Bulgaria


MTG sells Bulgaria’s Nova Group at €185m valuation

MTG has agreed to sell its 95% shareholding in Bulgaria’s Nova Broadcasting Group to Advance Media Group in a deal that values the full business at €185 million (SEK 1,917 million). MTG said it would use the proceeds of the deal to develop its digital entertainment verticals via organic investment in mergers and acquisitions, with […]

TV content boosts A1 Telekom Austria

The “increased significance of TV content” helped boost A1 Telekom Austria’s performance in 2018, along with resilience in its fixed-line business and growth in solutions and connectivity. A1 also saw strong growth in demand for mobile WiFi routers, in some cases substituting for fixed broadband. The company said that TV content and solutions and connectivity […]

OTE sells Telekom Albania

Deutsche Telekom-backed Greek telco OTE has struck a deal to sell its entire stake in Telekom Albania to Bulgarian telco Vivacom’s major shareholder and an Albanian-Bulgarian investor partner. OTE will sell its Telekom Albania stake to Albania Telecom Invest AD €50 million. The Bulgarian investment vehicle is controlled by viva com controlling shareholder Spas  Roussey […]

MTG enters new Nova sale talks, secures financing

MTG has entered discussions with other potential buyers for Nova Broadcasting Group, after Bulgaria’s competition regulator blocked the planned sale of the company to PPF Group last year. In a statement, MTG said its previously-announced deal to sell its 95% shareholding in Nova to the investment company controlled by Czech billionaire and businessman Petr Kellner has now […]

Viasat World launches Epic Drama channel on Vivacom TV

Viasat World has launched its Epic Drama channel on Vivacom TV in Bulgaria, with the channel’s SVOD content to be available to Vivacom subscribers by the end of the year. Epic Drama will join Viasat World’s other channels – TV1000,Viasat Nature, Viasat History and Viasat Explore – which are already broadcast by the operator, deepening a more than 10-year relationship between the […]

Bulgaria’s Vivacom sees IPTV growth

Bulgarian service provider Vivacom saw strong growth for its IPTV offering in the year to June. The company’s IPTV base rose by 15.6% for the 12 months to June 30, and IPTV now accounts for 47.3% of its total of 456,000 pay TV subscribers. Overall, Vivacom had 492,000 broadband customers at the end of June […]

Bulgarian watchdog says no to MTG’s Nova sale

Bulgaria’s competition regulator, the Commission on Protection of Competition has blocked the sale of Modern Times Group (MTG)-owned Nova TV to Czech businessman Petr Kellner’s PPF Bidco. The watchdog said that the deal could reduce competition in the media and advertising market, citing Nova’s leading position in the media services market and the participants’ overlapping […]

Telekom Austria rebrands Bulgarian unit as A1

A1 Telekom Austria Group has rebranded its Bulgarian subsidiary Mtel to A1 Bulgaria. The move represents the latest step in Telekom Austria’s drive to create a single brand strategy across all the its operations in a progressive manner geared to local circumstances. Telekom Austria has adopted the A1 brand to build a perception of it […]

A1 Telekom Austria sees pay TV grow but fixed-line business declines

A1 Telekom Austria saw its domestic and international fixed-line base decline in the first quarter, with growth in pay TV failing to offset a near across-the-board decline in fixed broadband and phone customers. Telekom Austria saw its domestic Austrian TV base increase by 4.1% to 302,000 in the first quarter, while its fixed broadband base […]

Telenor sells CEE operations to O2 and Nova Group owner PPF

Telenor has agreed to sell its central and eastern European assets to private equity outfit PPF Group for €2.8 billion in a move that will see the Norwegian telco exit its wholly-owned mobile operations in Hungary, Bulgaria, Montenegro and Serbia. PPF owns multi-play provider 02 Czech Republic, which it acquired from Telefónica in 2013, but […]