September 21, 2014 1:54 PM ET

Diversified Telecommunication Services

Company Overview of ALBtelecom Sh.a.

Company Overview

ALBtelecom Sh.a. provides fix telephony and Internet services for corporate and individual customers in Albania. It offers digital network for integrated services and prepaid calling cards; and asymmetric digital subscriber line (ADSL), dedicated Internet access, and Albanian Internet exchange point, dial-up, and Intranet services. The company also provides credit transfers, dedicated lines, leased circuits, LAN connection, and optical fiber transmission services; and E-bill, ADSL limit control, ADSL speed test, and online support services. It serves businesses and undertakers, including professionals, and medium and big businesses in public and private sectors. The company was formerly know...

Myslim Shyri No. 42

Tirana,  00355

Albania

Founded in 1912

Phone:

355 422 69356

Fax:

355 422 28406

Key Executives for ALBtelecom Sh.a.

Chief Executive Officer
Chief Information Officer and Deputy Chief Executive Officer
Chief Corporate Service Officer
Chief Technology Officer
Chief Sales Officer
Compensation as of Fiscal Year 2014.

ALBtelecom Sh.a. Key Developments

Albanian Governement To Sell Stakes in 21 Enterprises by 2014

The Albanian government plans to sell its majority and minority stakes in at least 21 enterprises by the end of this year. The privatization plan for 2014 includes the sale of ten enterprises, wholly-owned or where government has a majority stake, estimated at €8.34 million. Government also plans to sell its minority shares in at least ten other enterprises, including ALBtelecom Sh.a. in the final quarter of 2014. The Economy and Trade Ministry had previously set a price tag of €34 million for the remaining 16.7% state owned stake in Albtelecom. The privatization list initially included minority stakes in Albanian Oil Refining and Marketing Company (ARMO) and CEZ Shperndarje Sh. A. Government also plans to collect €5 million from the sale of several small assets such as buildings or military facilities. The 14.9% minority share in ARMO will be offered for €22 million in a tender scheduled for 2015. The Albanian government also plans to sell Albpetrol Sh.A. after its failed privatization in 2012.

Albtelecom Introduces VDSL Service for Business Users

Albtelecom introduced the first VDSL service for business customers. It is fast in the DSL internet family and uses copper lines to offer higher speeds. Two packages area available: e-Biz Super 100 at 100 Mbps for ALL 9,000 per month and e-Biz Super 50 at 50 Mbps for ALL 6,000.

Albtelecom and Eagle Mobile Open New Sales Point in Tirana

Albtelecom and Eagle Mobile have opened another "Meeting Point" for customers, located in Don Bosko Street in the capital city of Tirana. Albtelecom and Eagle Mobile now have over 150 sales points nationwide and are looking to still expand. Visitors to the new sales point will be able to get information about the convergent services provided, including fixed and mobile telephony, broadband internet and IPTV (ALBtv).

Similar Private Companies By Industry

Company Name Region
ALBtelecom Sh.a. Europe
Albtelekom Ltd. Europe
Albanian Fiber Backbone Europe
H-Communications sh.a. Europe
Primo Communications d.o.o. Europe

Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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