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Eesti Telekom
Telia Eesti AS (formerly AS Eesti Telekom) is one of the largest telecommunication companies in the Baltic states, Baltic States and member of Telia Company. AS Eesti Telekom is a holding company registered and operating in the Republic of Estonia, whose Subsidiary, subsidiaries provide telecommunications services. The company, founded in 1991 after the independence of Estonia, took over the existing government telephone network. The company started with a copper cable network from the Soviet Russian period and a long list of people who were waiting for a telephone connection. Equipped with an eight -year monopoly, the company invested in building a new telephone network. In the 1990s there was an entry into the Internet with the NETI search engine, internet access under the ATLAS brand and email at hot. When the monopoly ended in the landline in 2000, telephone services were positioned under ET on the competition market. Eesti Telekom changed its name to Telia Eesti in 2016. E ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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EMT (mobile Operator)
AS EMT was Estonia's and one of the Baltic's largest mobile operator. Founded on 28 April 1991 as an Estonian under Eesti Telekom (now Telia Eesti). On 20 January 2016, the company, along with telecommunications provider Elion Enterprises Limited, Elion were merged under the Telia Company, Telia name, along with parent company Eesti Telekom becoming Telia Eesti. The company is headquartered in Tallinn. Traded on NASDAQ OMX stock exchanges. AS EMT began operations on April 28, 1991, when a joint venture was formed by Eesti Telekom (51%), Sweden's Telia (24.5%) and Finland's Sonera (24.5%). On September 1, 2014, the company was merged with its parent company Eesti Telekom, which continued to use the EMT brand when offering mobile communication services. On January 20, 2016, Eesti Telekom changed its business name to Telia Eesti AS and merged the existing brands Elion and EMT into one Telia. External links EMTEesti TelekomTeliaSonera
Mobile phone companies of Estonia Tele ...
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Telecommunications Companies Established In 1993
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that feasible with the human voice, but with a similar scale of expediency; thus, slow systems (such as postal mail) are excluded from the field. The transmission media in telecommunication have evolved through numerous stages of technology, from beacons and other visual signals (such as smoke signals, semaphore telegraphs, signal flags, and optical heliographs), to electrical cable and electromagnetic radiation, including light. Such transmission paths are often divided into communication channels, which afford the advantages of multiplexing multiple concurrent communication sessions. ''Telecommunication'' is often used in its plural form. Other examples of pre-modern long-distance communication included audio messages, such as coded drumbea ...
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Telecommunications Companies Of Estonia
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that feasible with the human voice, but with a similar scale of expediency; thus, slow systems (such as postal mail) are excluded from the field. The transmission media in telecommunication have evolved through numerous stages of technology, from beacons and other visual signals (such as smoke signals, semaphore telegraphs, signal flags, and optical heliographs), to electrical cable and electromagnetic radiation, including light. Such transmission paths are often divided into communication channels, which afford the advantages of multiplexing multiple concurrent communication sessions. ''Telecommunication'' is often used in its plural form. Other examples of pre-modern long-distance communication included audio messages, such as coded drum ...
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Eesti Telekom Logo
Estonia, formally the Republic of Estonia, is a country by the Baltic Sea in Northern Europe, Northern Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the Baltic Sea, sea across from Sweden, to the south by Latvia, and to the east by Lake Peipus and Russia. The territory of Estonia consists of the mainland, the larger islands of Saaremaa and Hiiumaa, and over 2,200 other islands and islets on the eastern coast of the Baltic Sea, covering a total area of . The capital city Tallinn and Tartu are the two List of cities and towns in Estonia, largest urban urban area, areas of the country. The Estonian language is the indigenous language, autochthonous and the official language of Estonia; it is the first language of the majority of its Estonians, population, as well as the world's second most spoken Finnic languages, Finnic Uralic languages, language. The land of what is now modern Estonia has been inhabited by ''Early modern human, ...
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Shareholder
A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation. Shareholders may be referred to as members of a corporation. A person or legal entity becomes a shareholder in a corporation when their name and other details are entered in the corporation's register of shareholders or members, and unless required by law the corporation is not required or permitted to enquire as to the beneficial ownership of the shares. A corporation generally cannot own shares of itself. The influence of a shareholder on the business is determined by the shareholding percentage owned. Shareholders of a corporation are legally separate from the corporation itself. They are generally not liable for the corporation's debts, and the shareholders' liabil ...
