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Telekom Austria: No Expansion in Bulgaria

Published: February 17, 2012; 11:55 · (Vindobona)

The Austrian telecommunication group is no longer interested in Vivacom. Problems with competition authorities would have occurred.

Telekom Austria: No Expansion in Bulgaria / Picture: © Telekom Austria Group

Telekom Austria is no longer interested in the sale of Bulgaria's Vivacom, heir to the state-owned Bulgarian Telecommunications Company (BTC), Die Presse reported. Telekom Austria AG, which already owns Mobiltel in Bulgaria, will not submit a binding bid, the newspaper says.

The company did not submit an indicative offer, but just indicated it is holding talks with BTC creditors.…

This article includes a total of 186 words.

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Telekom Austria: No Expansion in Bulgaria

The Austrian telecommunication group is no longer interested in Vivacom. Problems with competition authorities would have occurred.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.