The former Yugoslav Republic of Macedonia was officially renamed as the Republic of North Macedonia in 2019 after reaching an agreement with neighbouring Greece over the use of the “Macedonia” name. Since its independence in 1991, North Macedonia has made progress in liberalizing its economy and improving its business environment. Its low tax rates and free economic zones have helped to attract foreign investment, which is still low relative to the rest of Europe.
The Internet penetration rate in North Macedonia was of nearly 76% by the end of 2018. Wireless access is available to about 95 percent of Macedonians, even those living in remote mountain villages where people don’t have fixed-line telephones. Mobile data services are becoming increasingly important following investments in LTE network rollouts and in upgrades to LTE-A technology.
North Macedonia’s mobile market is served by only two mobile network operators. Although the fixed telephony market has been liberalised, the incumbent MakTel still dominates this sector. Broadband services are widely available, with effective competition between DSL and cable platforms, as well as developing wireless broadband and fibre sectors. The number of DSL subscribers has continued to fall in recent years as customers are migrated to fibre networks. The Agency for Audio and Audiovisual Media Services (AVMU) is the regulator body for fair competition in the telecoms industry.
Since its independence in 1991, North Macedonia has made progress in liberalizing its economy and improving its business environment, but has lagged the Balkan region in attracting foreign investment. North Macedonia’s economy is closely linked to Europe as a customer for exports and source of investment, and has suffered as a result of prolonged weakness in the euro zone. Unemployment has remained consistently high, but this data may be overstated due to the existence of an extensive gray market, which is not captured by official statistics.
North Macedonia maintained macroeconomic stability through the global financial crisis by conducting prudent monetary policy, which keeps the domestic currency pegged to the euro, and inflation at a low level. However, in the last two years, the internal political crisis has hampered economic performance, with GDP growth slowing in 2016 and 2017, and both domestic private and public investments declining.
AD Makedonski Telekomunikacii was first introduced in 1997 as a state-owned company, which was privatized in 2001. In 2008, it officially became part of the Deutsche Telekom group. From this date onwards the company runs as a legal subject under the name Makedonski Telekom, an umbrella brand name under which the company continues to offer its whole service portfolio intended for consumer and business customers, including fixed lines, mobile, and Internet access. Makedonski Telekom is the dominant fixed and mobile line operator on the North Macedonian market; it also operates as an Internet service provider, and as integrated telecommunications and entertainment services provider.
RELEVANT INTERNET EXCHANGE POINTS
NetIX-SKO – NetIX Global Internet Exchange, Skopje
NOC Telesmart Telekom
Nikola Parapunov bb
Pero Nakov No.1