MOBIKOM MIGHT BECOME THIRD GSM OPERATOR

Business | September 20, 2001, Thursday // 00:00

`Mobikom might become third GSM operator,` the company`s co-manager Tim Busseret announced. `If Mobikom is awarded a GSM license it can have a network up and running in 6 months. Under such circumstances, Mobikom will probably keep its analogue network operational and its subscribers will not have to switch to the digital one,` Busseret also said. The Bulgarian Telecommunications Company owns 39 per cent of Mobikom, Defense Ministry`s Radio Electronic Systems owns 12 per cent and Cable&Wireless owns 49 per cent. Mobikom`s net profit for 2000 is BGN 2 M. Mobikom has 180,000 phone subscribers and 20,000 paging subscribers. The company also operates 6,000 phones for prepaid cards around the country and sells 5,000 prepaid cards for Internet on monthly basis. The US company Inquam is interested in buying the stake of Cable&Wireless in Mobikom. If the deals with BTC and Inquam fail, Cable&Wireless will continue to support Mobikom until its license expires. The standard that Mobikom is currently using is CDMA. It works at 450 mH and supports great density of subscribers in big cities and requires fewer base stations for nationwide coverage.

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