Hrvatski Telekom

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Hrvatski Telekom d.d.

Type	Public
Traded as	ZSE: HT
Industry	Telecommunications
Founded	1998
Headquarters	Zagreb , Croatia
Key people	Kostas Nebis (CEO)
Products	Fixed telephony Mobile telephony Broadband Internet IT Services
Revenue	HRK 7,783 million (2018)[1]
Net income	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, Hrvatski Telekom shares have traded on the Zagreb Stock Exchange, with global depositary receipts trading on the London Stock Exchange. As of 2016, Deutsche Telekom AG owned 51% of 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.^[2]

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.^[3]

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.

Subsidiaries[]

• Iskon Internet
• Combis
• Evo TV
• Crnogorski Telekom (Montenegro)
• HT Eronet (Bosnia and Herzegovina)

References[]

External links[]

• Official web site
• Official corporate web site