Makedonski Telekom AD, also known as Macedonia Telecom, a privately owned telecommunications company headquartered in Skopje, North Macedonia, is part of the Magyar Telekom Group, a fully consolidated subsidiary of the international Deutsche Telekom Group. Founded in 1997, the company operates with approximately 800 employees and reported $232.4M in revenue as of 2025. Functioning as a tier 1 media tech buyer, Makedonski Telekom AD specializes in providing telecommunications services within North Macedonia.

Revenue

Founded

1997

Headcount

808

Headquarters

North Macedonia

Primary Segment

Telecoms

Ownership

Privately Owned

News Summary:

Makedonski Telekom's shareholders on May 28, 2026, approved a proposal to distribute a gross dividend of 28.9 denars ($0.54/0.46 euro) per share for 2025, an increase from the previous year's payout of 27.6 denars per share. Previously, on May 13, the company reported customer growth across all segments in the first quarter of 2026, with its mobile customer base rising 1.9% to 1.28 million, where postpaid contracts constituted 48.7% of the total. Fixed voice accesses increased 2.3% to 238,959, fixed retail broadband customers grew 3.5% to 226,454, and the TV customer base expanded 6.1% to 171,428. Earlier in May, Makedonski Telekom announced its first-quarter 2026 financial results, with net profit edging up 1% year-on-year to 545.5 million denars ($10.3 million/8.9 million euro). This increase reflected a 6% growth in operating revenues, which reached 2.96 billion denars, partly offset by rising operating expenses and lower financial income. Capital expenditure for the three-month period totaled 411 million denars. In April, specifically on April 27, the company organized a business conference in Skopje under the motto "Next Level of Digital Security," attended by numerous representatives from the business sector, institutions, and cyber security experts.

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Makedonski Telekom AD offers 5 products in the media and telecoms services industry. Makedonski Telekom AD's product portfolio comprises of telecoms, consumer electronics and media and TV services.
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Makedonski Telekom AD's revenues were less than $500M in 2025. Caretta Research has split Makedonski Telekom AD's revenue into 5 different product categories, the largest of which is mobile services. For full access to Makedonski Telekom AD's revenue breakdown subscribe to Caretta Portal.
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Examples of Makedonski Telekom AD's suppliers include Vantiva, MediaKind and Google.

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Makedonski Telekom AD currently holds 11 broadcasting rights for sports competitions including soccer | association football.

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