In 2023, Telekom Srbija exceeded all previous year’s results, as indicated by the business performance of the Telekom Srbija Group, as reported by “Novosti.” Business revenues reached nearly two billion euros, or 230.8 billion dinars, while operating profit before depreciation and interest surpassed one billion euros, or 112.5 billion dinars. The number of subscribers, primarily in Serbia, Bosnia and Herzegovina and Montenegro, grew by 6.2 percent to 11.4 million.
In terms of subscribers, there was an increase of 266,000 in 2023, with 8.1 million subscribers using Telekom’s services in Serbia. In Bosnia and Herzegovina, the number was 2.1 million, and in Montenegro, it was 740,000.
Telekom Srbija maintains a dominant position in fixed and mobile telephony, internet, and cable television in Serbia. In Bosnia and Herzegovina, they lead in fixed telephony, while ranking second in mobile telephony and cable network subscribers. In Montenegro, they are second in fixed network services but lead in mobile subscribers, as well as in cable and internet services.
