Crnogorski Telekom - General Introduction

General Introduction

Crnogorski Telekom (CT) is the largest telecommunication company in Montenegro. It provides a full range of fixed-line, mobile, IPTV and internet telecommunication services.Crnogorski Telekom is the main fixed-line service provider in Montenegro. Its exclusive rights expired in 2003. Crnogorski Telekom provides local, national and international services, in addition to a wide range of telecommunications services involving leasedline circuits and data networks.

On 1st April 2005, Magyar Telekom obtained a 76.53% interest in Crnogorski Telekom and thus became the majority owner of the Company. Deutsche Telekom AG holds 59.21% of the Magyar Telekom shares. Deutsche Telekom and Magyar Telekom have a number ofsubsidiaries worldwide, with whom Crnogorski Telekom has regular transactions.

For the past six years, Crnogorski Telekom’s major operational goals have been to finalize digitalization of the fixed-line networkand to increase the capacity and reliability of the data network, consequently creating conditions for an increase in subscribers to broadband and voice services. The digitalization rate reached 100 per cent by the end of 2007 and ADSL coverage reached almost 96% of the PSTN customer base by the end of 2010.

In 2006, the T-Com and T-Mobile brands were launched. In December 2007 Crnogorski Telekom started IPTV services. T-Mobile Crna Gora is the second entrant into the mobile market in Montenegro and by YE 2010 it held 37.0% of the mobile market (SIM card) share. From its founding in 2000, T-Mobile has always offered innovative and advanced services to the Montenegrin market and has been experiencing dynamic growth. T-Mobile uses all advanced technologies such as UMTS, HSDPA, GPRS, EDGE. A 3G network was launched in 2007.

On May 1, 2009 Crnogorski Telekom a.d., T-Mobile Crna Gora d.o.o and Internet Crna Gora d.o.o were merged into one legal entity, Crnogorski Telekom a.d. The services are marketed under the T-Com and T-Mobile brands.

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