LMT (, 'Latvian Mobile Telephone') is a mobile GSM/UMTS/LTE operator in Latvia.
History
LMT was founded on January 2, 1992. It was the first mobile network operator in the country and established itself as an operator for the NMT system, but in January 1995 it started operating a GSM network alongside the existing NMT network. Based on market research, it requested for its license to be expanded to permit the use of the 1800 MHz range, which was allowed in the summer of 1999. On December 1, 1999, there were 14 active GSM 900/1800 base stations, with the plan to have 11 more operational before the end of the millennium.
LMT announced on April 3, 2000 that it was partnering with Hansabank to release the first ever mobile banking solution in the country. It allowed the user to, for example, look up currency rates, check the account balance, see the transactions done on the account and receive text messages notifying about actions done on the account. The account holder was able to choose how often those notifications should arrive with the options ranging from monthly up to after each action takes place. It was also noted right away that there are plans to provide a method for making payments via mobile banking as that was not initially possible saying that this marks the start of a new generation of services.
In November 2000, LMT started a prepaid service called OKarte (OCard) along their existing subscription based service. The cooperation with Hansabank was continued by allowing the prepaid accounts to be instantly refilled from any Hansabank ATM. On October 7, 2013, the prepaid service was merged with the LMT branding and renamed to LMT Okarte.