4iG Nyrt. (BUSE:4IG) signed a final sale and purchase agreement to acquire 99.899% stake in ONE Telecommunications sh.a. from Albania Telecom Invest AD, Guri Enterprises B.V., River Styxx Capital and Adarna EOOD on December 23, 2021. ONE achieved revenues of €68.1 million with an EBITDA of €20.8 million in 2020.The transaction is subject to regulatory procedures in Albania.

As of March 10, 2022, the transaction was approved by Albanian competition authority.