Latvia: JPMorgan to advise on Tet, LMT buyout

A consortium led by US-based JPMorgan will advise on the Latvian state’s buyout of Swedish telecommunications group Telia’s shares in the Latvian telecommunications companies, Tet and Latvijas Mobilais Telefons (LMT), BNS reports. Under the agreement, the consortium, which besides JPMorgan includes A&O Shearman, Deloitte, Hardiman Telecommunications, TEGOS, and WALLESS, will advise Latvia’s state-owned energy group, Latvenergo,…

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Latvia: State institutions suffer major DDoS attack

Websites of several state institutions in Latvia were hit by a major distributed denial-of-service (DDoS) attack on the morning of 2 October 2025, according to the Latvian State Radio and Television Centre (LVRTC), LSM reported. The attack disrupted the websites of e-government portal Latvija.lv, electronic signature service eParaksts, the State Revenue Service (VID), the Cabinet…

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Latvia: Regulator halts LVRTC’s mobile telephony services tender

Latvia’s Procurement Monitoring Bureau (IUB) has barred the state-owned provider of electronic communication services, Latvian State Radio and Television Centre (LVRTC), to continue procurement and sign contracts for mobile telephony services, LETA reports. IUB told LVRTC to change the procurement rules. Earlier, mobile telecommunications operator Bite Latvija complained about the terms of LVRTC’s procurement, saying…

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