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Bulgaria to Auction GSM License |
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Friday, 26 September 2008 |
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Bulgaria's telecommunications regulator, the Communications Regulation Commission (CRC), will hold an auction in early 2009 to award a fourth GSM license.
The CRC attempted to auction a fourth GSM license earlier in 2008, but the process was halted when the sole bidder, TelCo failed to submit its paperwork on time. The minimum bid was set at US$ 30.2 million. Representatives of local operator Max Telecom said that the price was too high.
Bulgaria has four mobile operators, but only three are operational. The operators’ market shares are: MobilTEL (51%), Globul (38%) and BTC Mobile (10%). The country has a penetration rate of 137%. Source: Cellular-News - WDR/Intelecon Regulatory News.
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