Bulgaria's Largest Telecom Mtel Extends License
Bulgaria's largest mobile telecom Mtel extended its license by 10 years, said the company on its website.
According to the announcement, the company owner – Telecom Austria - paid EUR 30.6 M for the license, plus an additional annual fee of EUR 2.2 M for the use of the radio frequencies.
The fee was introduced with recent amendments to the Electronic Communications Act. Previously the telecoms used the frequencies after paying an administrative fee of around BGN 300.
The licenses of the other two mobile operators – Globul and Vivacom – expire in 2021 and 2024, respectively.
- » Audit Finds BGN 4.2 B Impairment Costs on KTB Balance Sheet, Bulgaria C. Bank Says
- » Westinghouse Picks М3 Communications for Its PR Agency in Bulgaria
- » Bulgaria, Romania Agree to Build 2 More Bridges over Danube River
- » Bulgaria's National Tourism Council Demands Separate Ministry
- » Bulgaria's Plovdiv Among Lonely Planet's Best Travel Destinations 2015
- » Bulgaria, Romania to Sign Memorandum To Build Two New Bridges Over Danube