Tet should be split up and its telecommunications business sold to the mobile communications company Latvijas mobilais telefons (LMT), which will henceforth be owned equally by the Latvian state and the Swedish company Telia Company (Telia), and the state will retain full ownership of the Tet group's construction company – Citrus Solutions and the electricity trading sector. The next step will be a public offering of at least 20% of LMT shares on the stock exchange (IPO).
