Serbia’s state-run Telekom Srbija has made an offer to acquire Telekom Albania as it looks to expand in the Balkans, the Belgrade-based Vecernje Novosti reported, citing sources. Telekom Srbija to acquire Telekom Albania

Telekom Albania has a 39 percent market share in Albania’s telecommunications sector and is 99.79 percent owned by Greece’s OTE.

Two more companies, the Czech Republic’s PPF Group and Bulgaria’s Vivacom are also vying to acquire Albania Telekom, the report said.

It gave no further details. Telekom Srbija is also a majority shareholder in Bosnia’s second-largest telecom operator, Telekom Srpske, and controls Montenegrin mobile operator M:Tel.

The consolidated net profit of the Serbian operator in 2017 stood at 14.7 billion dinars (124.48 million euros), down from 14.95 billion dinars the year before.

The company’s investments fell by 6.2 percent in 2017 to 26.7 billion dinars. Telekom Srbija to acquire Telekom Albania

Serbia tried to sell a majority stake in Telekom Srbija in 2015 as it sought to offload some state assets but rejected all six offers as too low.

An Overview of the Telecom Market in Serbia and Albania

The telecom market in both Serbia and Albania has seen significant changes and growth over the past few years. This article provides an overview of the current state of the telecom market in these two countries.

Serbia’s Telecom Market

Serbia’s telecom industry has been liberalized to encourage competition and ensure universal access. Despite economic difficulties, there has been considerable network investment by operators. The affordability of internet services has improved due to price reduction through competition. The COVID-19 pandemic stimulated consumer uptake of services, particularly mobile data.

Government initiatives, supported by European development loans, are improving rural broadband availability. High mobile penetration weighs on revenue growth; operators need business models that encourage mobile data usage. The regulator has yet to auction 5G-suitable frequencies, but operators are investing in their networks for this next growth frontier.

Key players in the Serbian market include Mobilna Telefonija Srbija (MTS), Telekom Srbija, Vip Mobile, and Telenor Serbia. These companies have been making strides in expanding their services and improving the quality of their networks.

Albania’s Telecom Market Telekom Srbija to acquire Telekom Albania

Information on Albania’s telecom market is less readily available, but it’s known that the country has been making efforts to improve its telecommunications infrastructure. The government has been working to attract foreign investment to help upgrade the country’s networks and services.

While the specifics of the Albanian telecom market are not as well-documented as Serbia’s, it’s clear that both countries are making strides in improving their telecommunications infrastructure and services. This is crucial for their economic development and the digital literacy of their populations.

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