Research and Markets: Eesti Telekom is Estonia's Largest Group of Telecommunications and IT Companies.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c47605) has announced the addition of 'Eesti Telekom Company Intelligence Report 2006' to their offering. Eesti Telekom Eesti Telekom is the largest telecommunications company in Estonia. The majority shareholder in the company is TeliaSonera, which owns slightly over 50% of shares. The Estonian state also has a 27.17% share in the company while the public owns the rest. is Estonia's largest group of telecommunications and IT companies. Eesti Telekom's subsidiary, Elion Ettevotted AS (Elion Enterprises Ltd), maintains the leading position in the Estonian market for fixed-line telephone communications, Internet connections, as well as data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. solutions, and has also entered the IT and digital television reception markets. Eesti Telekom's subsidiary, AS EMT See Efficient markets theory. , is Estonia's largest mobile operator, which offers voice services as well as mobile data communications and content services. As a result of an initial public offering (IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. ) of shares in early-1999, institutional and private investors purchased 49% of the shares that had previously belonged to the Estonian state. Eesti Telekom became a public company with shares listed on the Tallinn and London Stock Exchanges London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. . After the IPO, Eesti Telekom went through a period of restructuring, in the course of which Sonera Oyj (formerly Telecom Finland), Telia AB, and Baltic Tele AB, exchanged their holding in Eesti Telefon and EMT for a 49% shareholding in Eesti Telekom. Telia and Sonera subsequently merged to form TeliaSonera AB in December 2002. In December 2004, TeliaSonera, through its subsidiary Baltic Tele AB, carried out transactions for the acquisition of Eesti Telekom shares from public investors, as a result of which TeliaSonera's holding in Eesti Telekom increased to 50.00004%. When the holding surpassed 50%, TeliaSonera made a bid for all of the shares of Eesti Telekom, as required by the Estonian Securities Market Act. As of October 9, 2006, the ownership structure of Eesti Telekom was: Baltic Tele (53.7%), Ministry of Finance/State Treasury (27.2%), Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank Trust Company (10.0%), Skandinaviska Enskilda Banken SEB or Skandinaviska Enskilda Banken AB, is a North-European financial group for corporate customers, institutions and private individuals. Its activities comprise mainly banking services, but SEB also carries out significant life insurance operations. AB clients (1.5%), ING Luxembourg SA (1.1%), Danske Bank Danske Bank is a Danish bank. It was founded 5 october 1871 as Den Danske Landmandsbank, Hypothek- og Vexelbank i Kjøbenhavn (The Danish Farmers' Bank, Mortgage and Exchange Bank of Copenhagen). clients (0.6%), Morgan Stanley Co International Equity clients (0.6%), Bank Austria Creditanstalt AG clients (0.4%), The Northern Trust Company (0.3%), and Clearstream Banking Luxembourg clients (0.3%). This Company Intelligence Report provides essential information on network operators and equipment manufacturers. The report is concise and easy to read, outlining the company's recent activities and corporate strategy, and providing essential financial performance data and contact details. This in-depth report allows you to understand recent developments in the context of the company's whole operation. The report includes: * Company Snapshot & Summary * Financial Performance * Corporate Structure & Strategy * Recent Developments * Timeline of Significant Events * Operating Statistics * SWOT Analysis SWOT Analysis A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. * Networks & Services For more information visit http://www.researchandmarkets.com/reports/c47605. |
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