About LMT
LMT is a company based in Latvia. It operates as a Subscription Services, and Direct-to-Consumer (D2C). LMT has completed 4 acquisitions, including DT Mobile, Santa Monica Networks and Santa Monica Networks. LMT offers products and services including Mobile Plans, Home Internet, Smart Devices, and Drone Pilot Training.
- Headquarter Latvia
-
Sectors
RetailTelecommunications
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Latvijas Mobilais Telefons
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$163.44 K (USD), Grant
Dec 01, 2021
- Investors
-
Employee Count
Employee Count
-
Investments & Acquisitions
DT Mobile
& 3 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of LMT
LMT offers a comprehensive portfolio of products and services, including Mobile Plans, Home Internet, Smart Devices, and Drone Pilot Training. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile plans with calls, texts, and internet are offered.
Unlimited home internet without speed or data limits.
Smartphones, tablets, and accessories are sold through e-shop.
Drone pilot training and certification exams are provided.
Unlock access to complete
Funding Insights of LMT
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $163,436
-
First Round
First Round
(01 Feb 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Grant - LMT | Valuation |
investors |
|
| Dec, 2020 | Amount | Grant - LMT | Valuation |
investors |
|
| Sep, 2020 | Amount | Grant - LMT | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in LMT
LMT has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by LMT
LMT has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include DT Mobile, Santa Monica Networks and Santa Monica Networks. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Chain of mobile phone & services retailer stores
|
2006 | ||||
|
Software solutions for museum management are provided by Zetcom.
|
1998 | ||||
|
IT service suite solutions are provided by SMN in Lithuania.
|
1989 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - LMT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lmt Comparisons
Competitors of LMT
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about LMT
Where is LMT located?
LMT is headquartered in Latvia.
What does LMT do?
LMT, known as Latvijas Mobilais Telefons, is established as a prominent mobile telecommunications company in Latvia. Services including mobile plans with calls, texts, and internet are provided alongside unlimited home internet solutions. A wide range of smart devices and accessories are sold through an online e-shop. Additionally, innovative offerings such as drone pilot training and IT system solutions are developed. The company focuses on advancing technologies like 5G internet and VoLTE for enhanced user experience. Operations are primarily centered in the telecommunications sector, catering to both individual and business clients with tailored connectivity solutions.
What products or services does LMT offer?
LMT offers Mobile Plans, Home Internet, Smart Devices, and Drone Pilot Training.
How many acquisitions has LMT made?
LMT has made 4 acquisitions, including DT Mobile, Santa Monica Networks, and Santa Monica Networks.
Who are LMT's investors?
LMT has 1 investor. Key investors include European Union.