Mtel a.d. Banja Luka, trading as Mtel, is the second largest mobile carrier operating in Bosnia and Herzegovina. The company was a state-owned corporation from December 1996 up until December 2002 when the company was listed on the Banjaluka Stock Exchange as a Joint Stock Company. The company was still primarily state owned up until June 2007 when Serbian company Telekom Srbija, a.d. Beograd made a successful majority bid.
The Company’s main business activity is telecommunications, which defines the activities in provision of the telecommunication and related services i.e. voice, data, text, sound and picture transmission respectively. Along with the main activity, the same article of the Company Statute also stipulates the other Company activities, by which Mtel provides a wide spectrum of other telecommunication services, including other fixed telephony services, data transmission, leased lines, private lines, services in the entire network area, additional services in the mobile telephony, Internet and multimedia services.
In addition to standard 2G services over 900 and 1800 MHz, Mtel operates 3G services over B1 (2100 MHz) and B8 (900 MHz). The company successfully trialled LTE in May 2013 in partnership with ZTE, however to date no 4G services have been launched.