# Balkan telecommunications financial performance

> Developing situation record from CLSTR: https://clstr.news/situations/balkan-telecommunications-financial-performance
> Updated: 2026-11-04T10:05:58.000Z. Sources: 14. Developments: 2.

Regional telecommunications companies have reported significant financial activities and growth. Telekom Srbija announced a dividend payout to shareholders totaling 2.24 billion dinars. In Croatia, Hrvatski Telekom reported a 3.5% year-on-year revenue increase for the first nine months of 2026, with net profit rising by 8.6% to 121.5 million euros. The company is focusing on expanding its FTTH network coverage.

BH Telecom announced a 50 million KM dividend, the largest regular annual payout since 2018. This follows a record-breaking year for the company, which reported its highest revenue in 11 years and its highest pre-tax profit in 10 years. Of the dividend, 45 million KM will be directed to the budget of the Federation of Bosnia and Herzegovina.

## Claims

- BH Telecom will pay 50 million KM in dividends to shareholders. (reported by 4 sources)
- 45 million KM of the dividend will go to the budget of the Federation of Bosnia and Herzegovina. (reported by 4 sources)
- BH Telecom's 2025 revenue was 566.1 million KM. (reported by 4 sources)
- The 2025 revenue was 10.4 million KM higher than the previous year. (reported by 4 sources)
- Net profit reached nearly 70 million KM. (reported by 4 sources)
- EBITDA was 169 million KM. (reported by 4 sources)
- The company plans to invest 410 million KM over a three-year period. (reported by 4 sources)
- Amel Kovačević is the General Director of BH Telecom. (reported by 4 sources)

## Timeline

### 2026-11-04: BH Telecom to pay 50 million KM dividend

BH Telecom will pay a 50 million KM dividend, with 45 million KM going to the Federation of Bosnia and Herzegovina budget, following record revenues and profits in 2025.

5 sources. https://clstr.news/cluster/bh-telecom-to-pay-50-million-km-dividend

### 2026-10-29: Telekom Srbija and Croatian financial institutions report growth

Telekom Srbija announces a 2.24 billion dinar dividend, while Hrvatski Telekom and HPB report increased revenues and profits for the first nine months of 2026.

9 sources. https://clstr.news/cluster/telekom-srbija-to-pay-224-billion-dinars-in-dividends

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Cite as: Balkan telecommunications financial performance. CLSTR, https://clstr.news/situations/balkan-telecommunications-financial-performance