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Tet SIA (Latvia)

Main Activities: Wired Telecommunications Carriers | Wireless Telecommunications Carriers (except Satellite) | All Other Telecommunications
Full name: Tet SIA Profile Updated: March 24, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Russian Download a sample report

Tet SIA is an enterprise in Latvia, with the main office in Riga. The company operates in the Wired Telecommunications Carriers industry. Tet SIA was incorporated on January 09, 1992. It currently has a total number of 1,001 - 5,000 (2024) employees. In 2024, the company reported a net sales revenue increase of 8.66%. During that time, Tet SIA’s total assets grew by 2.57%. The enterprise’s net profit margin increased by 0.46% in 2024.

Headquarters
Dzirnavu iela 105
Riga; Riga; Postal Code: 1011

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Website: http://www.tet.lv

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
January 09, 1992
Key Executives
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Chairman of the Supervisory Board
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Member of Management Board
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Member of Management Board
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Member of Management Board
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Member of Management Board
Ownership Details
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51%
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49%
Subsidiaries
Citrus Solutions SIA
100%
Lattelecom SIA
100%
Latvijas Mobilais Telefons SIA
23%
Company Performance
Financial values in the chart are available after Tet SIA report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net sales revenue
8.66%
Total Operating Revenue
8.45%
Operating Profit
-38.89%
EBITDA
-6.24%
Net Profit/Loss for the Period
18.4%
Total Assets
2.57%
Total Equity
4.16%
Operating Profit Margin
-2.4%
Net Profit Margin
0.46%
Return on Equity (ROE)
0.8%
Quick Ratio
0.12%
Cash Ratio
0.14%

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