The acquisition of a 50% stake of the Bulgarian national transmission company NURTS by the financial investment company Mancelord has been given the green light by the Competition Protection Commission (CPC).
Novinite reports that Cyprus-based Mancelord has also received approval from the CTC to acquire the Bulgarian subsidiary of Slovakia’s Towercom, which will operate one of Bulgaria’s two national commercial DTT multiplexes.
Only last week, following a period of prevarication, Mancelord’s acquisition of a 50% stake in NURTS from the incumbent telco Vivacom (BTC) received the approval of the Communications Regulatory Commission (CRC).
NURTS is expected to bid for a licence to operate Bulgaria’s public service multiplex.