Telecom Srpske says revenues down but profits up

3 Mar 2011

Bosnia’s Telekom Srpske has posted revenue of BAM488 million (USD345 million) for 2010, down 11.3% from 2009 amid difficult economic conditions in the country. Lower costs, however, helped the company to record a 5.3% rise in pre-tax profit to BAM120.3 million. Reuters reports that general manager Predrag Culibrk told a news conference yesterday that the company’s wireless subscriber base increased 9.4% to 1.34 million. Mobile revenues accounted for 55% of Telekom Srpske’s total sales in 2010. The number of fixed line subscribers fell 3% to 344,132.

Bosnia and Herzegovina, Telekom Srpske (m:tel),


Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate



Filter CommsUpdate by the following categories or use the search.


Visit our help page information on performing advanced searches, including how to restrict the results by country or company.


CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.