Milovanović: MTEL is a big family

The company MTEL is the winner of the award of the Association of Managers of Montenegro for the best employer in terms of children and families, which is another testimony of the contribution of the telecommunications operator to the entire Montenegrin social community

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Photo: Promo content
Photo: Promo content
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

Being the best employer in terms of children and families is a great honor and recognition, but also a great obligation and a reminder to never forget where we are and where we are going, said the CEO of MTEL.

The company MTEL is the winner of the award of the Association of Managers of Montenegro for the best employer in terms of children and families, which is another testimony of the contribution of the telecommunications operator to the entire Montenegrin social community.

MTEL CEO Zoran Milovanović said that the company, headed by him, is guided by a vision of the future that offers equal opportunities for everyone. - We take care of each employee individually, and care for one person is care and attention for his whole family. Family is where everything starts. Family is the key to every success. By providing security, motivation, constant opportunity for advancement, professional as well as personal growth of employees, the MTEL company shows that success is not measured only by numbers on paper, but by the smiles of a family - emphasizes Milovanović.

At the award ceremony of the Association of Managers of Montenegro, for the best managers and companies, Milovanović pointed out that MTEL has done great things for the community, but also that they are ready for even greater things.

MTEL
photo: Promo content

- The award I have in my hands shows that the MTEL company is on the right track, that we are one big family with over 500 employees, who work every day with dedication and vision for a better future for all citizens of Montenegro. Nurturing the right values, we move forward, and our families and children go with us and alongside us. Being the best employer in terms of children and families is a great honor and a great recognition, but also a great obligation and a reminder to never forget where we are and where we are going - said Milovanović.

He also referred to the very beginning of the company's work.

-From 2007, when we got the first user, until today, when we are number one in terms of users, with a handful of innovative products that we create, we bring joy, new possibilities and chances to the homes of the citizens of Montenegro. We are the harbingers of a new future, where success is measured not only by numbers but also by children's smiles. With our families and our children, we are ready for even greater things. As it was said in the film about our company, which we had the opportunity to watch, I will repeat once again "Family is a bond that never weakens" - said the executive director of MTEL.

MTEL
photo: Promo content

The numbers speak for the success of the MTEL company, last year a profit of 28,5 million euros was recorded, which is six times more than in 2022. Also, 111,5 million euros were generated last year, which is an increase of 36 percent compared to 2022, when revenues amounted to 81,62 million euros. Revenues from sales amounted to EUR 79,1 million.

MTEL is also a leader in market share. According to available data on market share at the end of March this year, MTEL is in first place in the mobile telephony segment with a share of 38.63 percent. The number of prepaid users was 226,527, that is, 270,832 postpaid users, which means that at the end of the third month of this year, the company had as many as 497,359 users.

MTEL
photo: Promo content

The market share of postpaid users of the MTEL network at the end of March is 34.82 percent, that is, 44.45 percent of prepaid users. The youngest telecommunications operator, we are the first on the market in terms of the number of cable users with a share of 40.93 percent, but also in terms of the number of Internet users with a share of 44.2 percent.

The company MTEL started operating in Montenegro in 2007 as the youngest telecommunications operator. MTEL is part of the Telekom Srbija group.