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References
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Lietuvos Telekomas in Lithuania
In 1998 the Lithuanian national operator, Lietuvos Telekomas (LT) opened the door to privatisation and change. Swedtel coordinated the successful Telia/Sonera bid for a 60% stake in the company, from pre-qualification through to due diligence and final bid.
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Minimizing risks was important to Telia; Maud Frisk, then responsible for Telia’s investments in the Baltic region had confidence in Swedtel’s “solid strategic development programme and profitable business plan”.
Merging corporate cultures
Signing contracts is only the beginning of achieving lasting
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...“solid strategic development programme and profitable business plan”
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results. Through Sontel, a Telia/Sonera consortium, Swedtel led the operational and cultural transformations required to turn LT into a customer-driven, market-oriented and technologically advanced operator.
“LT’s development has been facilitated by clear objectives and action plans provided by Sontel,” says Tapio Paarma, General Manager and President of AB Lietuvos Telekomas. At a time of rapid change, clarity of action and conflict mitigation are essential. Swedtel provided a consistent profile in Sontel’s dealings with LT by integrating Telia and Sonera’s interests and requirements seamlessly.
Knowledge transfer
The corporate development of LT has been achieved by empowering its management and staff with new knowledge, perspectives and procedures. Swedtel provided the management resources, consultants and training to help LT develop successful long-term strategies and daily operating procedures. When required, we delivered turnkey solutions, including customer care, billing and network improvements.
“As a result of working closely with Swedtel, LT staff are well prepared to take over the management and day-to-day operations of the company. The transfer of knowledge from Swedtel has increased LT’s efficiency.” concludes Tapio Paarma.
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Swedtel International AB, Box 24 208, 104 51 Stockholm,
Sweden. Phone +46 8 688 11 00, Fax +46 8 318 319.
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