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Vivacom attracts foreign interest

January 17, 2012 08.59 Europe/London By Chris Dziadul

Telekom Austria and Turkcell are both interested in buying the Bulgarian incumbent telco BTC, which operates under the brand name Vivacom and includes a DTH platform named Vivacom TV among its interest.

Quoting Austrian sources, Novinite reports that although part of Telekom Austria’s management is in favour of a deal, its CFO Hans Tschuden is against, fearing that the company could experience the same problems in Bulgaria as it has in Belarus.

The Austrian telco already has a presence in Bulgaria through the mobile company Mobiltel.

Turkcell, too, is eyeing Vivacom but has yet to decide on whether to make a bid for the company.

Other suitors are understood to include the head the Corporate Commercial Bank in Bulgaria.

Vivacom has undergone a number of ownership changes in the last few years and was until last year being courted by Oger Telecom.

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Filed Under: Central & East Europe, Newsline Tagged With: BTC, Telekom Austria, Turkcell, Vivacom Edited: 17 January 2012 08:59

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About Chris Dziadul

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