Makedonski Telekom AD, also known as Macedonia Telecom, is a privately owned company headquartered in North Macedonia. It is a subsidiary of Deutsche Telekom. Founded in 1997, the company employs approximately 800 individuals and reported $214.2M in revenue as of 2024. It functions as a tier 1 media tech buyer, specializing in telecoms.
Makedonski Telekom grew its mobile customer base by 1.7 percent to 1.303 million customers in 2025, with the share of postpaid contracts rising to 47.7 percent from 47.1 percent in 2024. Retail broadband customers increased by 3.4 percent to over 225,000, and the TV customer base expanded by 6.3 percent to almost 164,000, according to its parent company Magyar Telekom's annual report published on February 26, 2026. The company anticipates margin pressure ahead due to the arrival of a new competitor. Previously, on February 25, 2026, Makedonski Telekom reported ending 2025 with growth across all segments, financial gains, and large investments in infrastructure development, attributing this performance to consistent growth throughout the year and a strategy focused on network quality and customer experience. Earlier, on December 29, 2025, figures from regulator AEK showed Makedonski Telekom led North Macedonia's fixed internet market with a 40.42 percent share in the second quarter of 2025. At that time, the country's fixed internet users reached 549,109, marking a 2.02 percent year-on-year increase.
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Makedonski Telekom AD offers 5 products in the media and telecoms services industry. Makedonski Telekom AD's product portfolio comprises of consumer electronics, media and TV services and telecoms.
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Makedonski Telekom AD's revenues were less than $250M in 2024. Caretta Research has split Makedonski Telekom AD's revenue into 5 different product categories, the largest of which is mobile services. For full access to Makedonski Telekom AD's revenue breakdown subscribe to Caretta Portal.
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