The history of Metro Tasmania dates back to 1893, when the "Hobart Electric Tramway Company" (HETCo) was founded by a London consortium. The HETCo was one of the earliest such operators in the world, and was the first electric tramway in the Southern Hemisphere. The company also operated two Dennis motorbuses prior to being taken over in 1913 by the Hobart City Council, who renamed it to "Hobart Municipal Tramways" (HMT). In 1935, HMT began to use trolleybuses on some networks to replace trams, and petrol buses were introduced on some networks in the 1940s to alleviate congestion.