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Saturday 23.06.2018 | Name days: Līga

Estonian Mail.ee acquired by Latvian Inbox.lv

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RULatvian internet portal Inbox.lv has acquired the Estonian Mail.ee. Up until now Inbox.lv has been working mainly in Latvia and more recently in Lithuania, under Inbox.lt. After this recent acquisition, the total worth of the e-mail service in all three Baltic States will exceed EUR 1.7 million.

Mail.ee services in Estonia had been created and maintained by Tele 2 Eesti, which has decided to sell the e-mail service in order to focus on the company’s main services – telecommunications, as mentioned in the company’s announcement. Currently Mail.ee has more than 400,000 user accounts.

The six-digit amount of money this deal has cost the company is confidential and is not to be disclosed.

«This deal will benefit users, Tele2 and Inbox.lv, for whom this will serve as the foundation for expansion into Estonia,» – said Estonia Tele2 manager Argo Virkenbaus.

«This was one of long-term goals of Inbox.lv – develop a wide foundation of users in Latvia and then expand further into Baltic States. As leader in Latvia, we have been studying opportunities in Estonia for a long time, hoping to enter this region,» – says Chairman of Inbox.lv Andris Grikis.

According to Grikis, users of Mail.ee have already benefited from the deal. For example, storage space has been increased to 20 GB. In addition to that, it is now possible to send letters up to 50 MB big. Communication and other functions have also been improved. In addition to that, users of Mail.ee will be provided with a mobile app for checking e-mails next year.

The turnover of Inbox.lv was EUR 2,706 million in 2013.

Ref: 102.109.109.6345


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