The incumbent Bulgarian telco BTC has announced the completion of a Next Generation Transport Network (NGTN) employing Cisco technology that will allow it to offer triple play services. BTC ended […]
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MTG completes Balkan deal
Modern Times Group (MTG) has completed the acquisition of a 50% stake in Balkan Media Group Limited (BMGL). The €11.6 million deal, which was first announced a month ago, will […]
Telekom Srbija secures Internet licence
A consortium made up of the incumbent Serbian telco Telekom Srbija and the Dutch company Ogalar has been awarded a licence to introduce a wireless Internet service in Montenegro. Its […]
BTC sale draws nearer
According to local reports, second bids for a majority stake in the incumbent Bulgarian telco BTC are to be submitted by March 23. Among those interested in buying the stake, […]
CTC Media on the up
The Russian company CTC Media, which is backed Sweden’s Modern Times Group (MTG), saw its revenue jump by 56.2% in 2006 to $370.8 million (€280.8 million). At the same time, […]
Mixed results for BTC
The Bulgarian incumbent telco BTC has posted a profit of Leva130.4 million (€67.2 million) for 2006, or 15% more than in the previous year. Its ADSL subscriber total at the […]
Ringier in/ Novator out of Balkans
Ringier AG is about to buy a 25% stake in Kanal D Romania, a new entertainment-based cable and satellite channel due to launch in the country on February 18. Kanal […]
Chris Dziadul Reports: Acting by instinct
Central and Eastern Europe was until recently quite low down in News Corp.’s list of priorities. Russia, certainly, wetted the appetite, and a foothold of sorts had been established in […]