Makedonski Telekom AD, also known as Macedonia Telecom, is a privately owned company headquartered in North Macedonia. As a tier 1 media tech buyer, it operates as part of the Magyar Telekom Group, which is a fully consolidated subsidiary of the international Deutsche Telekom Group. Founded in 1997, the company employs approximately 800 individuals and reported $214.2M in revenue as of 2024. Functioning as a telecommunications company, Makedonski Telekom AD provides telecom services within North Macedonia.
Makedonski Telekom plans to distribute a gross dividend of 28.9 denars ($0.54/0.46 euro) per share for 2025, an increase from the 27.6 denars paid out last year. This follows an April 15 report from North Macedonia's Agency for Electronic Communications (AEK) stating the country ended 2025 with 1.99 million active mobile lines, marking a 3.8% year-on-year increase but a drop from 2.10 million in the previous quarter. Makedonski Telekom held a 46.37% share of overall mobile subscribers at the end of 2025, behind A1 Makedonija's 47.01%. The total lines included 1.03 million residential postpaid, 712,067 residential prepaid, and 247,951 business postpaid lines, with 1.65 million mobile internet users. Previously, on April 2, Makedonski Telekom employees participated in a reforestation and forest restoration campaign in the Jasen National Park, an area affected by devastating fires in August 2025. Earlier, on March 30, AEK reported North Macedonia's fixed broadband subscriber base reached 550,348 by the end of Q3 2025, a 0.23% quarterly and 0.99% annual increase. During Q3 2025, Makedonski Telekom held the largest market share in fixed broadband at 40.83%.
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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 media and TV services, consumer electronics 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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