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IPKO

IPKO Telecommunications LLC is a major telecommunications provider in Kosovo, offering integrated services including mobile telephony, fixed-line telephony, broadband internet, and digital cable television to over one million customers.^[1] Founded in 1999 as the country's first nationwide internet service provider, IPKO has grown into one of Europe's fastest-expanding telecom operators, pioneering advanced network infrastructure and achieving a market-leading position in fixed broadband and digital TV segments. In 2024, IPKO celebrated its 25th anniversary, highlighting its pioneering role in regional telecom advancements.^[2]^[3]^[4] The company operates from its headquarters in Pristina and maintains extensive coverage across Kosovo, supporting mobile services on 2G, 3G, 4G, and 5G networks, alongside high-speed fiber-optic internet and IPKO TV, which delivers hundreds of channels and on-demand content.^[5]^[6] As Kosovo's largest mobile operator, IPKO holds approximately 53% of the mobile market share as of mid-2025, ahead of Kosovo Telecom's Vala brand, and continues to invest in technological upgrades to enhance connectivity in a rapidly digitizing economy.^[7]^[6] Fully owned by Slovenia's Telekom Slovenije since 2018, following the acquisition of the remaining minority stakes, IPKO benefits from its parent's expertise in regional telecom operations while navigating Kosovo's competitive landscape.^[8]^[9] A proposed sale to Serbia's Telekom Srbija in 2020, valued at €155 million, was ultimately canceled amid regulatory and political hurdles, preserving the current ownership structure as of 2025.^[6]^[10] IPKO's growth reflects broader trends in the Balkans, where demand for reliable digital services drives infrastructure expansion and innovation in underserved areas.^[3]

History

Founding and early development

IPKO was established in 1999 as the Internet Project Kosovo (IPKO) by Akan Ismaili, an Albanian Kosovar, along with Americans Teresa Crawford and Paul Meyer, shortly after the Kosovo War concluded, with the aim of providing internet access in a region devastated by conflict.^[11] The initiative received initial support from the International Rescue Committee through a $175,000 loan, as well as contributions from the UK Department for International Development (DFID) and the US government, enabling the setup of a satellite-based wireless internet system.^[12] Operations began on September 20, 1999, with basic email services, marking IPKO as the first post-war internet service provider (ISP) in Kosovo and focusing on reconnecting civil society organizations, businesses, and individuals amid widespread infrastructure destruction.^[11] Early development centered on overcoming technical hurdles in a power-unstable environment, where frequent outages necessitated investments in generators and uninterruptible power supplies costing around $30,000. By mid-2000, IPKO had transitioned to local ownership, serving 80 paying customers and providing free connections to 30 civil society groups while employing 18 staff members. In 2001, the organization restructured, splitting into the commercial arm IPKO Net for internet, dial-up, and emerging broadband services, and the non-profit IPKO Institute for ICT education; this rebranding supported expansion into wireless point-to-point links and basic fixed-line connections, primarily for business clients.^[12]^[11] Despite challenges like the Post and Telecom of Kosovo's (PTK) efforts to maintain a monopoly and limited telecommunications infrastructure, IPKO grew its customer base to thousands by 2005 through reliable service delivery in major cities.^[13] A pivotal milestone came in 2006 when IPKO Net, in partnership with Telekom Slovenije—which acquired 75% ownership for €19.5 million—won the tender to become Kosovo's second mobile operator, launching GSM services in December 2007.^[14]^[15]^[16] This expansion built on IPKO's foundational role in fostering digital connectivity during Kosovo's post-conflict reconstruction, addressing persistent issues such as damaged networks and energy shortages that had initially constrained growth.^[12]

Acquisition and service expansion

In 2006, Telekom Slovenije acquired a 75% stake in IPKO for €19.5 million, which provided the financial and technical resources necessary for IPKO to enter the mobile telephony market.^[15] This partial acquisition marked a pivotal shift, enabling IPKO to diversify beyond its initial focus on internet services and launch mobile operations in December 2007.^[16] By 2018, Telekom Slovenije secured full ownership by purchasing the remaining 6.89% stake, consolidating control over the company's strategic direction.^[8] Following the acquisition, IPKO pursued aggressive service expansions to build a comprehensive telecommunications portfolio. The company initiated fiber-optic network deployment in 2007, laying the groundwork for enhanced broadband capabilities, and launched its own optical backbone in 2012 to support higher-speed services.^[2] In December 2014, IPKO introduced 4G LTE services, becoming the first operator in Kosovo to do so and significantly boosting mobile data offerings.^[17] Bundled service packages, combining mobile, internet, and fixed-line options, were rolled out in the early 2010s to attract residential and business customers seeking integrated solutions.^[16] Key corporate events underscored IPKO's strategic value amid regional tensions. In 2019, Telekom Slovenije initiated a sale process for its full stake in IPKO, receiving bids including a €155 million offer from Telekom Srbija, but the transaction was halted in November 2020 without completion due to geopolitical sensitivities and IPKO's critical role in Kosovo's infrastructure.^[18]^[19] In November 2025, IPKO announced a partnership with cybersecurity firm Whalebone to enhance network-level protections for business clients, reflecting ongoing efforts to integrate advanced security into its service expansions.^[20] These developments drove substantial customer growth, with IPKO's subscriber base expanding from approximately 32,000 broadband users in the late 2000s to over 1 million total customers across mobile, fixed-line, and internet services by 2025.^[16]^[2] This trajectory positioned IPKO as a market leader, leveraging the 2006 acquisition to evolve into Kosovo's primary alternative telecom provider.

