Telecommunications companies doing well, despite the occasional meteorite

  • 2011-11-17
  • By Marta Zila
RIGA - “Latvians are not very chatty people, but they sure do love to talk on the phone,” says Liga, a student from Ventspils, with a big smile. “I, for example, cannot imagine my life without a cell phone.”The first telephone center started working in Latvia as far back as 1882. It was built in Riga, and phone centers in other parts of the country soon followed. The current telecom market has been shaped by Latvia’s ascension to the European Union and EU regulatory framework for communications. Although Latvia’s economy contracted in 2008 as a re...
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