Lithuania’s telecom giant Telia Lietuva saw its market value surge past the €1bn mark for the first time last week after announcing the launch of its next-generation 5G mobile network for testing in Lithuania in the first fortnight of November.
The price of the company's shares has sprung by 5.3% since the launch of the network on November 10.
Data from the Nasdaq Vilnius Stock Exchange show that Telia Lietuva surpassed the €1bn mark for the first time on November 16.
Telia Lietuva's stock be...
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