About Teo
Teo is a company based in Vilnius (Lithuania) founded in 1992 was acquired by Telia Company in June 2012. Teo has completed 1 acquisition, including Omnitel. Teo operates in a competitive market with competitors including KPN, Hong Kong Broadband Network, Orange Polska, Cogeco and British Telecom, among others.
- Headquarter Vilnius, Lithuania
- SectorsTelecommunications
- Website teo.lt
- Social LinkedIn Facebook
- Acquired by Telia Company (Jun 2012)
- Investors
- Investments & Acquisitions
- Acquired byTelia Company
(Jun 2012)
Investors in Teo
Teo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Telia Company.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Integrated telecom and TV services are offered to Swedish customers. | 1853 | teliacompany.com | Solna, Sweden |
Investor details for Teo
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Investments & Acquisitions by Teo
Teo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Omnitel.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Mobile internet services are provided across Lithuania by Omnitel. | omnitel.lt | Vilnius, Lithuania | 1995 | Jan 2016 | $237M |
Complete acquisition details for Teo
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Timeline of Teo
3 dated milestones of Teo across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Teo is founded.
- Exit Acquired by Telia Company.
- Acquisition Acquires Omnitel.
Competitors of Teo
Teo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KPN, Hong Kong Broadband Network, Orange Polska, Cogeco and British Telecom, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kpn.com | 1989 | The Hague, Netherlands | – | 13,275 | Mobile and fixed-line telecommunication services are provided across Europe. | |
| hkbn.net | 1999 | Hong Kong, China | $200M | – | Provider of fibre optic broadband internet services | |
| orange.pl | 1991 | Warsaw, Poland | $2.46B | – | Telephony, internet, and data transmission services are provided in Poland. | |
| cogeco.ca | 1956 | Montreal, Canada | – | – | Fiber-optic internet, TV, and fixed-line telephone services provider | |
| bt.com | 1981 | London, United Kingdom | – | 97 | Provider of mobile phones and fiber broadband services for home & business | |
| rogers.com | 1935 | Toronto, Canada | $1M | 24,500 | Wireless, TV, internet, and media services are provided across Canada. | |
| ciena.com | 1992 | Hanover, United States | – | 412 | Cloud-based network management software is provided for infrastructure planning. | |
| centurylink.com | 1930 | Monroe, United States | – | 25,928 | Datacenter colocation, communication technology, and managed services are provided. | |
| fpt.vn | 1997 | Hanoi, Vietnam | $36.5M | – | Broadband internet, IPTV, and data services are offered in Vietnam. |
Detailed competitors of Teo
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Web traffic of Teo
Websites that share an audience with Teo (teo.lt).
Websites whose visitors overlap most with Teo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| yoigo.com | 100% | 1.4M | #43,840 | View details | |
telia.dk | telia.dk | 100% | – | #357,566 | – |
| geocell.ge | 100% | – | – | View details | |
emt.ee | emt.ee | 100% | – | – | – |
netcom.no | netcom.no | 100% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for Teo
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Latest news on Teo
Complete news archive for Teo
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- Older coverage
- Brand-specific news history
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Similar companies to Teo
10 companies that operate in the same segment as Teo (Telecom Operators), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
MTN Group is recognized as a leading telecommunications provider in Africa. | 1994 | Johannesburg, Gauteng, South Africa | USD 7.05 M | USD 13.7 B | – | |
Global telecommunications company | 1995 | Delhi, Delhi, India | USD 292 M | USD 4.86 B | 4,250 | |
Telephony, internet, television, and network-based ICT services are provided. | 1994 | Brussels, Brussels-capital Region, Belgium | – | USD 7.08 B | 11,634 | |
Mobile telecommunications, internet, and energy services are provided globally. | 1981 | Tokyo, Tokyo, Japan | – | USD 44.14 B | 74,952 | |
Mobile internet, TV, and telecommunication services are provided. | 1876 | Dallas, Texas, United States | – | USD 125.65 B | 140,990 | |
Mobile internet services are provided for homes and offices. | 1981 | North Ryde, New South Wales, Australia | USD 19.72 M | – | – | |
Sky is recognized as a provider of TV, broadband, and mobile services. | 1990 | Isleworth, England, United Kingdom | – | – | 31,000 | |
Mobile and fixed-line telecommunication services are provided across Europe. | 1989 | The Hague, South Holland, Netherlands | – | USD 6.82 B | 9,660 | |
Provider of integrated telecommunication services | 1984 | Seoul, South Korea | – | USD 11.84 B | 5,490 | |
Integrated telecom and IPTV services are provided to Canadian customers. | 1874 | Vancouver, British Columbia, Canada | – | USD 14.86 B | 106,800 |
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Frequently Asked Questions about Teo
Teo was founded in 1992.
Teo is headquartered in Vilnius, Lithuania.
Teo was founded in 1992 and operates in the telecommunications sector, focusing on fixed-line services for residential and business users in Lithuania. The company is headquartered in Vilnius and maintains the countrys largest FTTH network. Services offered include internet access, fixed telephony, IPTV, digital TV, and IT solutions. An 88 stake is held by Telia, with Omnitel acquired in 2016 ahead of a merger into Telia Lietuva.
Teo has made 1 acquisition, including Omnitel.
Teo has 1 investor. Key investors include Telia Company.
Yes. Teo was acquired by Telia Company in June 2012.