TEO LT, AB - Notification on material event

Teo streamlines its DVB-T rebroadcasting

From 1 July 2016, Teo renounces services of the second network of Lithuanian
Radio and Television Center (LRTC-2) and surrenders the license for
rebroadcasting of TV channels using that network. At the same time, Teo
increases capacity of its digital terrestrial broadcasting (DVB-T) network.
Implementation of new technologies will allow up to 30 per cent more
efficiently use digital flow and to transfer majority of TV channels from
LRTC-2 network to Teo network. 

On 23 March 2016, Lithuanian Radio and Television Commission approved the
surrender of the licence for rebroadcasting using LRTC-2 network and changes to
rebroadcasting conditions as concert of Lithuanian Radio and Television Center
was received. 

From 2009, Teo has a license for rebroadcasting of paid digital terrestrial
television (DVB-T) programs and right to rebroadcast them using LRTC-2 network
of transmitters. However, over the last three years DVB-T market in Lithuania
has shrunk by a third, while costs of rebroadcasting remained unchanged,
therefore it was decided to use more efficiently own network of Teo transmitter
and surrender one of the currently held rebroadcasting licenses. 

Digital terrestrial television programs that are available all over the
Lithuania are rebroadcasted using 4 networks: Teo and Lithuanian Radio and
Television Center owns 2 networks each. 




         Audrius Stasiulaitis,
         Spokesperson,
         tel. +370 5 236 7019