Tet (styled as tet, previously Lattelekom and Lattelecom) is a Latvian internet service provider, telecommunications, technology and entertainment company. Since 2017, it also is an electricity service provider. The Tet Group provides IT, telecommunication and outsourced business process solutions that are provided by the five companies of the group SIA Tet, Lattelecom BPO, Citrus Solutions and Lattelecom Technology with its subsidiary Baltic Computer Academy (, BDA). The Lattelecom Group is the leading provider of electronic communications services in Latvia that offers electronic communication solutions for home, small and medium size businesses, state and municipal institutions, as well as for corporate clients. 51% of Tet shares are owned by the Latvian government, but the remaining 49% by the Scandinavian company Telia Company. Tet in turn owns 23% of the Latvian mobile operator's LMT shares. History Origin The Latvian state-owned State Company Tet () was registered with the Register of Enterprises of the Republic of Latvia on January 9, 1992. Its origins were based on the leftover local infrastructure and services previously operated by the Soviet Ministry of Communications. Nearly two years later – on December 22, 1993, the Cabinet of Ministers of the Republic of Latvia approved the commissions decision to announce the British and Finnish consortium TILTS Communications the winner of the tender „On the modernisation of Latvia’s telecommunications network”, and the company became a strategic investor in Lattelekom. On January 14, 1994, the agreement with TILTS Communications was concluded and SIA Lattelekom established. As a result of privatisation 49% of the company's shares were procured by two foreign investors Cable and Wireless and Telecom Finland which later became a part of the Swedish telecommunications company TeliaSonera AB. Cable and Wireless later sold its shares to TeliaSonera, as a result of which 51% of the company's shares are presently owned by the Latvian government, but 49% by TeliaSonera. Until January 1, 2003, the company held monopoly on fixed voice communication services thereby turning into the leading fixed telephony operator. Monopoly Until relatively recently, Lattelecom had a monopoly rights on fixed-line voice communications in Latvia, which ended on January 1, 2003. The Latvian fixed telecommunications market is now open to competition but Lattelecom still has an overwhelming share of the market, and the company is also one of leading internet service providers in Latvia and is one of the owners of Latvijas Mobilais Telefons, Latvia's largest cell phone operator. First rebrand