Telekomunikacije Republike Srpske a.d. Banja Luka,

doing business as A trade name, trading name, or business name is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is fictitious business name. Registering the fictitious name with ...

m:tel, is a

telecommunication Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of ...

s company based in

Banja Luka Banja Luka ( sr-Cyrl, Бања Лука, ) or Banjaluka ( sr-Cyrl, Бањалука, ) is the List of cities in Bosnia and Herzegovina, second largest city in Bosnia and Herzegovina and the largest city in Republika Srpska. Banja Luka is the tr ...

Republika Srpska Republika Srpska ( sr-Cyrl, Република Српска, ; also referred to as the Republic of Srpska or Serb Republic) is one of the two Political divisions of Bosnia and Herzegovina, entities within Bosnia and Herzegovina, the other bein ...

Bosnia and Herzegovina Bosnia and Herzegovina, sometimes known as Bosnia-Herzegovina and informally as Bosnia, is a country in Southeast Europe. Situated on the Balkans, Balkan Peninsula, it borders Serbia to the east, Montenegro to the southeast, and Croatia to th ...

. The company is owned by

Telekom Srbija Telekom Srbija a.d. Beograd is a Serbian state-owned telecommunications operator. It was founded in May 1997 as a joint-stock company, by spinning off the telecommunications business from PTT Srbija (present-day Pošta Srbije). In April 201 ...

, and is the second largest

telecommunications Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of ...

company in Bosnia and Herzegovina and the biggest one listed on the Banja Luka Stock Exchange, with a

market capitalisation Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by ...

of about 300 million euros as of April, 2025.

History

Telekom Srpske was established on 20 December 1996. It was privatized in 2006, through a public tender.

, made the highest bid with 646 million

euros The euro (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the ...

for a 65% majority stake, while the second highest bidder was Telekom Austria with an offer of 467 million euros. The Government of Republika Srpska declared Telekom Srpske a company of strategic importance and, therefore, the state capital has been privatised according to the special privatisation program enacted by the Government. Raiffeisen Investment was appointed as the financial advisor to the government. The criteria that potential bidders had to fulfil, included a current minimum of 800,000 fixed-line and 1.5m mobile users, suggesting that the Government is hoping for an outside operator who is capable of investing in Telekom Srpske's infrastructure. The company's main business is fixed and mobile telecommunications in domestic and international traffic. Other businesses include: * directory inquires * internet services provider * design, construction, reconstruction and installation of TC devices, etc.

Ownership structure

The ownership structure of the company is as follows (as of 31 December 2017): *

– 65.01% *

Pension A pension (; ) is a fund into which amounts are paid regularly during an individual's working career, and from which periodic payments are made to support the person's retirement from work. A pension may be either a " defined benefit plan", wh ...

and Disability Insurance Fund – 8.92% *

Restitution Restitution and unjust enrichment is the field of law relating to gains-based recovery. In contrast with damages (the law of compensation), restitution is a claim or remedy requiring a defendant to give up benefits wrongfully obtained. Liability ...

Fund – 5.03% * DUIF Krist.Invest a.d. – 3.30% * Other

shareholders A shareholder (in the United States often referred to as stockholder) of corporate stock refers to an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the ...

– 17.74%

Subsidiaries

The company owns the founding status shares in three companies, with a 100% ownership of the company "Telekard telefonske usluge", d.o.o. Banja Luka and TT "Inženjering" d.o.o. Banja Luka, and 20% of share in the Institute for International Law and International Cooperation, d.o.o. Banja Luka.

References

External links

* {{Authority control Telecommunications companies of Bosnia and Herzegovina Companies based in Banja Luka Telecommunications companies established in 1996 1996 establishments in Bosnia and Herzegovina Mobile phone companies of Bosnia and Herzegovina Economy of Bosnia and Herzegovina Economy of Republika Srpska Companies in the BIRS