HT Mostar and HT Mobilne Komunikacije to merge

30 Oct 2006

The government of Bosnia and Herzegovina has approved the merger of fixed line operator HT Mostar and mobile operator HT Mobilne Komunikacije (formerly Eronet). The state will share ownership of the merged business with Croatia’s T-Hrvatski Telekom, a subsidiary of Deutsche Telekom. HT Mostar offers fixed line services in the region around the town of Mostar, but also holds a nationwide mobile operating licence, whilst HT Mobilne Komunikacije provides cellular services predominantly to the Herzegovina region. The merged company will look to expand wireless services nationwide. The Prime Minister of the Bosnia and Herzegovina Federation Government, Mr Ahmet Hadžipaši , and T-Hrvatski Telekom President Ivica Mudrini sealed the deal at a public ceremony last week. It is thought that the state will hold 50.1% of the enlarged HT Mostar, with T-Hrvatski Telekom taking a 49.9% stake.

Bosnia and Herzegovina,T-Hrvatski Telekom (T-HT), HT Mostar (HT Eronet),

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