-events-none h-px w-px\" aria-hidden=\"true\" data-edge=\"true\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>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). \u201cWe are pleased to have reached a shared view on the best way forward for these two outstanding Latvian companies. We have agreed<\/p>\n","protected":false},"author":9,"featured_media":0,"parent":32749,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-32797","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>Memorandum of Understanding Signed - 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\/memorandum-of-understanding-signed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Memorandum of Understanding Signed - LVRTC\" \/>\n<meta property=\"og:description\" content=\"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). \u201cWe are pleased to have reached a shared view on the best way forward for these two outstanding Latvian companies. 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