Bulgaria Telecommunications Q2 2019
Bulgaria's telecoms sector continues to perform in line with our forecasts, even though the mobile market is saturatedwith very little new organic subscriber growth prospects. Nevertheless, operators are looking to migrate customers from basic topremium services, such as 4G LTE, fibre and pay-TV. The mobile market is due to undergo some changes with Telenor having sold itsBulgarian assets (as well as those in Hungary, Montenegro and Serbia) to Czech-based private investment company PPF Group forEUR2.8bn in August 2018. Also, Max Telecom, which in 2014 was the first operator to launch LTE in Bulgaria, was declared bankruptin December 2018.
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