HT Mostar
Encyclopedia
HT is a telecommunications company based in Mostar
, Bosnia and Herzegovina
. It is one of the three official telecommunications operators in the county along with BH Telecom
and Telekom Srpske
. The owners of the company include the Federation of Bosnia and Herzegovina
, T-Hrvatski Telekom
and Hrvatska Pošta
in Croatia
.
The company underwent two phases of privatization. In the first phase (2003) the company was privatized between the government and two outside owners, the public company T-Hrvatski Telekom
and foreign government-owned business Hrvatska Pošta
, both from Croatia
. In the second phase (2009) the company was reorganized as a public company and listed at SASE
with government still owning most stock. The effect is that governance of the company is split between large stakeholders, with Bosnian Croat officials governing the company and appointing management on behalf of the Federal government.
The main activity of HT includes provision of telecommunication services on the local, state and international levels, in the following fields:
HT also provides mobile telephony through its subsidiary ERONET.
Mostar
Mostar is a city and municipality in Bosnia and Herzegovina, the largest and one of the most important cities in the Herzegovina region and the center of the Herzegovina-Neretva Canton of the Federation. Mostar is situated on the Neretva river and is the fifth-largest city in the country...
, Bosnia and Herzegovina
Bosnia and Herzegovina
Bosnia and Herzegovina , sometimes called Bosnia-Herzegovina or simply Bosnia, is a country in Southern Europe, on the Balkan Peninsula. Bordered by Croatia to the north, west and south, Serbia to the east, and Montenegro to the southeast, Bosnia and Herzegovina is almost landlocked, except for the...
. It is one of the three official telecommunications operators in the county along with BH Telecom
BH Telecom
BH Telecom is a leading telecommunication company in Bosnia and Herzegovina.It was established in 1992, and was the first company in Bosnia and Herzegovina to provide GSM, 3G, IPTV, and many other services...
and Telekom Srpske
Telekom Srpske
Telekom Srpske is a telecommunications company based in Banja Luka, 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...
. The owners of the company include the Federation of Bosnia and Herzegovina
Federation of Bosnia and Herzegovina
The Federation of Bosnia and Herzegovina is one of the two political entities that compose the sovereign country of Bosnia and Herzegovina . The two entities are delineated by the Inter-Entity Boundary Line...
, T-Hrvatski Telekom
T-Hrvatski Telekom
T-Hrvatski Telekom is the national telecommunications company in Croatia.Croatian Telecom was formerly the telephony branch of the state-owned monopoly Hrvatska pošta i telekomunikacije; HPT , which was split into two parts in 1999...
and Hrvatska Pošta
Hrvatska pošta
Hrvatska pošta, or Croatian Post, is the national postal service of Croatia founded in 1990. The post, along with today's T-Hrvatski Telekom, was originally founded as the Croatian Post and Telecommunications, but was split into two separate businesses. It has a stake in the Herzegovinian Croat...
in Croatia
Croatia
Croatia , officially the Republic of Croatia , is a unitary democratic parliamentary republic in Europe at the crossroads of the Mitteleuropa, the Balkans, and the Mediterranean. Its capital and largest city is Zagreb. The country is divided into 20 counties and the city of Zagreb. Croatia covers ...
.
The company underwent two phases of privatization. In the first phase (2003) the company was privatized between the government and two outside owners, the public company T-Hrvatski Telekom
T-Hrvatski Telekom
T-Hrvatski Telekom is the national telecommunications company in Croatia.Croatian Telecom was formerly the telephony branch of the state-owned monopoly Hrvatska pošta i telekomunikacije; HPT , which was split into two parts in 1999...
and foreign government-owned business Hrvatska Pošta
Hrvatska pošta
Hrvatska pošta, or Croatian Post, is the national postal service of Croatia founded in 1990. The post, along with today's T-Hrvatski Telekom, was originally founded as the Croatian Post and Telecommunications, but was split into two separate businesses. It has a stake in the Herzegovinian Croat...
, both from Croatia
Croatia
Croatia , officially the Republic of Croatia , is a unitary democratic parliamentary republic in Europe at the crossroads of the Mitteleuropa, the Balkans, and the Mediterranean. Its capital and largest city is Zagreb. The country is divided into 20 counties and the city of Zagreb. Croatia covers ...
. In the second phase (2009) the company was reorganized as a public company and listed at SASE
Sarajevo Stock Exchange
The Sarajevo Stock Exchange or SASE is a stock exchange which operates in Sarajevo, Bosnia and Herzegovina.-History and structure:The Sarajevo Stock Exchange was founded in September 2001 and commenced trading on April 12, 2002, as a central marketplace for trading in securities in the Federation...
with government still owning most stock. The effect is that governance of the company is split between large stakeholders, with Bosnian Croat officials governing the company and appointing management on behalf of the Federal government.
The main activity of HT includes provision of telecommunication services on the local, state and international levels, in the following fields:
- fixed telephonyTelephoneThe telephone , colloquially referred to as a phone, is a telecommunications device that transmits and receives sounds, usually the human voice. Telephones are a point-to-point communication system whose most basic function is to allow two people separated by large distances to talk to each other...
(HT::TEL) - internet serviceInternet service providerAn Internet service provider is a company that provides access to the Internet. Access ISPs directly connect customers to the Internet using copper wires, wireless or fiber-optic connections. Hosting ISPs lease server space for smaller businesses and host other people servers...
(HT::NET) - data transmissionData transmissionData transmission, digital transmission, or digital communications is the physical transfer of data over a point-to-point or point-to-multipoint communication channel. Examples of such channels are copper wires, optical fibres, wireless communication channels, and storage media...
HT also provides mobile telephony through its subsidiary ERONET.