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TIRANA, June 3 – Slovenia’s national telecoms operator, Telekom, reported that it has bought the Albanian operator H-Communications. The purchase price, however, was not released.
“This acquisition will … enable us to cover the entire Albanian territory,” Dusan Mitic, vice president of Telekom’s management board, told a news conference. Telekom made its first purchase in Albania last year when it bought the country’s largest Internet service provider, AOL SP, as a part of the company’s plan to expand in the markets of southeastern Europe and the Mediterranean.
Telekom has a market capitalization of 1.6 billion Euros. (Tirana Times Staff)
