Aiva Strelca, Author at TeckNexus

5G, IoT

LMT Group completes strategic pivot, transforming from telco operator to technology company

Tech News & Insight

December 17, 2025

Latvian telco operator and mobile innovator LMT completes strategic pivot, transforming from telco operator to technology company – LMT Group. The transformation was kicked off at the launch of IoT Shortcut, the world’s smallest mobile data module for sensor equipment and LMT Group’s latest product. As explained by Ingmars Pukis, LMT’s VP & Member of the Management Board, LMT’s shift from telco into a broad-scope technology companies ecosystem has been driven by limited market opportunities, the team’s historical engineering DNA, and the introduction of 5G and its capabilities, among other factors. The Group now comprises several companies and branches, including LMT IoT, LMT Defence, LMT Systems, LMT Retail & Logistics, LMT Finance, LMT Innovations, and Santa Monica Networks.

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