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Telia Lietuva

Business and Financial Review • Apr 26, 2017

2257_iss_2017-04-26_91d2daee-c653-4ec1-9b98-8c667502cb49.html

Business and Financial Review

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Disclosure 351565

Telia Lietuva, AB - Notification on material event

Telia Lietuva undertakes major network modernisation over the last 10 years

This week Telia Lietuva started its IP network upgrade project. It is the largest upgrade of such extent since 2007 and the second in the history of the Company. The upgrade that will last until the spring of next year will allow increasing Telia Lietuva network capacity and ensuring the potential for the data volume growth in forthcoming five years.

All the Company’s Internet, televisions, telephony, fixed and mobile communication services are provided by using IP network. During the implementation of a EUR 5 million value project, more than 170 communication nodes will changed all over the country. All services provided by using IP network are already successfully tested with the Huawei equipment, which is installed in the network.