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Croatian telco sale set in motion
Croatian telco sale set in motion July 5, 2019 09.53 Europe/London By Chris Dziadul Hrvatski Telekom (HT) has submitted documentation to the Croatian Competition Agency (AZTN) on the preparation of the sale of Optima Telekom. Poslovni reports that in March 2014 AZTN approved the concentration of Optima Telekom and HT for a limited period of four years. However, in June 2017 the duration was extended by a further three years, to July 10, 2021. HT has been managing Optima Telekom, which lists Zagrebacka banka (36.9%), HT Holding (17.4%) and HPB (6.1%) as its main shareholders, since 2014. On July 10, 2021 the management is due to be to transfered Zagrebacka banka or a third party not connected to HT.
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