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HT Eronet

JP Hrvatske telekomunikacije d.d. Mostar, doing business asHT Eronet, is atelecommunications company inBosnia and Herzegovina. The company was created on after separatingHrvatska pošta Mostar (HP Mostar) and Hrvatske telekomunikacije (HT).

JP HT d.d. Mostar
Company typeJoint-stock company
SASE:HTKMR
IndustryTelecommunications
Founded1 January 2003; 22 years ago (2003-01-01)
HeadquartersKneza Branimira bb,
88000Mostar
,
Key people
v.d. Goran Kraljević(General director)
ProductsMobile telephony
Fixed telephony
Broadband internet
IPTV
IT andnetwork services
Revenue€100,22 milion (2022)
OwnerFederation of Bosnia and Herzegovina (50%)
Hrvatski Telekom (39%)
Number of employees
1,345 (2022)
Websitehteronet.ba

History

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HT Mostar was founded on 1 January 2003. Based on Company reorganization on 24 November 2006, HT Mobilne d.o.o. merged with HT Mostar thus becoming an integral part of the public company HT d.o.o. Mostar.[1]On 1 April 2009, the Assembly of the Company passed a decision on the re-registration of the Company from a limited liability company to a joint stock company. The re-registration was made on 8 June 2009, and the shares of the Company were listed on theSarajevo Stock Exchange.

The three main TLC operators inBosnia and Herzegovina have strong links to political parties. In 2003, anOHR-mandated audit revealed that BH Telecom, RS Telekom and HT Mostar suffered substantial misure of funds, corruption and mismanagement, with a total loss of USD 57 million in 2002. Pressure for reform was raised by the public revelation of high salaries and financial support to political parties.[2]

In 2010, a U.S. cable defined Eronet and HT Mostar asHDZ BiH's "traditional cash cow", noting how "AsFederation Minister of Finance in 1999,Čović helped arrange the transfer of Eronet to three private companies owned by HDZ BiH interests. Stipe Prlić, as HT Mostar's General Manager, challenged the privatization in court and won, arguing that the Federation government had not authorized it. Čović has fought Prlic's reappointment ever since."[3][4]

Owner structure

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HT Eronet owners are:Government of the Federation of Bosnia and Herzegovina (FBiH) (50.10%),Hrvatski Telekom (HT) (39.10%),Hrvatska pošta (HP) (5.23%) and small shareholders (5.57%).[citation needed]

References

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External links

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