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News Summary:

Makedonski Telekom reported on July 31 its net profit increased to 1.2 billion denars ($23 million/20 million euro) in the first half of 2026, up from 1.1 billion denars in the same period a year earlier. The company also indicated earlier on July 31 that its total capital expenditures reached MKD 895 million in H1 2026, while earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 7.3 percent and net income by 9.5 percent compared to the prior year. This follows the company capturing six Ookla Speedtest Awards on July 29 for its performance in the first half of 2026, being named best overall and fastest mobile network, top performer for mobile gaming and video experiences, and achieving the top spot for best and fastest fixed network in North Macedonia, a market lead it attributes to a quarter-century investment strategy totaling EUR 1.19 billion. Previously, on May 28, Makedonski Telekom shareholders approved a proposal to distribute a higher gross dividend of 28.9 denars ($0.54/0.46 euro) per share for 2025, an increase from the 27.6 denars per share paid in the previous year. Earlier, on May 13, the company reported customer growth across all segments in the first quarter of 2026, with its mobile customer base increasing 1.9 percent to 1.28 million (48.7 percent postpaid), fixed voice accesses rising 2.3 percent to 238,959, fixed retail broadband customers growing 3.5 percent to 226,454, and the TV customer base expanding 6.1 percent to 171,428.