|Type||Joint stock company, private ownership|
|Traded as||ZSE: HT|
|Key people||Davor Tomašković CEO|
|Revenue||HRK 7.04 billion (2013)|
|Net income||HRK 1.44 billion (2013)|
T-Hrvatski Telekom (T-HT) is the leading provider of telecommunications services in Croatia, serving more than 1.3 million fixed lines, nearly 2.5 million mobile subscribers and 648,000 broadband connections through its Residential and Business divisions.
Since its initial public offering in October 2007, T-HT shares have traded on the Zagreb Stock Exchange, with global depositary receipts trading on the London Stock Exchange. Deutsche Telekom AG owns 51% of T-HT’s shares, with the War Veterans’ Fund and the Pensioners’ Fund holding 7% and 3.5% respectively. The remaining free float is in the hands of private and institutional investors.
The basic activities of Hrvatski Telekom d. d. and other subsidiary companies comprise provision of telecommunications services, design and construction of telecommunications networks in the territory of the Republic of Croatia. In addition to the provision of fixed telephony services (fixed-line access and traffic, as well as fixed-network supplementary services), the Group also provides Internet services, including IPTV, data transmission services (lease of lines, Metro-Ethernet, IP/MPLS, ATM) and GSM and UMTS mobile telephone networks.
The company was founded on 28 December 1998 in the Croatia, pursuant to the provisions of the Act on the Separation of Croatian Post and Telecommunications into Croatian Post and Croatian Telecom, in which process the business operations of the former company Hrvatska pošta i telekomunikacije (HPT s p.o.) were separated and transferred to the two new joint stock companies: Hrvatske telekomunikacije d.d. (later Hrvatski Telekom d.d.) and Hrvatska pošta d.d., which started their business operations on 1 January 1999.
In the course of 2002 HT-mobilne komunikacije d.o.o. (later T-Mobile Croatia d.o.o.) was registered as a separate company, a subsidiary fully owned by Hrvatske telekomunikacije d.d.., for the purpose of providing mobile telephone network services. In 2004 HT Group introduced a new corporate identity. The change of identity at the corporate level was followed by the creation of trade marks of the two separate Group segments, T-Com and T-Mobile. Through the merger of the companies T-Mobile Hrvatska d.o.o. and Hrvatski Telekom d.d., T-Com and T-Mobile operations were integrated into one, fully customer oriented organization in 2010.
Integration of business segments
The Company is organized in several functional segments. The Company’s organization consists of Financial Support and Steering Function, Technical Functions, Human Resources Support and Steering Function, Support and Steering Functions of the President of the Management Board and two Business Units: Customer Facing Unit Residential and Customer Facing Unit Business.
Financial Support and Steering Function is headed by the Chief Financial Officer (CFO), Human Resources Support and Steering Function is headed by the Chief Human Resources Officer (CHRO) and Support and Steering Functions of the President of the Management Board is headed by the President of the Management Board (CEO). These functions are common for the entire Company and they ensure that all business segments of the Company are aligned and that the Company can operate as one entity.
Technical Functions are headed by the Chief Technical and Chief Information Officer Group (GCTO/CIO). These functions comprise the activities related to ICT services and construction, on Company level, with a view of providing a technical platform for services and achieving synergy effects - both internally and externally.