Mtel, also known as m:tel, is a privately owned telecommunications company headquartered in Bosnia and Herzegovina. It operates as a subsidiary of MTS (Telekom Srbija). Founded in 2007, the company employs approximately 2,070 individuals and reported $264.0M in revenue as of 2024. Mtel operates as a tier 1 media tech buyer. Legally known as m:tel a.d. Banja Luka, and formerly as Telekom Srpske a.d. Banja Luka, the company specializes in providing telecommunication services.
M:tel reaffirmed its dominant position in Bosnia and Herzegovina's telecommunications sector, reporting a net profit of BAM 43 million for the first half of 2026, marking a 47.71% increase from the same period in 2025, driven by robust service revenue. Previously, on April 21, 2026, the company selected SmartViser's viSer Neo and viSer Neo+ solutions to enhance its testing capabilities and ensure service quality across its mobile services. This followed M:tel's introduction on February 1, 2026, of an improved method for postpaid users to manage mobile internet roaming, aiming to provide greater security and clearer control over expenses.
Mtel offers 6 products in the media and telecoms services industry. Mtel's product portfolio comprises of telecoms and media and TV services.
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Mtel's revenues were less than $500M in 2024. Caretta Research has split Mtel's revenue into 6 different product categories, the largest of which is mobile services. For full access to Mtel's revenue breakdown subscribe to Caretta Portal.
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