BTC sale enters final stage

17 Apr 2007

According to Bulgarian Telecommunication Company’s (BTC) CEO Martin Staub the sale of the company is entering its final stages. According to online news site mediapool.bg more than four companies have entered bids for the 65% stake in BTC currently owned by Novator. The offers range from EUR1.65 billion to EUR1.96 billion with Dubai-based Oger Telecom and Turkcell reported to be the front-runners.

Bulgaria, Turkcell, Vivacom (BTC)