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Crnogorski Telekom A.D.

Summary

Company ID (NIN)

02289377

Company owner / manager

  • Other
  • HT Holding d.o.o.

Country

Montenegro

Capital

123,857,700

Total assets

183,354,678

Net profit for the period

9,406,921

Report year

2016

Currency

EUR

Industry

Telecommunications

Southeastern Europe Company Index (SEECI)

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General information

About Crnogorski Telekom A.D.

Crnogorski Telekom A.D. is a telecommunication services provider.

As of July 2019, the company’s shares are included in Montenegro Stock Exchange’s blue-chip index MNSE 10.

 

Last updated on July 1, 2019.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
Dec. 31, 1998
NIN
02289377
Tickers
TECG
Stock Exchange
Montenegro Stock Exchange
ISIN
METECGRA0PG7
Profile last updated
July 2, 2019, 4:06 p.m.
Alternative names

    Crnogorski Telekom JSC

History

    Dec 31, 1998 - Montenegrin state telecommunications and postal company JP PTT  Saobracaja Crne Gore splits into two state-owned companies, Posta Crne Gore D.O.O. and Telekom Crne Gore A.D.

    Nov 17, 1999 - Telekom Crne Gore A.D., local trading company Yugoimport Mont D.O.O. and Greek telecommunications infrastructure company Hellascom SA establish pay phone operator Montenegro Card D.O.O. in the Montenegrin capital Podgorica.

    July 28, 2000 - Telekom Crne Gore A.D. sets up its mobile telephony subsidiary Monet D.O.O., based in Podgorica and later renamed T-Mobile Crna Gora D.O.O.

    2001 - The state sells 32% in Telekom Crne Gore A.D. through a mass privatization process.

    Jan 1, 2002 - The Agency for Telecommunications of the Republic of Montenegro grants Telekom Crne Gore A.D. a 25-year licence to operate fixed-line network and a 23-year licence to provide international traffic services.

    Mar 1, 2002 - The company lists on the Montenegro Stock Exchange.

    Feb 19, 2004 - Telekom Crne Gore A.D. buys 60% in internet services provider Internet Crna Gora D.O.O. for a total of EUR 1.75 mln, thus increasing its stake in the company to 85%.

    Oct 24, 2004 - Telekom Crne Gore A.D. and Serbian IT company Pexim DOO establish electronic banking company E-Mon D.O.O. in Podgorica.

    Mar 7, 2005 - Telekom Crne Gore A.D. acquires the remaining 15% in Internet Crna Gora D.O.O.

    Mar 15, 2005 - The State sells a 51.12% stake in Telekom Crne Gore A.D. to Hungarian telecommunications company Magyar Telekom Nyrt., majority owned by German Deutsche Telekom AG, for a total of EUR 114 mln.

    April 2005 - Magyar Telekom Nyrt. increases its stake in Telekom Crne Gore A.D. to 73.04% by buying a 21.92% stake from minority shareholders for a total of EUR 22.9 mln.

    May 23, 2006 - Telekom Crne Gore rebrands as T-Telekom Crne Gore.

    Sept 29, 2006 - Telekom Crne Gore A.D. changes its name to Crnogorski Telekom A.D. The company also starts providing its telecommunication services under its two brands: T- Com and T-Mobile.

    October 2007 - Broadcasting agency of the Republic of Montenegro grants Crnogorski Telekom A.D. a licence to provide Internet Protocol Television (IPTV) for a period of 10 years.

    2007 - Crnogorski Telekom A.D. sells its 51% stake in Montenegro Card D.O.O. to Yugoimport Mont D.O.O.

    Apr 30, 2009 - The subsidiaries of Crnogorski Telekom A.D. - T-Mobile Crna Gora D.O.O. and Internet Crna Gora D.O.O. merge into the company and cease to exist as separate legal entities.

    Jan 10, 2017 - The Croatian mobile operator M-Tele d.o.o. acquires the majority stake of 76.53% in the company from Magyar Telekom Nyrt for EUR 123.5 mln.

     

    Last updated on July 1, 2019.

Management

Board of Directors
Sasa Kramar
Member of the Board
Balsa Cavlovic
Member of the Board
Sinisa Djuranovic
Chairman of the Board
Natasa Rapaic
Member of the Board
Marc Stehle
Member of the Board
Executive Board
Dzina Tsybulskaya
CEO

Contacts

Address
Moskovska 29
N/A
Podgorica, Montenegro
Telephones

+382 20 433 433
+382 20 433 419

Fax

+382 20 245 810

Emails

N/A

Websites
www.telekom.me

Ownership

Name Direct holding Indirect holding Owner type Country
Other 23.47 Other
HT Holding d.o.o. 76.53 Company Croatia

Subsidiaries and affiliates

Name Direct holding Indirect holding Country

Products and services

Crnogorski Telekom A.D. provides:

  • fixed and mobile telephony services;
  • internet and TV services;
  • retail and maintenance of telecommunication and internet equipment.

As of June 2018 the company offers Magenta 1 mobile services and packages.

 

Last updated on July 1, 2019.

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