Services

Mobile telephony

IPKO launched its mobile telephony services in Kosovo on December 14, 2007, initially offering GSM (2G) network capabilities as the country's second mobile operator.^[16] The company progressively evolved its infrastructure, introducing 3G services in December 2013 to enable faster mobile internet access across over 80% of the population initially.^[21] In December 2014, IPKO became the first operator in Kosovo to deploy 4G LTE technology, providing enhanced data speeds and positioning it as a leader in mobile broadband innovation.^[22] IPKO launched 5G services in 2022, becoming the first operator in Kosovo to offer this technology, with ongoing expansions.^[23] By 2020, through the acquisition of additional spectrum frequencies, IPKO tripled the speeds of its 4G network, significantly boosting capacity and extending coverage to more rural areas.^[24] As of September 2025, IPKO holds approximately 53% of Kosovo's mobile market, serving over 1.1 million retail subscribers and establishing itself as the leading provider ahead of competitors like Vala.^[7]^[25] The company offers a range of prepaid and postpaid plans tailored to diverse user needs, including the Prima packages that bundle generous data allowances, unlimited national calls, SMS quotas, and international roaming options across Europe and beyond.^[26] These plans emphasize high-speed 4G connectivity, with data packages ranging from daily 500MB options to monthly allotments exceeding 20GB, ensuring accessibility for both individual and business users. In April 2023, IPKO introduced eSIM support, allowing seamless activation via QR code scanning for compatible devices without physical SIM cards.^[27] IPKO differentiates its mobile services through integrated bundles with fixed-line offerings, such as the Top packages that combine mobile data and voice with home broadband and telephony on a single bill, promoting cost efficiency for multi-service households.^[28] In 2025, the company expanded its B2B portfolio with mobile cybersecurity add-ons via a partnership with Whalebone, providing advanced threat protection for enterprise mobile fleets to safeguard against digital risks.^[20] These features underscore IPKO's focus on secure, converged connectivity in Kosovo's competitive telecom landscape.

Fixed-line telephony

IPKO's fixed-line telephony services utilize Voice over Internet Protocol (VoIP) technology, enabling efficient voice transmission over its IP-based network infrastructure.^[29] Launched as part of the company's expansion beyond initial internet offerings, these services have developed into Kosovo's largest fixed network, with approximately 350,000 ports available to support landline connections across urban and rural areas.^[30] Network expansions, such as the 2012 extension to the town of Lipjan, have facilitated broader access, particularly in underserved regions.^[31] The services provide unlimited calls within the IPKO fixed network at no charge, alongside national calls to other operators at rates starting from 0.05 euros per minute and international dialing at 10 cents per minute.^[32] This VoIP integration ensures cost efficiency by leveraging the existing IP infrastructure for voice delivery, reducing operational expenses compared to traditional circuit-switched systems.^[29] Prepaid and postpaid options are available, with free installation and number assignment, allowing flexible usage for residential and business customers.^[32] Subscriber growth in fixed telephony has been steady, with the number of active users increasing constantly due to ongoing network developments and service enhancements.^[33] As Kosovo's leading fixed provider, IPKO's landline base benefits from these expansions, contrasting with the overall decline in traditional fixed lines nationally. Fixed-line services are frequently bundled with broadband internet and digital television in triple-play packages, offering discounted rates—for instance, lower per-minute call costs when combined with internet access—and simplified billing for integrated home solutions.^[34]^[35]

