United Group completes acquisition of Bulgaria’s Vivacom

South-eastern European broadband and pay TV provider United Group has completed the acquisition of Bulgaria’s Vivacom, following approval of the merger by the EC in April. Vivacom has been the largest domestic operator in Bulgaria in terms of revenues for the last seven years. The company has 1.8 million customers to whom it provides a […]

Vivacom to distribute quartet of Russian international channels

Bulgarian service provider Vivacom is to provide satellite distribution for a quartet of popular Russian TV channels, which it has also added to its domestic pay TV line-up. Vivacom will distribute Russian entertainment channels TNT Russia, TV-3 International, Friday! International and TNT4 International via satellite to pay TV operators across Europe and Asia from the […]

United Group expands reach in SE Europe with Vivacom acquisition

United Group, the pay TV and cable service provider that operates across countries of the former Yugoslavia, has agreed to acquire Bulgarian telecom operator Vivacom for a reported €1.2 billion. The pay TV operator, owned by private equity outfit BC Partners since March last year, will acquire Vivacom, expanding its geographic reach and cementing its […]

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 […]

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 […]

Vivacom sees IPTV success

Bulgarian telco Vivacom grew its TV base by 9% last year to end 2017 with 447,000 pay TV customers, of which 46% took its IPTV service, up from 42% a year earlier. The company now claims to be the country’s leading IPTV provider, with a 61% market share. The company said that demand was being […]

Vivacom grows IPTV base

Bulgarian service provider Vivacom grew its IPTV subscriber base to 426,000 at the end of June, up from 390,000 a year earlier. The proportion of overall subscribers taking the TV service rose from 40% to 44% in the same period. Vivacom claims to be the leading IPTV operator in Bulgaria. The company is the country’s […]

Vivacom hails IPTV success

Bulgarian telecom service provider Vivacom reported 410,000 pay TV customers at the end of 2016, of whom 42% took its advanced IPTV service. The figure means that Vivacom added 41,000 TV customers in the course of 2016, representing growth in its base of 11%. The 42% that took IPTV at the end of the year […]

Consortium buyout of Bulgaria’s Vivacom complete

A consortium led by Bulgarian businessman Spas Roussev has completed its 100% buyout of Bulgarian Communications Company (BTC), which operates under the name Vivacom. The consortium, named Viva Telecom, counts Roussev as its largest shareholder and has a number of minority investors, including Russian bank VTB. Viva Telecom completed the deal by buying 100% of shares […]

Investment firm takes 43% stake in Bulgaria’s Vivacom

European investment firm LIC33 has reportedly bought a 43% stake in Bulgarian telco Vivacom.  According to a Bloomberg report, LIC33 bought the stake along with 100% of Nurts, Vivacom’s radio and television transmitter unit, and other assets including TV cable licenses. The total purchase price was for a token value of €1 and includes a commitment […]