Bulgaria grants 5G frequency licences to three telcos

By bne IntelliNews April 7, 2021

Bulgaria's Communications Regulation Commission (CRC) said it has awarded 20-year 5G frequency licences with national coverage to the three main telecommunication companies operating in the country.

The country will receive fees worth a combined BGN13.4mn for the frequencies.

A1 Bulgaria, a unit of A1 Telekom Austria Group, received a licence for using frequencies in the 3600-3700 MHz spectrum. It will pay a one-off fee of BGN4.7mn.

Bulgarian Telecommunications Company (BTC), owned by Dutch-registered United Group and operating under the Vivacom brand, won a licence for the 3700-3800 Mhz band, offering to pay a fee of BGN4.6mn.

Telenor Bulgaria, owned by Dutch-registered PPF Group, was awarded a licence for the 3500-3600 MHz band and will pay BGN4.1mn.

Related Articles

Bulgaria's BACB to acquire 99.94% of Tokuda Bank

The Bulgarian-American Credit Bank said on April 16 it has agreed to acquire 99.94% of local Tokuda Bank from Japan-based Tokushukai Incorporated. The two banks are among the smallest in Bulgaria ... more

bne IntelliNews Southeast Europe Outlook 2024

This Southeast Europe Outlook 2024 has been prepared by bne IntelliNews as part of a series of annual reviews providing updates on the geopolitical, macroeconomic and commercial state of ... more

EBRD 2023: EBRD, EU and ILX to co-operate to boost private-sector finance in Emerging Europe

The European Bank for Reconstruction and Development (EBRD), the European Union, and ILX Management, an emerging market asset manager, have joined forces to enhance private-sector finance in Emerging ... more

Dismiss