Telekom Srpske, based in the Serb Republic, said it would pay 30 million marka in a 2008 dividend as well as 18.8 million marka for the first quarter of 2009. It made a 119.2 million net profit in 2008.
The largest porti
on goes to Serbian national telecom Telekom Srbije which holds a 65 percent stake in the firm. The regional privatisation fund and pension fund each hold 10 percent stakes while the remainder belongs to a local fund and various small shareholders.BH Telecom, the largest of Bosnia's three ethnically-based telecoms, said it would pay 90 percent of the 110 million marka dividend to the Muslim-Croat federation government, its majority stakeholder, and the remainder to small shareholders.
The third and smallest company, HT Mostar, which operates mostly in Croat-dominated areas of the Muslim-Croat federation, has not publicly disclosed its 2008 figures but its officials have said they expect revenues to grow by 10 percent from 2007.
State-controlled BH Telecom and HT Mostar are awaiting privatisation, pending parliament's approval of the sell-off strategy.
Both the Muslim-Croat federation and the Serb Republic are autonomous regions within Bosnia, created after the 1992-95 war. ($1=1.425 Bosnian marka)
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