Crnogorski Telekom reported earnings results for the year 2016. For the year, the company generated revenues of €92.108 million against €98.952 million, representing a decrease of 7% over the previous year. The decrease in revenue was mainly related to the effects of regulation, the reduction of revenue from fixed telephony and reduced volume of incoming traffic. EBITDA was lower by 15%, and net profit dropped by €6.5 million to €9.407 million against €15.863 million a year ago. Operating profit was €12.357 million against €18.758 million a year ago.