Hrvatski Telekom

Last updated
Hrvatski Telekom d.d.
Company type Public Subsidiary
ZSE:  HT
ISIN HRHT00RA0005  OOjs UI icon edit-ltr-progressive.svg
Industry Telecommunications
Founded28 December 1998;25 years ago (1998-12-28)
Headquarters
Zagreb
,
Croatia
Key people
Kostas Nebis (CEO)
Products Fixed telephony
Mobile telephony
Broadband Internet
IT Services
Revenue HRK 7,783 million (2018) [1]
HRK 1,039 million (2018) [1]
Total assets HRK 16,031 million (31 Dec 2018) [1]
Number of employees
5,698 (FTE) (2018) [1]
Parent Deutsche Telekom
Website www.hrvatskitelekom.hr

Hrvatski Telekom d.d. is a Croatian telecommunications company. Since its initial public offering in October 2007, T-Hrvatski Telekom shares have traded on the Zagreb Stock Exchange, with global depositary receipts trading on the London Stock Exchange until 2014. [2] As of 2016, Deutsche Telekom AG owned 51% of T-HT's shares, with the Raiffeisen Mandatory Pension Funds, Croatian War Veterans’ Fund and the Croatian government's Restructuring and Sale Center holding 8.9%, 6.7% and 2.9% respectively. The remaining free float was in the hands of private investors. [3]

Contents

The company offers fixed telephony, broadband internet, IPTV, and mobile telephony as its main services.

History

The company was founded on 28 December 1998 after the separation of the Croatian Post and Telecommunications into two entities: Croatian Post and Croatian Telecom, which started their business operations on 1 January 1999.

In October 1999, Deutsche Telekom purchased a 35% stake in Hrvatski Telekom for $850 million and in 2001 purchased an additional 16% stake in Hrvatski Telekom which combined was a 51% stake. [4]

In 2002, HT-mobilne komunikacije d.o.o. (later T-Mobile Croatia d.o.o.) was registered as a separate company, a subsidiary owned by Hrvatske telekomunikacije d.d., in order to provide mobile telephone services. [5]

In 2010, an independent business department for inpatient and mobile communications were combined under the auspices of Hrvatski Telekom. Previously, the mobile connection appeared on the market along with the Cronet mobile network as an independent subsidiary of Hrvatski Telekom Mobile, and from October 2004 as a T-Mobile Croatia. At the end of 2011, the company reported for sale by 8.067 billion with 6399 employees. To reach HRK. [6]

Subsidiaries

Related Research Articles

<span class="mw-page-title-main">T-Mobile International AG</span> Brand of telecommunications service by Deutsche Telekom

T-Mobile is the brand name used by some of the mobile communications subsidiaries of the German telecommunications company Deutsche Telekom AG in the Czech Republic, Poland and the United States.

<span class="mw-page-title-main">Deutsche Telekom</span> Telecommunications company

Deutsche Telekom AG is a German telecommunications company headquartered in Bonn and is the largest telecommunications provider in Europe by revenue. It was formed in 1995 when Deutsche Bundespost, a state monopoly at the time, was privatized. Since then, Deutsche Telekom has consistently featured among FortuneMagazine's top Global 500 companies by revenue, with its ranking as of 2023 at number 79. In 2023, the company was ranked 41st in the Forbes Global 2000. The company operates several subsidiaries worldwide, including the mobile communications brand T-Mobile. It is the world's fifth-largest telecommunications company by revenue.

<span class="mw-page-title-main">OTE</span> Greek telecommunication company

Hellenic Telecommunications Organisation S.A. is the largest technology company in Greece. It is one of the three largest companies listed in the Athens Stock Exchange, according to market capitalization.

<span class="mw-page-title-main">Magyar Telekom</span> Hungarian telecommunications service

Magyar Telekom Nyrt. is one of the leading Hungarian telecommunications service provider company. It is a subsidiary of Deutsche Telekom.

Western Wireless Corporation was a cellular network operator that provided mobile telecommunications service to subscribers in 19 western states in the United States, and seven other countries. Western Wireless marketed analog cellular service under the CELLULAR ONE brand in 88 FCC-defined rural service areas and digital PCS service under the VoiceStream brand in 19 FCC-defined metropolitan service areas. At its peak in 2004, Western Wireless provided service to 1.4 million domestic subscribers. Western Wireless obtained additional revenue from the international operations of its Western Wireless International Corporation subsidiary, which was licensed to provide wireless communications services in seven countries to a total of 1.8 million subscribers.

<span class="mw-page-title-main">Crnogorski Telekom</span> Telecommunication company in Montenegro

Crnogorski Telekom is the leading telecommunications operator based in Podgorica, Montenegro. It is the largest telecommunications company in Montenegro and provides fixed-line, mobile, IPTV, internet, ICT and cloud services.

