Albtelecom SH. a.

Albtelecom SH. a.

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Last update: Dec 6, 2024 Last update: Dec 6, 2024
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Details

Legal residence:Albania
Organization type:Consulting organization
Funding agencies:EC, Other, ADA
European Commission Directorate-General for International Partnerships (EuropeAid HQ), Other, Austrian Development Agency HQ
Sectors:Telecommunications
Telecommunications
Nr. of employees:501-1000
Sanctions:Check now
Status:
Active

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About

Albtelecom SH. a. was founded on 5 February 1992 as Albania's state telecommunications company, having previously existed as a government office tracing its history back to 1912. It is the largest fixed line telephone company in the country, currently covering around 10 per cent of Albania's 3.2 million population. It was privatized on 1 October 2007 (following a privatization process starting in 2000), with 76% of its shares sold by the Albanian government to a consortium of two Turkish companies, Çalık Holding and Türk Telekom, with Calik taking 80% of the consortium's stake. ALBtelecom is a new reality now with capacities to change itself and be an absolute part of telecommunication development technology. Licensed by ERT since 1992 in offering fixed telephone services, ALBtelecom has now the absolute superior fixed telephone and internet services. The year 2008 marks the start of a new era within the company itself as well as in the fixed network telecommunication services. After a year of transition because of privatization and real situation identification by the buyer company, the investments are focused on it’s national infrastructure and network improvement. ALBtelecom as the absolute market leader with the quality service increase, infrastructure investments and tariff sensitive decrease makes stronger the tie with Albanian citizens.

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