ALB Telecom

Tirana, Albania Founded: 1912 • Age: 114 yrs Acquired By 4iG
Third largest telecom operator in Albania
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About ALB Telecom

ALB Telecom is a company based in Tirana (Albania) founded in 1912 was acquired by 4iG in December 2021.. ALB Telecom operates in a competitive market with competitors including MTN, Jio, Airtel, SK Telecom and Optus, among others.

  • Headquarter Tirana, Albania
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    4iG

    (Dec 08, 2021)

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Funding Insights of ALB Telecom

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ALB Telecom

ALB Telecom has secured backing from 1 investor. Prominent investors backing the company include 4iG. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Cybersecurity, managed, and industrial solutions are provided by 4iG.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ALB Telecom

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ALB Telecom

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Alb Telecom Comparisons

Employees
+
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Competitors of ALB Telecom

ALB Telecom operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MTN, Jio, Airtel, SK Telecom and Optus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
MTN Group is recognized as a leading telecommunications provider in Africa.
domain founded_year HQ Location
Provider of telecommunication services
domain founded_year HQ Location
Airtel is recognized as a provider of telecommunications and internet services.
domain founded_year HQ Location
Provider of integrated telecommunication services
domain founded_year HQ Location
Mobile internet services are provided for homes and offices.
domain founded_year HQ Location
Integrated telecom service provider
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Alb Telecom

Frequently Asked Questions about ALB Telecom

When was ALB Telecom founded?

ALB Telecom was founded in 1912.

Where is ALB Telecom located?

ALB Telecom is headquartered in Tirana, Albania.

What does ALB Telecom do?

ALB Telecom was founded in 1912 and operates as the third largest telecom provider in Albania, based in Tirana. Ownership is held by CETEL with 76 and the Albanian government with 24. Services encompass ADSL internet, 4G and 3G mobile connectivity, Wi-Fi, ALBtv IPTV for consumers and businesses, alongside a nationwide fiber optic network. Mobile operations are conducted under the Eagle Mobile brand.

Who are the top competitors of ALB Telecom?

ALB Telecom's top competitors include MTN, AT&T and Optus.

Who are ALB Telecom's investors?

ALB Telecom has 1 investor. Key investors include 4iG.

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