TIRANA (Albania), March 18 (SeeNews) - Finland-based Nokia Siemens Networks, a joint venture of Nokia and Siemens, said on Tuesday it signed a contract to develop a network for broadband services for Albania’s fixed line monopoly Albtelecom for an undisclosed sum.
Thanks to the new technology providing broadband access to the Internet, Albtelecom expects to increase gradually the number and quality of services offered to its current hardly one million customers and to attract thousands of new ones, Nokia Siemens Network said in a statement.
“Albtelecom has chosen Nokia Siemens Networks thanks to its strong competence in next generation network solutions and also due to our longtime collaboration especially in the areas of switches and multiplexing,” Albtelecom deputy CEO Ercan Agir said in the same statement.
Nokia Siemens Network is headquartered in Espoo, Finland.
A Turkish consortium made up of energy-to-finance group Calik and landline operator Turk Telekom bought 76% of Albtelecom for 120 million euro ($189 million) last year.
Albtelecom also runs a wholly owned subsidiary, Eagle Mobile, which is Albania’s third wireless operator.
($=0.6344 euro)
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