N3 is based in the city of Plovdiv and has offered digital TV and broadband internet services to its clients for a number of years. Its infrastructure includes a latest generation fibre-optic network.
The deal is subject to regulatory approval and is expected to close this year.
Capital reports that Vivacom has embarked on an acquisition spree.
It bought the Sofia-based TV and internet providers Net1 and ComNet Sofia two weeks ago and another with for a regional operator is close to being finalised.
N3 is operated by a company named Digital Cable TV and posted BGN7.1 million (€3.6 million) in revenues and a profit of BGN1 million in 2019.
It also had 26,000 TV and 4,200 internet subscribers in the same year.