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.[3]
Eesti Telekom changed its name to Telia Eesti in 2016.[2]
Estonian mobile operator EMT and broadband operator Elion have merged their functions and are known as AS Eesti Telekom since August 2014.
AS Eesti Telekom is not directly involved in commercial operations, and its profit accumulates mainly from the profits of other companies in the group. In 2008 the net sales of the Eesti Telekom Group totalled 6,190 million kroons, a decrease of 1% over the year. The group's net profit was 1,438 million kroons.[citation needed]
Telia Eesti is a member of Estonian Association of Information Technology and Telecommunications.
The share capital of AS Eesti Telekom consists of 137,954,528 of ordinary shares with a nominal value of 10 kroons each The company's ordinary shares are divided among shareholders in the following manner:
