It was established as Albania's state company that provided telecommunications services through a fixed network.

[1] It was privatized on 1 October 2007 (following a privatization process which started in 2000), with 76% of its shares sold by the Albanian government to a consortium of two Turkish companies, Çalık Holding and Türk Telekom, with Calik taking 80% of the consortium's stake.

[3] In December 2021 4iG Plc acquired a 80,27% stake in Albtelecom from Calik Holding in an undisclosed deal.

The transaction is expected to be finalized due to regulatory approval in January 2022.

[4] After the approval for the sale of ALBtelecom to 4iG Plc then the ownership was transferred to Antenna Hungária.