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List: Info-Tech

[Info-tech] Fw: SHEKULLI

Besnik Pula besnik at alb-net.com
Tue Jan 11 23:48:10 EST 2000


-----Original Message-----
From: Agron Alibali <aalibali at yahoo.com>
To: Asti Pilika <pilika at yahoo.com>; albsa-info at alb-net.com
<albsa-info at alb-net.com>
Date: Tuesday, January 11, 2000 7:34 PM
Subject: [ALBSA-Info] SHEKULLI


>          ----------- ALBSA-Info Mailing List ---------
>          - ALBSA Web Site: http://www.albstudent.org -
>
>Press Review: "Shekulli"
>
>AMC Scandal Covered Up by The Pretenders
>
>The Greek company "Panafon" is undertaking
>privatisation procedures for Albanian Mobile
>Communications (AMC), the only mobile telephone
>company in Albania, independent daily ‘Shekulli’
>reported on Monday.
>
>The paper reported that Panafon is financially no more
>stronger or weaker than AMC. Looking at AMC’s
>financial situation it can be said that this company
>could buy shares in similar companies in the Balkans,
>and beyond.
>
>Following are excerpts from the report:
>
>Albanian Mobile Communications (AMC), Albania’s mobile
>telephone company with five year’s experience in the
>market, recorded a profit of Lek936m for 1999. But
>this company, which has extended its activity to all
>the major cities of the country, will be sold abroad.
>
>One of the companies to have started privatisation
>procedures for AMC is Panafon, with its centre in
>Greece. Like AMC, Panafon was established this decade,
>in 1992, and is financially no stronger or weaker than
>AMC. When comparing the incomes of Panafon and AMC,
>and considering the respective population densities
>and territorial sizes in which the two companies
>operate, the revenues of the two companies are almost
>the same.
>
>Consequently, it can be said that AMC has the moral
>right to buy Panafon’s shares. Likewise, when
>considering AMC’s financial situation, it can be said
>that this company can buy shares in similar companies
>in the Balkans and further.
>
>Albania has a very favourable position at the
>crossroads of sea and air routes. But the companies
>that are to privatise AMC are some of those that were
>omitted from the list of competitors during a
>preliminary process undertaken by the Italian company,
>IMI.
>
>To give Panafon, or another company on the list, the
>opportunity to privatise AMC means that something has
>happened with the privatisation procedures, since much
>more reputable companies on the continent, and
>elsewhere in the world, in the field of mobile
>telephone systems have been omitted from this process
>while daughter companies as young as AMC and with a
>financial and economic situation similar to it have
>been selected.
>
>The economic mentalities should be changed and for a
>start it should be said that it is time for Albania’s
>economy to become more demanding and extensive.
>
>The opening up to foreign markets does not only mean
>that foreigners would devour the economy, property and
>natural resources of the Albanians but also that this
>would block the chance for the latter to invest in






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