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Telekom Austria: No Expansion in Bulgaria
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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.…
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