<span class="mw-page-title-main">Dialog Axiata</span> Sri Lankan telecommunications company

Dialog Axiata PLC, is one of Sri Lanka's largest telecommunications service providers, and the country's largest mobile network operator with over 17 million subscribers which amounts to 57% of the Sri Lankan mobile market. Dialog is a subsidiary of Axiata Group Berhad which owns 83.32% controlling stake of the company, while the rest is held by the public.

Yettel Serbia is a Serbian mobile, fixed, internet and IPTV provider, owned by the Czech investment group PPF. It is headquartered in Belgrade. As of 2020, it is the second largest mobile telephony operator with market share of 36.98%.

<span class="mw-page-title-main">Telekom Srbija</span> Serbian telecommunication company

Telekom Srbija a.d. Beograd is a Serbian state-owned telecommunications operator. It was founded in May 1997 as a joint-stock company, by spinning off the telecommunications business from PTT Srbija. In April 2015, Telekom Srbija started providing all services in Serbia under the mts brand.

<span class="mw-page-title-main">Mtel Bosnia and Herzegovina</span>

Telekomunikacije Republike Srpske a.d. Banja Luka, doing business as m:tel, is a telecommunications company based in Banja Luka, Republika Srpska, Bosnia and Herzegovina. The company is owned by Telekom Srbija, and is the second largest telecommunications company in Bosnia and Herzegovina and the biggest one listed on the Banja Luka Stock Exchange, with the market capitalisation of about 540 million euros.

<span class="mw-page-title-main">A1 Telekom Austria Group</span>

A1 Telekom Austria Group is a provider of a range of fixed-line, broadband Internet, multimedia services, data, and IT systems, wholesale as well as mobile payment services. It is a subsidiary of Mexican telecommunications conglomerate América Móvil since 2014, and its headquarters are in Vienna. The company operates subsidiaries in seven European countries: Austria, Belarus, Bulgaria, Croatia, North Macedonia, Serbia, and Slovenia. Its largest subsidiary is the Austrian telecommunications provider A1 Telekom Austria.

MIG Holdings S.A. is a Greek investment company. It has acquired several companies and has changed name several times since. In 2004 it took the name Marfin Financial Group following the triple merger of Comm Group, Marfin Classic Α.Ε.Ε.Χ and Maritime and Financial Investments.

HT Eronet, doing business as JP Hrvatske telekomunikacije d.d. Mostar, is a telecommunications company in Bosnia and Herzegovina. The company was created on after separating Hrvatska pošta Mostar and Hrvatske telekomunikacije (HT).

COSMOTE MOBILE TELECOMMUNICATIONS known as just Cosmote is the largest mobile network operator in Greece. The company is headquartered in Athens and is a fully owned subsidiary of the Hellenic Telecommunications Organization (OTE), the incumbent telecommunications provider in Greece. COSMOTE has developed business operations in two other Southeast Europe countries through subsidiaries: Telekom Albania and Telekom Romania, addressing an extended market of 45 million people. In all three countries COSMOTE counts approximately 35.6 million customers.

The Internet in Croatia became a reality in November 1992 when the first international connection linking Zagreb and Vienna became operational.

<span class="mw-page-title-main">Makedonski Telekom</span> Telecommunications company in North Macedonia

Makedonski Telekom AD is a telecommunications company in North Macedonia with headquarters in Skopje. It is part of the Magyar Telekom Group, which is a fully consolidated subsidiary of international Deutsche Telekom Group. It offers a range of telecommunications and entertainment services, such as telephone services, a range of internet access services including broadband internet, entertainment IPTV products and operates the national telephone network.

Gibtelecom is the largest telecommunications provider in the British overseas territory of Gibraltar. Its headquarters is located on John Mackintosh Square.

Iskon Internet was an ICT company with headquarters in Zagreb, Croatia. Other than being an Internet provider, Iskon provides fixed line telephone and IPTV access, thus offering full triple play service.

<span class="mw-page-title-main">Telekom Slovenije</span>

Telekom Slovenije d.d. is a telecommunications company based in Slovenia, with its headquarters in Ljubljana.

References

  1. 1 2 3 4 "financial statements 2018".
  2. ↑ Hrvatski Telekom - Request to LSE to delist GDRs and cancel trading, Investegate.co.uk
  3. ↑ "Annual Report 2016". T-Hrvatski Telekom. Retrieved 2019-12-17.
  4. ↑ Prasad, Ravi R. (20 March 2002). Feature: Trouble at Deustche Telekom. United Press International (UPI). Retrieved 6 July 2021.
  5. ↑ ""Telekom stockt Beteiligung in Kroatien auf"". Handelsblatt. 25 October 2001.
  6. ↑ "Naslovnica".
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.