Banja Luka-based Telekom Srpske, which offers services using the m:tel brand across Bosnia and Herzegovina, recorded a 6.2% increase in net profit in the year ended 31 December 2014, according to Reuters. With turnover in the financial year standing at BAM488 million (USD332 million), representing a year-on-year increase of 2.1%, net profit for the twelve-month period stood at BAM106.5 million. Commenting on the improved results the company was cited as saying: ‘This is a consequence of technology development and constant improvement and expansion of the service portfolio, and the rise in the number of users of integrated services.’
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