News

Albanian government wants to sell minority stakes in formerly public-owned companies. It has launched a tender for a 12.6 percent stake in Albanian Mobile Communication (AMC), a part of the Greek COSMOTE Group.



Albanian Mobile Communications (AMC), headquartered in Tirana and launched in May 1996, is the first Albanian mobile phone operator. In 2000, Cosmo-Holding Albania S.A. acquired an 85% stake on AMC for $85.6 million. Cosmo-Holding is owned by the Greek mobile phone operator Cosmote.