Lithuanian incumbent telco TEO LT has begun the installation of a fibre-to-the-home (FTTH) network which will enable customers to enjoy access to the internet at speeds of up to 1Gbps. Over three years, TEO LT will invest more than LTL100 million (USD38.9 million) in the new optical infrastructure. The optical converter required to connect to the new network will be installed at the customer’s premises free of charge. Subscribers in the capital city Vilnius will be the first to benefit from the high speed service, later this month, followed by users in other large cities soon afterwards. According to TeleGeography’s GlobalComms database, TEO LT is the only major player in the Lithuanian broadband market, and enjoyed a market share of 50% at the end of March 2007, with 201,000 DSL subscribers.