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Teo - About the company

Teo is an acquired company based in Vilnius (Lithuania), founded in 1992. It operates as a Fixed-line telecommunication services provider. The company has 5332 active competitors, including 102 funded and 722 that have exited. Its top competitors include companies like Century Link, ViaSat and Ciena.

Company Details

Teo provides fixed-line telecommunication services to the residential as well as business customers in Lithuania. Telia owns around 88% stake in the company. Its owns and operates largest FTTH network in the country. Its services include internet, fixed-line telephone, IPTV, digital TV, and IT services. In 2016, Teo acquired Omnitel (3G mobile services provider) and soon will be merged to become Telia Lietuva.
Website
teo.lt
Social
Facebook
Key Metrics
Founded Year
1992
Location
Vilnius, Lithuania
Stage
Acquired
Ranked
Employee Count
220 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Telia Company (Jun 26, 2012)

Teo's acquisition details

Teo got acquired by Telia Company on Jun 26, 2012.
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Teo's funding and investors

Teo is a funded company. Teo has 1 institutional investor.

Teo's founders and board of directors

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Teo's employee count trend

Teo has 220 employees as of Apr 26. Here is Teo's employee count trend over the years:
Employee count trend for Teo
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Teo's Competitors and alternates

Top competitors of Teo include Century Link, ViaSat and Ciena. Here is the list of Top 10 competitors of Teo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Century Link
Century Link
1930, Monroe (United States), Public
Provider of residential and business communication services, including internet, TV, and phone
$20M
84/100
2nd
Logo for ViaSat
ViaSat
1986, Carlsbad (United States), Public
Provider of satellite based communication services to multiple business verticals
-
77/100
3rd
Logo for Ciena
Ciena
1992, Hanover (United States), Public
Provider of networking systems, automation software, components, and related services
-
76/100
4th
Logo for ACT
ACT
2000, Bengaluru (India), Acquired
Provider of fibre optic broadband, WiFi network, and television services
$2.83M
76/100
5th
Logo for KPN
KPN
1989, Rotterdam (Netherlands), Acquired
Provider of mobile and fixed line telecommunication services
-
75/100
6th
Logo for Orange Polska
Orange Polska
1991, Warsaw (Poland), Public
Provider of telephony, internet, and data transmission services
$2.46B
75/100
7th
Logo for Hathway Cable & Datacom
Hathway Cable & Datacom
1959, Mumbai (India), Acquired
Provider of internet services
-
73/100
8th
Logo for Hyperoptic
Hyperoptic
2011, London (United Kingdom), Acquired
Provider of full fibre optic broadband packages for homes and businesses
$75.5M
72/100
9th
Logo for TurkNet
TurkNet
1996, Kayseri (Turkey), Acquired
Telecom company in Turkey
$27.5M
71/100
10th
Logo for Cogeco
Cogeco
1956, Montreal (Canada), Public
Fiber-optic internet, TV, and fixed-line telephone services provider
-
70/100
2518th
Logo for Teo
Teo
1992, Vilnius (Lithuania), Acquired
Fixed-line telecommunication services provider
-
-
25/100
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Teo's Investments and acquisitions

Teo has acquired Omnitel. Teo has not made any investments as of now.

News related to Teo

Telia Lithuania relocates headquartersTelecompaperMay 17, 2019Teo
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FAQs about Teo

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