BH Telecom, a state-owned company headquartered in Bosnia and Herzegovina, was founded in 1997 and maintains approximately 960 employees. It reported $292.3M in revenue as of 2024. Functioning as a tier 1 media tech buyer, the company specializes in telecommunications services.
BH Telecom reported a 10% increase in net profit, reaching BAM 69.0 million for 2025, with revenues rising nearly 2% to BAM 566.1 million and operating expenses up 1.3% to BAM 489.8 million. This financial update follows the company's announcement on March 9 that it would take out a 390 million marka (199.4 million euro) syndicated loan from eight local banks to finance the planned acquisition of its peer Telemach, a unit of United Group, in the local market and Montenegro. Previously, on February 18, the Bosnia and Herzegovina operator revealed its intention to gradually shut down its 3G technology starting March 31, 2026, as part of a network upgrade transitioning services to its 4G+ network. Earlier, on February 17, BH Telecom selected digital business support systems provider Qvantel to modernize its charging and payment platform, integrating Optiva's charging engine and payment system.
BH Telecom offers 7 products in the media and telecoms services industry. BH Telecom's product portfolio comprises of consumer electronics, media and TV services and telecoms.
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BH Telecom's revenues were less than $500M in 2024. Caretta Research has split BH Telecom's revenue into 7 different product categories, the largest of which is mobile services. For full access to BH Telecom's revenue breakdown subscribe to Caretta Portal.
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