Reason to invest

Telekom Srbija as the main company has the largest participation in Group (TSG), followed by subsidiary company MTEL Bosnia & Herzegovina and MTEL Montenegro.

We are one of the largest telco operators in South-Eastern Europe

 2021 – Group in numbers

Subscribers
(+3,9% YoY)
0 M
Revenues
(+9,3% YoY)
0 B
EBITDA
(+11,4% YoY)
0 M
EBITDA %
(+0,7pp YoY)
0 %

We are one of the largest telco
operators in South-Eastern Europe

2021 – Group in numbers 

Subscribers
(+3,9% YoY)
0 M
Revenues
(+9,3% YoY)
0 B
EBITDA
(+11,4% YoY)
0 M
EBITDA %
(+0,7pp YoY)
0 %

Markets with our core business:

Serbia

Bosnia &
Herzegovina

Montenegro

North
Macedonia

Markets with our Virtual & OTT business and new entry markets:

Austria

North Macedonia

Worldwide

Switzerland

Markets where TS Group is the exclusive distributor of sports content:

Serbia

Bosnia &
Herzegovina

Montenegro

North
Macedonia

Slovenia

Croatia

Stable ownership structure

58,11%

Republic of Serbia

20,00%

Treasury shares

14,95%

Individuals

6,94%

Current & former
employees

Owned by Republic of
Serbia with ratings:

With unchanged ownership structure since
2012

BB+/positive
Ba2/stable

Strong financial track record
and Customer base growth

Operating Revenues

in millions €

EBITDA, EBITDA %

in millions €

OCF/EBITDA in %
OCF

in millions €

Customer Base
Evolution

in million

Leading market position and 3 main Telco markets

In markets of Serbia, Bosnia & Herzegovina and Montenegro, Telekom Srbija Group members are champions in telecommunication services offered to both residential and business customers.

216

Own Stores

1.105

Employees

Serbia

Fixed 74,9%

Mobile 43,4%

F.Broadband 54,9%

Pay TV 48,6%

Direct sales channel

Bosnia & Herzegovina

Fixed 35,4%

Mobile 35,9%

F.Broadband 32,2%

Pay TV 27%

Direct sales channel

Montenegro

Fixed 36,9%

Mobile 34,3%

F.Broadband 42,5%

Pay TV 37,2%

Direct sales channel

Undisputed market leader in Serbia providing 4-play services in all main markets

Leading exclusive content provider

Telekom Srbija has a mix of the most watched content in the region

Content Production

Telekom Srbija is the region’s largest video and TV content producer with international expansion. Worldwide content provider to other Telco and Streaming platforms, such as Disney + (India), GloboPay (Brazil), Somos Next (USA), Flix Lation (Puerto Rico), Pop TV, Brio channel, Voyo (Slovenia), RTL, and Play Premium (Croatia)

Exclusive Sports Rights

Exclusive provider of sports rights for all other telco operators in six country in the region.

Premier League, UEFA, Spanish, Italian, Portuguese league, ABA, NBA League National Football league Etc…

TV Production

High-quality content and exclusive programming from the a leading content producer with our own TV channels production, exclusive information channel and partnerships with euronews and Bloomberg.

Company Milestones

Dynamic company capturing growth
from regional opportunities

Fully owned mobile network

with population (and territory) coverage in Serbia

>98% (85%) in LTE
>99% (92%) in GSM

Fully owned fixed GPON and HFC network

in Sebia more than

1m FTTH
Home Passed

Telco business supported with

Exclusive content distribution rights

Business Milestones and Corporate History Timeline