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Company type | Private |
---|---|
Industry | Telecommunications |
Founded | 5 December 1912 |
Defunct | 14 March 2023 |
Fate | Merged with One Telecommunications |
Successor | One Albania |
Headquarters | Tirana, Albania |
Key people | Ervin Shpori, CEO |
Products | Fixed Telephony Mobile Telephony Broadband Internet IT Services Networking Solutions IP television Cloud Services |
Brands | ALBtv, ALBtelecom Mobile, ALBtelecom Wi-Fi |
Owner | 4iG Nyrt. (Antenna Hungária) 80,27%, Albanian ministry of finance and economy 13,78% and Posta Shqiptare 2,47% |
Website | www |
ALBtelecom sh.a. (a shortening of Albanian Telecom, Albanian: Telekomi Shqiptar) was an Albanian telecommunications company. It was established as Albania's state company that provided telecommunications services through a fixed network. On 5 December 1912 the Provisional Government led by Ismail Qemali established the Ministry of Post Telegraph Telephones, where ALBtelecom existed only as a government office.[1] It is the largest fixed line telephone company in the country, currently covering with Optical Fiber Backbone Network the entire territory of Albanian cities (Albania's population is 3.2 million).[2]
It was privatized on 1 October 2007 (following a privatization process which started 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.[1]
In May 1996 ALBtelecom created Albanian Mobile Communications (Now One Albania) in March 2008 created another mobile telephony company called Eagle Mobile,[3] which gained a 13% market share within a year.[4]
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