JP Hrvatske telekomunikacije d.d. Mostar, doing business as HT Eronet, is a telecommunications company in Bosnia and Herzegovina. The company was created on after separating Hrvatska pošta Mostar (HP Mostar) and Hrvatske telekomunikacije (HT).
History
HT Mostar was founded on 1 January 2003. Based on Company reorganization on 24 November 2006, HT Mobilne d.o.o. merged with HT Mostar thus becoming an integral part of the public company HT d.o.o. Mostar.[1] On 1 April 2009, the Assembly of the Company passed a decision on the re-registration of the Company from a limited liability company to a joint stock company. The re-registration was made on 8 June 2009, and the shares of the Company were listed on the Sarajevo Stock Exchange.
The three main TLC operators in Bosnia and Herzegovina have strong links to political parties. In 2003, an OHR-mandated audit revealed that BH Telecom, RS Telekom and HT Mostar suffered substantial misure of funds, corruption and mismanagement, with a total loss of USD 57 million in 2002. Pressure for reform was raised by the public revelation of high salaries and financial support to political parties.[2]