Our company guarantees commitment, trust and innovation!

Affordable prices, friendly relationship with customers and leading role in the introduction of new technologies and services!

About company

M:tel company was granted a licence for the third telecom operator in Montenegro in April 2007. The structure of m:tel owners is the following: 51% belongs to Telekom Srbija and 49%  to Telecom of the Republic of Srpska.

Upon receiving a license to operate a mobile phone network, the most modern mobile network was built, within the period of only 77 days. M:tel company was recapitalized with the value of 40 million Euros in February 2010, and its value is about 140 million Euros, along with the initial investment.

Telekom Srpske
Telekom Srbija


Mission of m:tel company is to become a significant telecom operator, recognized not only for its quality service, affordable prices, friendly, open relationship with its customers, but also for its leading role in introducing new technologies and services. Key values ​​of our company are commitment, trust and innovation.

Employees are strategic resource of our company. The importance of professional and well-organized team has been recognized as a key factor of success. There are about 350 employees in our company. The average age of the employees is 35; 45% out of which hold a university degree. 


The network commenced commercial operations on 9 July 2007 and 16 branches have been opened in 14 cities of Montenegro so far. Even though m:tel is the youngest mobile operator in Montenegro, it has expanded the points of sale system to the extent of having the largest number of retail checkpoints. In just six months, m:tel has won a quarter of the mobile telephony market. Presently, the Company partakes with 29% of the overall mobile users and about 25% of the multi-media (television, Internet and landline telephony) service users, with over 98%  mobile telephone signal coverage in the populated territory.

14 29%25%98%

Cities of Montenegro

Mobile telephonyMultimedia servicesMobile telephone signal coverage


As a socially responsible company, m:tel wants to participate actively in the daily progress of the Montenegrin society, contributing to the development of the community, therefore the company provides special support for social, cultural, educational, health and sports programs and initiatives. 

Helping others to develop and realize life is a permanent commitment of m:tel company. In achieving these goals m:tel will always abide by the Company's strategic slogan "You have friends!

Ownership structure

Board of Directors consists of the chairman and four members:

Milenko Dželetović– Chairman of the Board of Directors and a member

Aleksandar Radovanović – Board of Directors member

Marko Lopičić – Board of Directors member

Jana Ljubičić – Board of Directors member

Žika Gojković – Board of Directors member

Organizational structure of m:tel consists of the following departments:

  • Technique Department
  • Marketing, Sales and Customer Care Department
  • Corporate Affairs Department
  • Economic Affairs Department
  • Human Resources Department
  • Independent Wholesale Department 

M:tel company is part of Telekom Srbija group, consisting of:

mts Serbia

m:tel BiH

m:tel Montenegro

Vladimir Lučić


He was born on 18 February, 1971 in Šabac. He is a graduate electrical engineer, and holds an MBA degree he received from the Kurt Bösch University Institute (Switzerland). He gained his professional experience at Ericsson in Sweden, where he worked on research and in Germany as a support engineer to O&M systems.

Management team:

Zoran Stanišić

Zoran Stanišić

Chief Technology Officer

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Milivoje Cerović

Milivoje Cerović

Director of Marketing, Sales and Customer Care Department

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Marija Ateljević

Marija Ateljević

Director of Corporate Affairs

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Tatjana Mandić

Tatjana Mandić

Director of Economic Affairs

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Dragana Ratković

Dragana Ratković

Director of Human Resources Department

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Saša Jovanović

Saša Jovanović

Head of Independent Wholesale

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