Crnogorski Telekom has reported continued financial growth for the first half of 2025, marking the 17th consecutive quarter of profitability. The company generated €44.1 million in revenue, representing a 3.4% increase compared to the same period in 2024. EBITDA, excluding one-off effects and lease expenses, rose by 4.6% to €15.8 million. Net profit also recorded an upward trend during the period.
The company experienced growth across various service segments. The number of users of fiber-optic internet increased by 10% year-on-year, with the network being expanded to an additional 9,000 households. In the mobile segment, the number of postpaid users rose by 2.5%, while mobile internet users grew by 3.9%.
Broadband users climbed to 85,000, marking a 0.5% increase. The TV user base reached 79,000, which is a rise of 1.5%. Crnogorski Telekom emphasized that all these positive trends were achieved despite significant challenges in the market, including inflation and increased energy and equipment costs.
The company stated that it remains committed to investing in network development, digitalization, and customer experience, aiming to maintain its leading position in Montenegro’s telecommunications market.