MTS, also known as Telekom Srbija, is a state-owned company headquartered in Serbia. Founded in 1997, the company operates with approximately 2,850 employees and reported $1.9B in revenue as of 2024, functioning as a tier 1 media tech buyer. The company specializes in telecommunications, providing fixed-line, mobile, television, and internet communication services under the MTS brand to three regional markets in Serbia, Bosnia and Herzegovina, and Montenegro.
Telekom Srbija Group and its subsidiary Mtel deployed Ciena's coherent optical solutions on January 29, 2026, to enhance network connectivity between Serbia and Bosnia-Herzegovina. This network upgrade aims to support 5G readiness and integration into European connectivity routes. Earlier, on January 27, German company NET CHECK confirmed MTS's 5G mobile network as the best in all major cities in Serbia, based on a comparative analysis conducted in the country's five largest cities. This follows a January 19 exclusive partnership between TS Media, the multimedia segment of Telekom Srbija, and national airline Er Srbija, which provides passengers on intercontinental flights to the United States and China with access to selected domestic video content.
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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 consumer electronics, media and TV services 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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