Majority state-backed Bosnian cellular, fixed and broadband operator HT Mostar has reported that its net profit for the full-year 2011 rose by 32.1% to BAM10 million (USD6.6 million), up from BAM7.6 million in 2010. Elsewhere, another state-controlled Bosnian telco, BH Telecom, reported a drop in its 2011 annual net profit to BAM134.3 million, down by 2.4% from the BAM137.6 million figure it posted for 2010.
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OVETEL Profits up, down at HT Mostar, BH Telecom
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