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Common Stock
Common stock is a form of corporate equity ownership, a type of security. The terms voting share and ordinary share are also used frequently outside of the United States. They are known as equity shares or ordinary shares in the UK and other Commonwealth realms. This type of share gives the stockholder the right to share in the profits of the company, and to vote on matters of corporate policy and the composition of the members of the board of directors. The owners of common stock do not own any particular assets of the company, which belong to all the shareholders in common. A corporation may issue both ordinary and preference shares, in which case the preference shareholders have priority to receive dividends. In the event of liquidation, ordinary shareholders receive any remaining funds after bondholders, creditors (including employees), and preference shareholders are paid. When the liquidation happens through bankruptcy, the ordinary shareholders typically receive nothing. ...
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Share Capital
A corporation's share capital, commonly referred to as capital stock in the United States, is the portion of a corporation's equity that has been derived by the issue of shares in the corporation to a shareholder, usually for cash. "Share capital" may also denote the number and types of shares that compose a corporation's share structure. Definition In accounting, the share capital of a corporation is the nominal value of issued shares (that is, the sum of their par values, sometimes indicated on share certificates). If the allocation price of shares is greater than the par value, as in a rights issue, the shares are said to be sold at a premium (variously called share premium, additional paid-in capital or paid-in capital in excess of par). Commonly, the share capital is the total of the nominal share capital and the premium share capital. Most jurisdictions do not allow a company to issue shares below par value, but if permitted they are said to be issued at a discount or part- ...
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Net Profit
In business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period. It is computed as the residual of all revenues and gains less all expenses and losses for the period,Stickney, et al. (2009) Financial Accounting: An Introduction to Concepts, Methods, and Uses. Cengage Learning and has also been defined as the net increase in shareholders' equity that results from a company's operations.Needles, et al. (2010) Financial Accounting. Cengage Learning. It is different from gross income, which only deducts the cost of goods sold from revenue. For households and individuals, net income refers to the (gross) income minus taxes and other deductions (e.g. mandatory pension contributions). Definition Net income can be distributed among holders of common stock as a dividend or h ...
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Estonian Kroon
The kroon (sign: KR; code: EEK) was the official currency of Estonia for two periods in history: 1928–1940 and 1992–2011. Between 1 January and 14 January 2011, the kroon circulated together with the euro, after which the euro became the sole legal tender in Estonia. The kroon was subdivided into 100 cents (''senti''; singular ''sent''). The word ''kroon'' (, “crown”) is related to that of the Nordic currencies (such as the Swedish krona and the Danish and Norwegian krone) and derived from the Latin word ''corona'' ("crown"). The kroon succeeded the mark in 1928 and was in use until the Soviet invasion in 1940 and Estonia's subsequent incorporation into the Soviet Union when it was replaced by the Soviet ruble. After Estonia regained its independence, the kroon was reintroduced in 1992 and replaced by the euro in 2011. First kroon, 1928–1940 History The kroon became the currency of Estonia on 1 September 1928 after having been a unit of account since 1924. It replace ...
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Profit (accounting)
Profit, in accounting, is an income distributed to the ownership , owner in a Profit (economics) , profitable market production process (business). Profit is a measure of profitability which is the owner's major interest in the income-formation process of market production. There are several profit measures in common use. Income formation in market production is always a balance between income generation and income distribution. The income generated is always distributed to the Stakeholder (corporate), stakeholders of production as economic value within the review period. The profit is the share of income formation the owner is able to keep to themselves in the income distribution process. Profit is one of the major sources of economics , economic well-being because it means incomes and opportunities to develop production. The words "income", "profit" and "earnings" are synonyms in this context. Measurement of profit There are several important profit measures in common use. ...
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Elion Enterprises Limited
Elion Enterprises Limited, or Elion for short, was the largest telecommunications and Internet service provider in Estonia. It was owned by Eesti Telekom (now Telia Eesti), which until September 2009 was listed at the stock exchanges of Tallinn (ETLAT) and London (EETD), and was bought by the TeliaSonera group. The Elion Group's consolidated revenues for 2007 were 2.98 billion kroons (191 million euro The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . ...s), making it one of the largest companies in Estonia. It had 1,533 employees at the end of 2007. On 12 May 2011, Elion, like all other TeliaSonera group companies, changed its logo. The logo change reportedly cost Elion and EMT 700,000 euros. In 2011, the logos of TeliaSonera's subsidiaries have smoothed up, which is why Elion a ...
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