Broadband internet

IPKO initiated internet services in Kosovo in 1999 as the country's first nationwide internet service provider, starting with dial-up connections to meet post-war connectivity needs. By 2005, the company expanded into fixed broadband by introducing ADSL services for residential customers, leveraging its growing fixed-line infrastructure to deliver higher-speed access compared to dial-up.^[29] This marked a pivotal shift toward broader adoption of broadband technologies in the region. The transition to advanced broadband accelerated with the rollout of fiber-to-the-premises (FTTP) networks beginning in 2014, as part of a strategy to upgrade from earlier hybrid fiber-coaxial systems and enhance capacity for high-demand applications.^[29] Fixed broadband plans now offer download speeds up to 1 Gbps, with unlimited data options tailored for households and businesses, often bundled with security features such as free parental controls that allow blocking of website categories like social media or gaming.^[29]^[36] Complementing fixed services, IPKO provides mobile broadband through 4G and 5G-enabled packages with data allowances ranging from 10 GB to 100 GB, integrated into postpaid and prepaid options for flexible usage within Kosovo.^[37] The company maintains a network of public Wi-Fi hotspots in key urban areas, including squares and tourist sites, offering free access to subscribers via simple activation codes. As Kosovo's leading fixed broadband provider, IPKO commands about 50% market share.^[7] Innovations like IPv6 support, implemented since 2018, ensure compatibility with modern internet protocols, while fixed broadband integrates seamlessly with IPKO's TV streaming services for combined entertainment packages.^[38]

Television services

IPKO launched its digital television services in 2009, marking a shift from analog broadcasting by introducing digital cable TV with bundled packages like DUO (TV and internet) and TRIO (TV, internet, and fixed telephony), alongside a Pay Per View option.^[2] In 2010, the company partnered with Digitalb to introduce high-definition (HD) channels, enhancing viewing quality for subscribers.^[2] By 2015, IPKO upgraded its offerings with Catch-up TV functionality, allowing users to replay programs, and has since evolved to deliver services primarily via IPTV over its fiber-based broadband infrastructure.^[2]^[13] The service now provides over 220 channels, including a mix of local Kosovo broadcasters and international content focused on sports, movies, and family entertainment through partnerships with global providers for major European leagues and premium film libraries.^[39]^[40] IPKO emphasizes accessible programming, with features like Video on Demand (VOD) for movies, series, and documentaries, as well as Catch-up TV enabling playback of shows up to 72 hours after broadcast, functioning similarly to digital video recording (DVR).^[40] Television packages are available as standalone IPTV subscriptions for €240 annually or bundled within PRIMA plans starting at €22 monthly, which combine TV with high-speed internet (up to 300 Mbps) and support up to three devices, including smart TVs, mobiles, and tablets via the IPKO TV app for Android and iOS.^[39]^[40] These bundles cater to diverse needs, from basic access to premium options with exclusive sports content, and include two receivers for multi-room viewing.^[40] As of late 2025, IPKO's television services contributed to a combined retail base of approximately 115,000 broadband and TV connections, reflecting steady adoption amid competition in Kosovo's market.^[25] The platform supports streaming across compatible devices like Samsung, LG, and Android TVs, ensuring seamless integration with IPKO's fixed broadband network for reliable delivery.^[39]

Network infrastructure

Coverage and technology

IPKO's fixed network infrastructure features a hybrid fiber-coaxial (HFC) architecture, supported by an IP/MPLS backbone that enables high-capacity data transmission across urban centers. The company maintains approximately 350,000 fixed-line ports, providing robust connectivity primarily in major towns and cities, where coverage extends to over 70% of urban areas.^[30]^[13]^[33]^[16] This setup facilitates reliable delivery of broadband internet and television services, with IPKO leveraging the network for multicast video streaming to support its TV offerings. In the mobile domain, IPKO operates a network comprising around 1,500 base stations, achieving 99.7% population coverage and 98.5% territorial coverage as of recent assessments. The mobile technologies employed include GSM for 2G, UMTS for 3G, and LTE for 4G services, ensuring compatibility with a wide range of devices. Spectrum holdings encompass the 900 MHz and 1800 MHz bands for 4G operations, supplemented by a recent allocation of the 2.1 GHz band in 2025 under a 20-year license from the Regulatory Authority for Electronic and Postal Communications (ARKEP).^[41]^[42]^[43] Network reliability stands at 99.5% uptime for fixed services, reflecting ongoing maintenance and upgrades that minimize disruptions. Since 2006, IPKO has invested over €200 million in infrastructure development, funding backbone enhancements and site expansions to bolster overall performance. While urban areas enjoy comprehensive coverage, rural regions exhibit disparities, with full access in cities contrasted by partial penetration in remote villages; IPKO addresses this through government-subsidized initiatives to extend services to underserved areas.^[44]^[45]^[46]

