Bulgaria's Vivacom to invest €600m in network upgrades

Bulgarian telco Vivacom has confirmed that it is planning to invest €600m in rolling out a Fibre-to-the-Building (FTTB) network which will cover 1mn households by 2014.

Around 90,000 households are expected to have access to fibre-optic services by the end of this year, and the city of Sofia is to be fully covered by the new network by 2012.

Vivacom will offer new broadband services over the new network with symmetrical speeds of 20 Mbps to 100 Mbps, with prices ranging from BGN 20 (€10) to BGN 50 per month.