Teo LT
Encyclopedia
Teo LT is a telecommunications company in Lithuania
Lithuania
Lithuania , officially the Republic of Lithuania is a country in Northern Europe, the biggest of the three Baltic states. It is situated along the southeastern shore of the Baltic Sea, whereby to the west lie Sweden and Denmark...

, owned in part by the TeliaSonera
TeliaSonera
TeliaSonera AB is the dominant telephone company and mobile network operator in Sweden and Finland. The company has operations in other countries in Northern, Eastern Europe, Central Asia and Spain, with a total of 150 million mobile customers...

 group. Teo LT is the largest landline phone operator in Lithuania (monopolist until 2003). They also sell access to Internet and television.

In December 2006 Teo LT announced, it has signed a letter of intent with the shareholders of UAB Mikrovisatos TV - a leading internet and cable TV-provider in Lithuania. The deal With Mikrovisatos TV ceased at the end of February.

Teo LT and its subsidiary Lintel are the main sponsors of women's basketball clubs from Vilnius
Vilnius
Vilnius is the capital of Lithuania, and its largest city, with a population of 560,190 as of 2010. It is the seat of the Vilnius city municipality and of the Vilnius district municipality. It is also the capital of Vilnius County...

: BC Teo and BC Lintel-118. They also provided the funding required to send the Lithuanian representatives to Eurovision Song Contest 2010
Eurovision Song Contest 2010
The Eurovision Song Contest 2010 was the 55th annual Eurovision Song Contest, broadcast from the Telenor Arena in Bærum, Greater Oslo, Norway. It was the third time Norway had hosted the contest, having previously done so in 1986 and 1996. The 2010 winner was Germany with Lena singing "Satellite",...

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