Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

BTC is now part of United Group

Photo: library

United Group has completed a deal to acquire Bulgaria's largest telecom, BTC. Earlier this year, United Group also acquired TELE 2 Croatia. The deal for the Greek TV and internet provider FORTHNET is about to be finalized, too.

The company will end 2020 with over 10 million users and over 11,000 employees. The European Commission approved the acquisition in April. According to the Financial Times, the deal for Vivacom is worth 1.2 billion euros, making it the largest in Bulgaria's corporate history. Just over 50% of United Group is owned by the Serbian BC Partners, investor.bg recalls. United Group, which is present in all former Yugoslav republics, said it would invest in the renovation of BTC.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Velingrad sheep breeders are fighting to protect their herds

Representatives of the Food Safety Agency have arrived in Velingrad to take new samples from the 1,700 sheep quarantined because of a suspected plague outbreak.  BNR correspondent in Pazardzhik Nevena Petrova reported that the Food Agency..

published on 11/27/24 2:06 PM

Bulgaria's President opens business forum in Ho Chi Minh during his Vietnam visit

At the opening of a business forum in Ho Chi Minh City during his official visit to Vietnam, Bulgarian  President Rumen Radev pointed out that Bulgaria can offer a wide range of opportunities for developing mutually beneficial cooperation...

published on 11/27/24 1:46 PM

The Prosecutor's College allowed Sarafov to a hearing before the Supreme Judicial Council's Plenum

The Prosecutor's College of the Supreme Judicial Council approved the reports of the Commission on Attestation and Competitions and the Commission for Professional Ethics regarding the candidacy of Borislav Sarafov for Chief Prosecutor, reported BTA...

published on 11/27/24 12:25 PM