Key Market Indicators
Montenegro's telecom expenditure is projected to reach approximately €170 million by 2028, a slight increase from €169 million in 2023. This marks a stagnant growth rate, averaging 0% year over year. Since 2011, the demand for telecom services in Montenegro has seen a decline, averaging a 0.6% decrease annually. In the global ranking for 2023, Montenegro holds the 36th position, just behind Albania, which also reported spending of around €169 million. Leading the rankings, France, the United Kingdom, and Italy occupy the second, third, and fourth positions, respectively.
