BH Telecom, a state-owned company headquartered in Bosnia and Herzegovina, was founded in 1997. Operating with approximately 960 employees, the company reported $292.3M in revenue as of 2024. As a tier 1 media tech buyer, BH Telecom functions as a telecommunications provider, with its operations centered in Sarajevo, Bosnia and Herzegovina, delivering a range of telecoms services.
BH Telecom on June 26, 2026, refuted media claims that it is obligated to pay a BAM 50 million breakup fee to United Group if its acquisition of Telemach fails, stating that no preliminary contract guaranteeing such a payment has been signed. Previously, on May 15, 2026, the company began a company-wide reorganisation with international consultants, focusing on restructuring its workforce and organisational structure. Earlier, on April 7, 2026, CEO Amel Kovačević discussed regional interest in buying Telemach and addressed political criticism regarding potential acquisition risks and differing valuation estimates. This follows the company's report on March 12, 2026, of a 10 percent increase in annual net profit to BAM 69.0 million for 2025, with revenues rising almost 2 percent to BAM 566.1 million and operating expenses up 1.3 percent to BAM 489.8 million.
BH Telecom offers 7 products in the media and telecoms services industry. BH Telecom's product portfolio comprises of telecoms, consumer electronics and media and TV services.
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BH Telecom's revenues were less than $500M in 2024. Caretta Research has split BH Telecom's revenue into 7 different product categories, the largest of which is mobile services. For full access to BH Telecom's revenue breakdown subscribe to Caretta Portal.
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