Investments

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Bité is the second largest mobile operator in Lithuania and operates the number three mobile network in Latvia.

Bite building content page 710 x 240

 

 

Country: Lithuania and Latvia
Industry: Mobile telecommunication
Investment Date: February 2007
Exit Date: December 2015
Fund: Fund II
Websites: www.bite.lt / www.bite.lv

In February 2007, Mid Europa, together with executives and directors, acquired 100% of Baltic mobile operator Bité. The company is the number two mobile operator in Lithuania by revenue, and the number three operator in Latvia, with a total subscriber base of approximately 1.4 million subscribers.

The Fund's stake in Bite was sold to Providence in December 2015.