It will pay a total of BGN12.7 million (€6.5 million) to the state, including a one-time fee of BGN4.7 million and BGN8 million for annual fees.
Commenting on the award, Alexander Dimitrov, CEO of A1 Bulgaria., said: “Today we took another important step towards the introduction of 5G in the country. As a technology leader, we have the best-prepared network for the commercial launch of true 5G and for offering fifth-generation mobile services to our customers. That’s why we made the biggest investment in a licence to guarantee the 3600-3700 MHz band. Our 5G network has been working on it since its inception, which means that with this investment we have the capacity to offer first-class commercial 5G services in the shortest possible time. They will give more opportunities for communication and entertainment to private customers, as well as many new sources of income for the business. We are on the threshold of a new era in telecommunications and nothing stops us from taking advantage of everything it has to offer”.
The other 5G licences were awarded to BTC and Telenor Bulgaria.