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

Council of Ministers

Bulgaria’s cabinet allocates 3.1 million euros for prevention of domestic violence

The caretaker government has adopted National Program for Prevention and Protection from Domestic Violence for the period 2024-2026 , the press service of the Council of Ministers reports. The planned measures will cost more..

published on 9/28/24 11:44 AM

Foreign Minister Kondov assures Lebanese counterpart that Bulgaria has nothing to do with pager explosions

During a short meeting on the sidelines of the UN General Assembly in New York, Bulgarian caretaker Minister of Foreign Affairs Ivan Kondov informed Minister of Foreign Affairs of Lebanon, Abdallah Bou Habib, about the results of an..

published on 9/28/24 10:50 AM
Ivan Kondov

Good neighbourly relations are essential in the EU enlargement process

European integration is the best way to guarantee and promote peace, security, democracy, human rights and the rule of law in the interest of the citizens of the countries part of the enlargement process. This position was expressed..

published on 9/28/24 9:55 AM