Telecommunications

Croatia's HT buys majority stake in Montenegrin Telecom

The Croatian telecommunications company Hrvatski Telekom (HT) signed an agreement on Tuesday to buy 76.53 percent of shares in Montenegro's Crnogorski Telekom from Hungary's Magyar Telekom for EUR 123.5 million, which is HT's first major regional acquisition.

Vipnet taking over Metronet

Vipnet, a mobile network operator company, has acquired a controlling share in the company "Metronet Telecommunications", and the completion of the transaction is expected in Q1 2017, after the AZTN regulator gives its approval.

Trump says Japan's Softbank will invest 50 billion dollars in US

US president-elect Donald Trump said Tuesday that Japanese telecommunications giant Softbank will invest 50 billion dollars in the United States.

HT revenues stagnate, net profit rises in first nine months

The Croatian Telekom (HT), posted a net profit of 752 million kuna in the first nine months of 2016, while its revenues stagnated, this leading provider of telecommunications services reported on Thursday.

Leading European telecom operators visit Ericsson Nikola Tesla

Europe's leading providers of telecommunications services, members of the ETIS association, visited the Ericsson Nikola Tesla (ENT) company on Friday, as part of the association's annual meeting in Zagreb, to get acquainted with the concept of a networked society and technologies being developed by ENT, the company said in a press release.

Ericsson Nikola Tesla signs EUR 7.5 mln deal with Moldovan client

Ericsson Nikola Tesla CEO Gordana Kovacevic said that she was looking forward to continuing the cooperation with the company's long-standing client.

Croatia's telecom market is recovering, say execs

The regular annual conference, organised by the Lider business weekly and the PwC Croatia consulting firm, attracted about 200 participants including executives of the largest telecommunication companies in Croatia.