Vivacom to acquire NURTS Bulgaria

9 Sep 2014

Vivacom (Bulgarian Telecommunications Company, BTC) has reportedly informed the Commission on Protection of Competition (CPC) that it intends to acquire National Unit Radio and TV Systems (NURTS) Digital, one of the digital terrestrial television (DTT) multiplex operators in Bulgaria, domestic source Novinite reports. The NURTS Bulgaria group invested in and set up the infrastructure necessary for the distribution of Digital Video Broadcasting-Terrestrial (DVB-T) signals within the territory of Bulgaria, but its owners recently decided to divest the unit, due to ‘the macroeconomic situation and lack of consumer interest in the digital over-the-air signal’. In its letter of intent, Vivacom declared that it will fulfill all contractual and legal duties of NURTS Bulgaria.

Bulgaria, Vivacom (BTC)