Wednesday, July 14, 2004

Midweek

Its midweek. Stories being worked on -- the sale of Latvia's second largest cable TV operator Telia MultiCom by Telia Sonera to what appears to be a single local investor. Telia MultiCom claims around 75000 subscribers. Unlike number one rival Baltcom, it has decided not to go ahead with digital cabe TV. Baltcom is going all digital.
The guy reportedly buying TeliaMultiCom is not known in cable TV circles, so it could be the rumored management buyout followed by a quick sale to a major Russian cable operator that has been rumored earlier. We shall see.
Also doing a piece on Transcom, the CRM contact center company, expanding its business in Latvia.

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