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List: Info-Tech[Info-tech] Fw: SHEKULLIBesnik Pula besnik at alb-net.comTue 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 AMCs >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), Albanias mobile >telephone company with five years 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 Panafons shares. Likewise, when >considering AMCs 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 Albanias >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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