BH Telecom, a state-owned company headquartered in Bosnia and Herzegovina, founded in 1997, employs approximately 960 individuals, and reported $292.3M in revenue as of 2024. Operating as a Bosnian telecommunications company, it functions as a tier 1 media tech buyer and specializes in telecoms services.
On March 12, 2026, BH Telecom reported a 10 percent increase in its annual net profit for 2025, reaching BAM 69.0 million. The state-owned company's revenues rose almost 2 percent to BAM 566.1 million, with operating expenses increasing 1.3 percent to BAM 489.8 million. Previously, on March 9, BH Telecom announced it would secure a syndicated loan of 390 million marka ($230 million/199.4 million euro) from eight local banks to finance the planned acquisition of its peer Telemach, a unit of United Group, in the local market and Montenegro, as stated by director Amel Kovacevic. Earlier, on February 18, the operator initiated the gradual shutdown of its 3G technology, beginning March 31, 2026, as part of an upgrade to its mobile network, with services transitioning to its modern 4G+ network. On February 17, BH Telecom adopted digital business support systems provider Qvantel's charging platform to modernize its charging and payment infrastructure, incorporating Optiva's (now part of Qvantel) charging engine and payment system.
BH Telecom offers 7 products in the media and telecoms services industry. BH Telecom's product portfolio comprises of consumer electronics, media and TV services and telecoms.
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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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