The Big Fusion Continues, ONE Telecommunications and ALBtelecom Legally Merged to Become ONE Albania
ONE Albania SHA, the new integrated company was successfully registered by 1st of January, becoming one of the most important players with its networks and services in the Albanian market.
After the historic acquisition of ALBtelecom and ONE Communications by the Hungarian ICT company 4iG Group last year, the fusion initiative of these two companies reached a next important, legal step. ALBtelecom, the leading landline voice, internet and TV provider and ONE Telecommunications, the second largest and fastest-growing mobile operator merger reached one of the final stages of their fusion: ONE Albania, the future company was registered by the 1st of January.
“We are very enthusiastic to announce the legal merge and integration of two very important historic telecommunication companies of Albania in such a short time for the industry standards. This speed of integration allows us to focus on providing a higher level of service to our customers.” – said Robert Budafoki, Senior Vice President of 4iG International. “The goal of ONE Albania is to become Albania's leading innovative ICT company and a key player in the digitalization of the Albanian economy.”
The year 2023 started with a legal step of the integration under a new name, ONE Albania. The combined company inherits largest fixed network from the incumbent operator and a high-quality mobile network of fastest growing mobile operator. 4iG Group had appointed the joint management of the company end of July 2022 and launched the first combined product on 1st of September 2022. As previously announced Emil Georgakiev to lead the ONE Albania, in the position of Chief Executice Officer in the future.
“The legal merge is an important milestone on the road leading to an integrated ICT company that offers everything from landline to mobile services. The only thing our clients can feel from this process is higher customer experience” – said Emil Georgakiev, CEO of ONE Albania.
As a nationwide 4P provider ONE Albania will offer a wide range of services in telco market. Also, the company intends to be the market leader in ICT services in Albania.