Hrvatski Telekom d.d.
TypePublic Subsidiary
ZSE: HT
ISINHRHT00RA0005 Edit this on Wikidata
IndustryTelecommunications
Founded28 December 1998 (1998-12-28)
Headquarters
Zagreb
,
Croatia
Key people
Kostas Nebis (CEO)
ProductsFixed telephony
Mobile telephony
Broadband Internet
IT Services
RevenueHRK 7,783 million (2018)[1]
HRK 1,039 million (2018)[1]
Total assetsHRK 16,031 million (31 Dec 2018)[1]
Number of employees
5,698 (FTE) (2018)[1]
ParentDeutsche Telekom
Websitewww.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]

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

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".
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