BH Telecom Achieves Record-Breaking Revenues

Despite global economic pressures, BH Telecom's strategic investments and focus on digital transformation propel it to new heights, with a 36% increase in profit and a leap in subscribers

In an impressive demonstration of resilience and strategic vision, BH Telecom has reported record-breaking revenues and profits for 2024, reaffirming its dominant position in Bosnia and Herzegovina’s telecommunications sector.

The company’s revenue soared to 556 million KM, the highest in a decade, while its gross profit surged by 36%, reaching 72 million KM—its largest since 2016.

Subscriber numbers also hit 2.1 million, boosted by a 23,000 increase in new users.

CEO Amel Kovačević attributed the success to the company’s robust growth strategy, emphasizing its commitment to digital transformation, infrastructure investment, and customer-centric innovation.

Despite the economic challenges posed by inflation and global uncertainty, BH Telecom maintained efficient cost control and invested heavily in LTE networks, optical infrastructure, and digital services, totaling 76 million KM in investments.

The company has also proven itself a desirable employer, ranking among the top 10 in Bosnia and Herzegovina for 2024, highlighting its focus on talent development.

Have a news tip or story to share? Email us at info@connectingregion.com

Artificial Intelligence Set to Reshape Job Market in Serbia

The rapid development of artificial intelligence is expected to significantly reshape the labour market, with experts warning that certain...

Over 230,000 Electronic Certificates Issued Since e-Bolovanje Launch

Since the introduction of the e-Bolovanje system, more than 230,000 electronic sick leave certificates have been issued in Serbia,...

Leadership Transition at Rimac Technology 

Rimac Technology, the internationally recognised Tier 1 automotive supplier, has announced key leadership changes designed to steer the company...

Bosnia and Herzegovina Advances Armed Forces Modernization

The Council of Ministers of Bosnia and Herzegovina has approved several multi-year modernization projects for the Armed Forces, including...

North Macedonia to Welcome Two Major High-Tech Foreign Investments

North Macedonian Prime Minister Hristijan Mickoski announced two major foreign high-tech investments, one from Turkey and one from Germany,...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities