MTS, also known as Telekom Srbija, is a state-owned company headquartered in Serbia. Founded in 1997, it operates with approximately 2850 employees and reported $1.9B in revenue as of 2024, functioning as a tier 1 media tech buyer. The company specializes in providing fixed-line, mobile, television, and internet communication services to three regional markets: Serbia, Bosnia and Herzegovina, and Montenegro.
On January 29, 2026, Telekom Srbija Group and its subsidiary Mtel deployed Ciena's coherent optical solutions, enhancing cross-border network connectivity between Serbia and Bosnia-Herzegovina. This network upgrade supports 5G readiness and integration into European connectivity routes. Previously, on January 27, a comparative analysis conducted by German company NET CHECK confirmed MTS's 5G mobile network as the best across all five major cities in Serbia. Earlier in January, specifically on January 19, TS Media, the multimedia segment of Telekom Srbija, formed an exclusive partnership with national airline Air Serbia. This collaboration enables passengers on intercontinental flights to the United States and China to access selected domestic video content. In December 2025, Telekom Serbia received valuable recognition at the 16th CSR and ESG forum, an annual event promoting socially responsible practices and sustainable development in the business environment.
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MTS (Telekom Srbija) offers 10 products in the media and telecoms services industry. MTS (Telekom Srbija)'s product portfolio comprises of media and TV services, consumer electronics and telecoms.
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MTS (Telekom Srbija)'s revenues were over $1B in 2024. Caretta Research has split MTS (Telekom Srbija)'s revenue into 7 different product categories, the largest of which is pay TV. For full access to MTS (Telekom Srbija)'s revenue breakdown subscribe to Caretta Portal.
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