Telekom Srbija

Stock performance

History

Telekom Srbija was formed as Serbia's state telecommunications company and has remained majority government-owned, growing into the largest telecommunications provider in the country and expanding into regional markets across the Balkans through acquisitions of operators in neighboring countries.

Business model

Telekom Srbija provides fixed-line, mobile, and internet services across Serbia and, through acquired subsidiaries, several neighboring Balkan countries, operating as Serbia's largest and most extensively state-backed telecommunications operator.

Market position

Telekom Srbija is the largest telecommunications operator in Serbia, competing with A1 Serbia and Yettel (formerly Telenor) for market share, while its regional expansion has made it a notable Balkan telecommunications player beyond Serbia's borders.

Country impact

Telekom Srbija is one of the largest companies in Serbia and critical national telecommunications infrastructure, with continued majority state ownership reflecting the strategic importance the Serbian government places on the sector.