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Bulgaria: Experts predict sea change coming for wireless industry

By  |  October 21, 2013

Several factors threaten to combine and cause a sea change within Bulgaria’s telecommunications market, according to reports.

Experts and business media are reporting that the combination of increased pressure on telco companies to increase revenues, as well as a change in ownership of the market’s top-two players and the possibility of two more market entrants, are mixing to cause big changes in the market.

The industry is currently dominated by three companies – MobilTel, Globul and BTC – all approaching equal shares of the sector, say reports.

With incoming overhauls to EU’s telco industry put forth by the European Commission’s telecommunications chief Neelie Kroes, Bulgaria’s market will only change even more, especially as possible new market entrants, Bulsatcom and Max Telecom, look to develop as fourth-generation providers.

Full content: Standart News

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