Bulgarian Vivacom: Telekom Austria Has Only Outside Chances

Businessn.a. ♦ Published: February 14, 2012; 15:40 ♦ (Vindobona)

The second-largest Bulgarian telecommunication enterprise is for sale. Telekom Austria is still interested, in spite of dismal prospects.

Bulgarian Vivacom: Telekom Austria Has Only Outside Chances / Picture: © Vindobona.org

The Austrian company is still highly interested to expand operations also in the fixed line network. As a result, synergies with the mobile telephone system should be achieved. Already in the first negotiation round, which took place in November 2011, Telekom Austria showed interest in Vivacom.

Meanwhile, Telekom Austria has left the negotiation table. However, creditors could be…