Albanian Mobile Communications
Encyclopedia
AMC is a Telecommunications company in Albania
Albania
Albania , officially known as the Republic of Albania , is a country in Southeastern Europe, in the Balkans region. It is bordered by Montenegro to the northwest, Kosovo to the northeast, the Republic of Macedonia to the east and Greece to the south and southeast. It has a coast on the Adriatic Sea...

. It is a member of Cosmote
Cosmote
COSMOTE is the largest mobile network operator in Greece, with 7.9 million subscribers. The company is headquartered in Athens and it is a fully owned subsidiary of the Hellenic Telecommunications Organization , the incumbent telecommunications provider in Greece...

 Group since 2000, launched commercial operations in 1996, being the first mobile telecommunications company to operate in Albania
Albania
Albania , officially known as the Republic of Albania , is a country in Southeastern Europe, in the Balkans region. It is bordered by Montenegro to the northwest, Kosovo to the northeast, the Republic of Macedonia to the east and Greece to the south and southeast. It has a coast on the Adriatic Sea...

. It has a customer base at 1.32 million and an estimated market share of approximately 52%.

Currently, the company’s network provides over 98.91% population and 86.24% geographical coverage.

In 2007 AMC’s revenues reached 176.2 million Euro, 16.7% higher on a yearly basis. The company’s EBITDA grew by 20.1% in 2007 on a 62.0% margin, while net income increased by 22.1% y-o-y with the net income margin at 34.6% for 2007. During Q3 2008, AMC’ EBITDA margin stood at 67.4%.
AMC is the second mobile operator that will provide 3G technology in Albania.
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