Bulgaria

Mobiltel extends 900/1800MHz spectrum licence

Telekom Austria’s Bulgarian subsidiary Mobiltel, said Tuesday it has extended its licence for 900MHz and 1800MHz spectrum to 2024. The company paid €30.6m for the extension.

Telekom Austria sees Q3 profit down by 48 per cent

Telekom Austria, which last month paid out more than €1bn in the Austrian LTE spectrum auction, has reported a drop in third quarter profit of almost 50 per cent. Net income for the period was €52.13m, down 48.3 per cent year on year from €99.2m, while revenue declined 5.3 per cent to €1.04bn.

Telenor to enter Bulgaria

Norwegian operator group Telenor has agreed to acquire Bulgarian mobile operator Globul from Greek operator group OTE. Telenor will pay €717m for the business as it looks to expand its presence in Central and Eastern Europe.

Bulgaria looking for fourth 3G licensee

Bulgarian communications regulator the CRC has issued a tender for a fourth 3G licensee in the country. Prospective bidders will be allowed to submit applications for the UMTS licence until November 14, with the award due to take place December 7. The licence will be valid for 15 years and will consist of 2 х 15MHz blocks of FDD spectrum in the 2GHz band.

Telekom Austria acquires two Bulgarian cable operators

Telekom Austria is to acquire 100 per cent stakes in the Bulgarian cable operators Megalan Network AD and Spectrum Net AD through its Bulgarian subsidiary M-Tel. Telekom Austria will pay €83m for the stakes.

Appetite for disruption

Max Telecom aims to overturn the status quo in the Bulgarian telecoms market with WiMAX-enabled triple play services. In less than six months its aggressive rollout schedule and eye-catching service bundles have begun to rock the boat.

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