The controversial and long drawn-out privatisation of the incumbent Albanian telco Albtelecom has finally been completed. According to local reports, a 76% stake in the telco has been purchased by the Turkish company Calik Enerji for €120 million plus a promised additional investment of €30 million. Albtelecom has 250,000 customers and is the leading provider of broadband services in Albania. Separately, Top Media, the owner of Albania’s DTH platform DigitAlb, was fined €13 million earlier this month for tax evasion.