5G and future developments

IPKO initiated its 5G efforts with successful testing of the technology in 2022, becoming the first operator in Kosovo to complete such trials and achieving download speeds exceeding 1.2 Gbps.^[47] In 2023, the company launched initial 5G services, including eSIM integration, marking a key step in network modernization built on its existing 4G infrastructure.^[48] By September 2024, IPKO had expanded its 5G network to cover 100 locations nationwide, enhancing connectivity in urban and rural areas.^[49] The Regulatory Authority for Post and Electronic Communications (ARKEP) awarded IPKO a 5G license in February 2023, allocating spectrum including 2x10 MHz in the 800 MHz band and 1x100 MHz in the 3.6 GHz band, which supports mid-band 5G deployments for improved capacity and coverage.^[50] This allocation enables applications such as Internet of Things (IoT) devices and smart city initiatives, aligning with broader digital transformation goals in Kosovo.^[51] IPKO's 5G rollout aligns with Kosovo's national objectives, targeting 50% population coverage by the end of 2025, 70% by 2027, and 90% by 2029, as mandated by ARKEP's coverage obligations for licensed operators.^[6] Full commercial expansion is ongoing, with the company prioritizing nationwide deployment to meet these benchmarks.^[42] Despite progress, IPKO faces regulatory challenges from ARKEP, including spectrum allocation delays and compliance requirements, as well as competition from state-owned PTK (Post and Telecom of Kosovo) for limited frequencies.^[52] These hurdles have prompted calls for a more investment-friendly environment to accelerate 5G adoption.^[53]

Corporate information

Ownership and governance

IPKO Telecommunications LLC is wholly owned by Telekom Slovenije, d.d., following the completion of its acquisition of the remaining minority stake in March 2018, which integrated the company into the Slovenian parent's regional telecommunications portfolio in Southeast Europe.^[54]^[55] Governance of IPKO is directed by a Board of Directors appointed by Telekom Slovenije, with mandates for new members registered with the Kosovo Business Registration Agency as of May 2025 to ensure strategic alignment with the parent company's objectives.^[56] The board includes representation from local Kosovo stakeholders to address regional operational needs. The chief executive officer position is held by András Páli, who assumed the role in November 2023 and continues to lead the company in 2025.^[57]^[58] IPKO operates under a license issued by the Regulatory Authority of Electronic and Postal Communications (ARKEP) in Kosovo, which oversees compliance with national telecommunications regulations, including frequency usage and service quality standards.^[44] Since its full ownership by Telekom Slovenije, an EU-based entity, IPKO has adhered to EU-aligned telecom standards, such as those for interconnection pricing and data security, contributing to its certification under international quality frameworks.^[59]^[60] Within the Telekom Slovenije Group, IPKO serves as the primary operating unit in Kosovo, while minor subsidiaries like SIOL Prishtina LLC handle specialized functions, such as content distribution and management of carved-out backbone assets for regional optic fiber networks.^[61]^[62]

Financial performance and operations

In 2024, IPKO recorded sales revenue of €95.4 million, reflecting a 5% year-on-year increase driven by growth in mobile and broadband services.^[63] This performance contributed to a 9% rise in net profit to €24 million for the year.^[63] In the first half of 2025, revenue reached €45.4 million, up 4% from the comparable period in 2024, with EBITDA increasing by 8% to €15.5 million and net profit growing 22% to €10.2 million.^[64] For the first nine months of 2025, sales revenue increased 6% year-on-year to €76.2 million, with net profit rising 8%.^[25] EBITDA margins for IPKO have hovered around 30-35% in recent periods, supporting sustained investments in network expansion.^[64] As of 2025, IPKO employs approximately 510 staff members, with a focus on technology development, network operations, and customer support.^[65] The company's headquarters are located in Pristina, Kosovo, facilitating efficient oversight of regional operations. IPKO serves over 1 million monthly active users across its mobile, fixed-line, broadband, and television services, underscoring its operational scale in the Kosovo market.^[1] The company maintains a strong commitment to corporate social responsibility, including initiatives through the IPKO Foundation that promote education, youth development, and community health programs.^[66] IPKO holds a leading position as Kosovo's largest telecommunications provider, capturing 53% of the mobile market and 28% of the fixed services market as of 2024, behind PTK (operating as Vala) in overall fixed-line dominance but with a combined market share exceeding 40% across key segments.^[63] This positioning reflects IPKO's strategic emphasis on competitive pricing and service innovation under the ownership of Telekom Slovenije.^[67]

References

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Telekom Slovenije Publishes H1 2024 Results - InterCapital
Aug 30, 2024 · During H1 2024, Telekom Slovenije recorded revenue growth of 4% YoY, an EBITDA increase of 4%, and a net income of EUR 29.6m, a 25% increase ...
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Ipko Telecommunications - Overview, News & Similar companies
How many employees does Ipko Telecommunications have? Ipko Telecommunications has 510 employees What industry does Ipko Telecommunications belong to?
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CSR - Ipko
IPKO has supported the Action for Health organization in launching a new program dedicated to children who have experienced childhood cancer and were treated at ...Missing: literacy | Show results with:literacy
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The Telekom Slovenije Group achieved its established objectives ...
Aug 27, 2025 · The Telekom Slovenije Group's sales revenue totalled EUR 354.2 million, an increase of 2% relative to the same period in 2024. Sales revenue was ...