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RIGA Nike Air Max TN Pas Cher , Aug. 10 (Xinhua) -- Latvia is mulling over arecommendation to merge its two leading telecommunicationscompanies, Lattelecom landline operator and Latvijas MobilaisTelefons (LMT) mobile operator, and to list the newly-createdcompany on a stock exchange.


KPMG Baltics (KPMG) audit firm presented its recommendationsregarding the two companies at a news conference in Riga onThursday.


The authors of the KPMG report note that as a result oftechnological development, operators' revenue from conventionaltelecommunications services like voice telephony has been droppinglately and that in Latvia this process has been even faster thanelsewhere in Europe.


"Average revenue per user in the mobile services industry hasdeclined both across Europe and in Latvia. The process has beencaused by product bundling and other factors, such as cuttingroaming fees," said KPMG consultation services director EvijaMiezite.


Furthermore, Latvia is currently the only European country thatstill has not seen a consolidation of telecommunicationsoperators.


Upon analyzing eight possible scenarios for the twotelecommunications operators' future Nike Air Max 98 Pas Cher , KPMG advisers recommendedmerging Lattelecom and LMT as the best solution.


The report also recommends change on the ownership structure,said Vladimirs Loginovs, the head of the Latvian PrivatizationAgency, at the news conference.


"It has been proposed to create an integrated flagshiptelecommunications enterprise that could potentially become thelargest telecommunications operator in the Baltics with a balancedshareholder structure. An IPO might be organized after the merger,"Loginovs said.


The Latvian government and the telecoms' other shareholder,Scandinavian company TeliaSonera, have been advised to reduce theirholdings in the integrated company to 35 percent each and to listthe remaining 30 percent of shares to attract private shareholdersand retirement funds.


KPMG believes that the merger would boost the companies'competitiveness and save money. The economic effect might reach upto 100 million euros (117 million U.S. dollars) in a few years'time Nike Air Max 2017 Pas Cher , the consultant said.


On Tuesday, the government ordered the Privatization Agency towork out a strategy for further actions with the government-ownedLattelecom and LMT shares by Oct. 5 2017. Enditem


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Police sources here said that six residences were raided Thursday, including the