Growth prospects in the mobile market will be driven by uptake of advanced 3G/4G services ascarriers begin to expand their nationwide high-speed data coverage. Bulgaria is witnessing a strong surgein advanced data usage, with data revenues and ARPUs tracking upwards and mobile voice servicesrevenues stagnating. This is a trend we expect to become more pronounced over the next five years. Ascompetition heats up in a saturated market, companies will have to become more dynamic in terms ofproduct offerings. We do not see any real opportunities for Max Telecom - the new fourth mobile operator -to make significant headway.
Latest Updates And Industry Developments
Bulgarian regional broadband provider Cooolbox (ITD Network) launched a direct fibre-to-the-home(FTTH) service for residential subscribers in the towns of Plovdiv and Veliko Turnovo.