Bosnia's BH Telecom sees 2014 profit at nearly 58 mln euro

The company did not provide any comparative figures, but back in April said that its net profit fell 4.2% to 116.6 million marka in 2013.

The carrier said in a statement it sees 2014 revenues at 580 million marka.

BH Telecom, which offers fixed and mobile voice services and Internet access, said it expects to have at the end of the year 412,463 fixed line users (POTS and ISDN), equal to a market share of 47%. Its internet users are seen at 181,045.

The carrier's active mobile users are seen at 1.63 million at the end of 2014, equal to a market share of 46.5%. 

BH Telecom is based in Sarajevo and has customers mainly in the Muslim-Croat Federation, one of the two autonomous entities that form Bosnia and Herzegovina. The other one is the Serb Republic.

The other two Bosnian telecoms are HT Mostar, which is also active in the Federation, and Telekom Srpske which operates in the Serb Republic.

(1 euro=1.95583 Bosnian marka)