Ellex Valiunas has assisted in integrating Omnitel and Baltic Data Center into Telia Lietuva (former Teo Lt).
According to Ellex Valiunas, in 2015, Telia Company started integrating the business operations of Teo Lt, Omnitel and Baltic Data Center. In 2016, the Telia Company's sale of its shares of Omnitel to Teo, which Ellex Valiunas advised on, closed (as reported first in October 9, 2015). This deal, which Ellex Valiunas describes as "one of the biggest transactions in Lithuania’s telecoms market," was followed, the firm now reports, by the second step of the integration: the 2017 merger of Omnitel and Baltic Data Center with Teo Lt and the change of the latter’s name into Telia Lietuva.
