Optima Telekom
Encyclopedia
Optima Telekom is the second-largest provider of fixed telephony services in the Republic of Croatia, which offer its customers the complete spectrum of telecommunications services.
The Croatian Telecommunications Agencyhttp://www.telekom.hr/ granted Optima Telekom a thirty-year concession for provision of fixed public telephone services in November 2004, which made the company the second operator of fixed telephony in the Republic of Croatia (after T-Hrvatski Telekom
), thereby starting the long-awaited liberalization of the telecommunications market in the country.
Optima Telekom's majority owner is Matija Martić, an entrepreneur whose previous major business was an Avaya
dealership. The company was started with significant funding from the Hypo Group, and was at the time headed by Roland Žuvanić, a former government minister of transport. In early 2007, the company received funding from institutional investors in form of 7-year bond
s, which started trading at the Zagreb Stock Exchange
in February 2007. In late 2007, the company underwent the initial public offering
in which 32.27% of the stock was sold to private and institutional investors. The stock started trade at the Zagreb Stock Exchange
on January 7, 2008.
The Croatian Telecommunications Agencyhttp://www.telekom.hr/ granted Optima Telekom a thirty-year concession for provision of fixed public telephone services in November 2004, which made the company the second operator of fixed telephony in the Republic of Croatia (after T-Hrvatski Telekom
T-Hrvatski Telekom
T-Hrvatski Telekom is the national telecommunications company in Croatia.Croatian Telecom was formerly the telephony branch of the state-owned monopoly Hrvatska pošta i telekomunikacije; HPT , which was split into two parts in 1999...
), thereby starting the long-awaited liberalization of the telecommunications market in the country.
Optima Telekom's majority owner is Matija Martić, an entrepreneur whose previous major business was an Avaya
Avaya
Avaya Inc. is a privately held computer networking, information technology and telecommunications company that is a global provider of business communications systems. The international head quarters is in Basking Ridge, New Jersey, United States...
dealership. The company was started with significant funding from the Hypo Group, and was at the time headed by Roland Žuvanić, a former government minister of transport. In early 2007, the company received funding from institutional investors in form of 7-year bond
Bond (finance)
In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest to use and/or to repay the principal at a later date, termed maturity...
s, which started trading at the Zagreb Stock Exchange
Zagreb Stock Exchange
The Zagreb Stock Exchange or ZSE is a stock exchange located in Zagreb, Croatia. It is Croatia's only stock exchange. The exchange trades shares of Croatian companies, as well as bonds and commercial bills....
in February 2007. In late 2007, the company underwent the initial public offering
Initial public offering
An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...
in which 32.27% of the stock was sold to private and institutional investors. The stock started trade at the Zagreb Stock Exchange
Zagreb Stock Exchange
The Zagreb Stock Exchange or ZSE is a stock exchange located in Zagreb, Croatia. It is Croatia's only stock exchange. The exchange trades shares of Croatian companies, as well as bonds and commercial bills....
on January 7, 2008.