Radar · Telecom in Latvia
Best Telecom Companies in Latvia
The 31 best Telecom companies in Latvia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals.
By Riya SenguptaFinancials
31companies tracked
$0disclosed funding
0unicorns
—have raised
Sources & further reading
- U.S. Telecom Market Projected to Surge Between 2025-2029, Led by AT&T,
- Telecom Market Research Reports – TBR
- Telecom news: API market, Azercell, Nova Scotia’s rural connectivity
FLIAR INTELLIGENCE · TELECOM × LATVIA
Our analysis of 100 Telecom companies
$83.4b in tracked funding; 91% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
100companies analysed
91%cloud-native stacks
2025funding peak (by rounds)
4unicorns
2013median founding year
Ranked: Best Telecom companies in Latvia
| # | Company | Disclosed funding | Revenue | Employees | Founded | Stage | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Lexico Telecom Provider of stable routes and competitive rates for VOIP services | — | $38M FY2022 | 5 | 1999 | Unfunded | WordPressMySQLPHP+18 | — |
| 2 | Baltcom Cable TV, internet, and Telephony services provider | — | $27M FY2022 | 324 | 1991 | Acquired | — | — |
| 3 | Balticom Provider of telephony and internet services for residential & commercial sector | — | $13M FY2022 | 221 | 1999 | Unfunded | PHPNginxCloudflare+13 | — |
| 4 | Tele2 Integrated telecommunication services provider | — | $5M FY2020 | 126 126 → 213 (+69%) | 2000 | Unfunded | PHPTailwind CSSNginx+31 | — |
| 5 | XOtel Wholesale voice and SMS interconnection services provider | — | $5M FY2022 | — | 2006 | Unfunded | PHPUbuntuJW Player+6 | — |
| 6 | Neunet Provider of low-voltage network construction, broadband internet, and telecommunications systems | — | $517K FY2024 | 15 | 2012 | Unfunded | — | — |
| 7 | DolphNet Provider of telephone and internet services | — | $251K FY2024 | 4 | 2019 | Unfunded | — | — |
| 8 | Uriel Technologies Manufacturer offering carrier WiFi, point to point, and point to multipoint microwave radio systems | — | $147K FY2022 | 1 | 2012 | Unfunded | — | — |
Top 1 Telecom companies in Latvia
#1
Funding Raised · Latvia · 501 employees—raised▾
Funding Raised · Latvia · 501 employees
LinkedIn Pulse recent public activity · Jul 2026
Audience: 13k LinkedIn followers — 31.3% of this cohort's audience
Activity: 1 partnerships (incl. Latvijas Nacionlie) announced in 12 mo
Investors
Europa
Tech stack
Alpine.JsAnimate.CssAosApache TomcatAxiosBabel
Funding & investor landscape
$0total disclosed funding
0companies funded
0disclosed rounds
0rounds last 90 days
Most active investors
Prism market signals · Latvia · country-scoped Prism corpus, 447,191 docs
Market landscape — 10 sub-themes by coverage
Share of Telecom coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · Latvia
How research on 5G / 6G Networks is moving in Latvia
A read on the academic research around 5G / 6G Networks — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 12 Latvia-affiliated papers.
top research entities
- Riga Technical University7
- Institute of Mathematics and Computer Science2
- University of Latvia1
- Institute of Solid State Physics1
- Ventspils University of Applied Sciences1
leading researchers
Rafael Puerta · Mahdieh Joharifar · Vjačeslavs Bobrovs · Armands Ostrovskis · Richard Schatz · Anders Djupsjöbacka · Mengyao Han · Deniss Pavlovs
▲
Breakthroughs3 · 25%
0%→0% share
0 median citations100% since 2021mostly methods-led
Breakthroughs are cooling (0%→0% of field), led by Robustness (evolution).
rising sub-themes (early→recent)
- Robustness (evolution)1
- Resonator1
- Sensitivity (control systems)1
- Coupling (piping)1
- Clutter1
Landmark Dual-band electro-optically steerable antenna · 5 cites
◆
Advancements8 · 67%
0%→0% share
2 median citations50% since 2021mostly empirical
Advancements are cooling (0%→0% of field), led by MIMO.
rising sub-themes (early→recent)
- MIMO4
- Electronic engineering4
- Transmission (telecommunications)4
- Telecommunications2
- Beamforming2
Landmark High Spectral Efficiency Long-Wave Infrared Free-Space Optical Transmission With Multilevel Signals · 17 cites
▼
Concerns1 · 8%
0%→0% share
0 median citations100% since 2021mostly empirical
Concerns are cooling (0%→0% of field), led by Crosstalk.
rising sub-themes (early→recent)
- Crosstalk1
- Wearable computer1
- Scalability1
- Scattering1
- Wearable technology1
RESEARCH HOTSPOTS · Latvia
Where 5g 6g is researched across Latvia
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Riga9 · +0.50
Common questions
How many Telecom companies are there in Latvia?
Radar tracks 31 indexable Telecom companies headquartered in Latvia that meet our profile-completeness bar.
What is the total funding raised by Telecom companies in Latvia?
The Telecom companies in Latvia on this list have raised a combined $0 in disclosed equity funding across 0 funded companies.
Which is the highest-funded Telecom company in Latvia?
Funding figures are not yet disclosed for Telecom companies in Latvia.
How many Telecom companies in Latvia are funded?
0 of the 31 Telecom companies in Latvia on this list have disclosed at least one equity funding round.
How many Telecom unicorns are there in Latvia?
None of the Telecom companies in Latvia on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Latvia Telecom companies?
The most active investors in Latvia Telecom companies on this list include Europa.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.