Bulgaria Telecommunications Report Q3 2018
The consolidation trend in the Bulgarian market continues, as the competition in the mobile market is due to undergosome changes. The country's second largest operator Telenor sold its Bulgarian assets, along with mobile assets in Hungary,Montenegro and Serbia, to Czech PPF Group for EUR2.8bn. This follows Mobitel, the mobile market leader's acquisition ofbroadband and pay-TV player Blizoo in 2016. Meanwhile, five local fixed-line operators have expressed their desire to launchBulgaria's first MVNO. Despite changing competition, mobile market growth will remain limited. Growth prospects in the mobilemarket will be driven by uptake of advanced 3G/4G services as carriers expand their nationwide high-speed data coverage.
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