Tet launches new data centre in Riga, Latvia

Latvian telecommunications company, Tet, previously Lattelecom, has opened its sixth data centre in the country as it looks to grow its data centre operations. The company has spent $1.6 million on construction and installing 60 racks to support increased business demand.

“Tet’s data center market share in Latvia is 30%, and we are the most recognizable data center service provider, moreover, two-thirds of data center services are exported. The Tet Group’s export turnover in the first half of 2021 increased by 46% compared to the same period last year, reaching one-fifth of the total turnover. Integrated IT solutions, including data hosting services in data centers and the cloud, are one of Tet’s most important export directions,” said Uldis Tatarčuks, CEO & Chairman of the Board of Tet.

Established in 2000, Tet’s portfolio has expanded from a single 20 rack facility to 400 racks across six data centres. The company claims it is looking at significant growth, increasing its operations by as much as 15% each year.

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