M:tel announced earnings results for the first quarter of 2020. The company achieved a net profit of BAM 9.2 million during the first quarter, up 0.6% from the year before's BAM 9.3 million. Total revenues lifted 2.4% to BAM 100.4 million, while total expenditure increased 2.8% to BAM 90.0 million. Accumulated retained earnings amounted to BAM 52.8 million. Total operating income increased 2.5% on the year to BAM 99.9 million in January-March.