Serbia, South Korea sign agreement on information, communications technologies

Minister of Telecommunications and Information Society Jasna Matic and Chairman of the Korea Communications Commission See Joong Choi signed an agreement on cooperation in information and communications technologies today. The ... More

BTC on debt restructuring by end-summer

Talks to restructure the debts of the Bulgarian Telecommunication Company (BTC) could be finalised by the end of the summer, company board chairman Pierre Mellinger told Dnevnik. Mellinger is executive director of New Europe ... More

BTC seeks ways to renegotiate debts

The Bulgarian telecommunications Company (BTC) and its owners are in talks to restructure their debts in order to meet specific requirements, South China Morning Post reported. The publication claims that Richard Li, one of ... More

Jeremic and Matic work to reestablish mobile phone coverage in Serbian Kosovo.

Serbian Foreign Minister Vuk Jeremic has stated in Belgrade that the works are underway to re-establish the signal coverage of Serbian mobile phone providers in part of Kosmet with Serb population, and parallel with that the ... More

Ericsson Nikola Tesla and Montenegro Telecom to cooperate

Croatian Ericsson Nikola Tesla, a member of the Ericsson Group, and Crnogorski Telekom (Montenegro Telecom) have signed a contract on cooperation during the next four years. The contract will make the latest Ericsson solutions ... More

Vip generates EUR 143.3m loss

In 2009, Vip generated EUR 143.3m business loss in Serbia, increasing it 64 percent compared to 2008. The loss before tax and interest includes also one-time cost of impairment in the licenses for mobile telecommunication ... More

Cosmote Romania buys rival operator for 3G licence

Mobile operator Cosmote Romania agreed the acquisition of smaller local rival Zapp Mobile for 207 million euro on June 30, after months of negotiations. Cosmote bought Zapp, owned by Saudi Oger, for its 3G licence, but has no ... More

BNR to host the 8th regional meeting of telecommunication companies in Southeastern Europe

In spring 2010, the Bulgarian National Radio will host the 8th regional meeting of telecommunication companies from Southeastern Europe and radio broadcasting equipment producers. Investors from Western Europe and the USA are ... More

Montenegro, 41% population has internet access

At the end of March 2009, the number of internet subscribers in Montenegro reached the 280 thousand units mark, equal to a 41.3% coverage of the population. According to the website Informest, figures from the Montenegran ... More

Globul appoints new CFO

Bulgarian mobile phone operator Globul said it has appointed Nikolaos Paraskevopoulos its new chief financial officer (CFO). He will be responsible for the carrier’s financial and revenue departments. Paraskevopoulos has ... More

Turkish mobile company favourite GSM operator in Albania

The Eagle Mobile company, a subsidiary of the Turkish Calik Group, has become the favorite mobile telephone operator in Albania, Anatolia news agency reported. Having entered the Albanian market eight months ago, Calik Group ... More

The mobile telephony penetration rate reaches 123% in Romania

The penetration rate of the mobile telephony in Romania, subject to the number of valid SIM cards, reached 123 per cent at the middle of the year 2008, while from the total 26.5 million SIMs, 17.9 million were valid pre-paid ... More

Turkcell wins fastest wireless license

Turkcell, Turkey's largest mobile-phone company, won an auction for the country's fastest wireless license, beating rivals Vodafone Group and Avea, Turk Telekom's mobile-phone unit. Turkcell bid 358 million euro for a 20-year ... More

1500 textile workers from Prilep without work

Half of over 2.500 textile workers in Prilep are without work, conveyed MIA yesterday. According to the Prilep economic chamber, few major companies turned off the machines temporarily, because their foreign partners decreased ... More

Telecom Slovenia wants to buy Cosmofon

Slovenian telecom is interested in buying the mobile operator, which as of recently provides land-line telephony as well, “Cosmofon”, informed yesterday the company’s office in Ljubljana. “Telekom ... More

Cosmote launches roaming services onboard aircraft

Cosmote Romania has launched roaming services onboard aircraft following an agreement concluded with OnAir operator specializing in mobile telephony network implementation onboard airplanes. Cosmote informs in a press release ... More

Altec Telecoms Files for Bankruptcy

Altec Telecoms announced in a press release on Friday that it would file for bankruptcy later in the day due to "risk of financial inability", in accordance with Article 3, Paragraph 2 of the Bankruptcy Code. The company says ... More

Telekom Srpske plans by 50 per cent higher profit

Telekom Srpske’s CEO Predrag Culibrk announced in an interview that the operator would close this business year with a profit higher by 50 per cent and revenues greater by 25 – 25 per cent, which would be a record in ... More

Cell carrier Globul rolls out fixed-line service

Globul, the Bulgarian arm of Greek mobile operator Cosmote, launched an integrated mobile and fixed-line voice service covering Sofia’s university campus district of Studentski Grad. This is the carrier’s second ... More

Wireless operator Mobiltel hunts for franchise shops

Mobiltel, the leading mobile operator in Bulgaria, will kick on Tuesday a franchise and representatives campaign across the country, the company said. The campaign labeled M-Tel Partners is aimed at promoting ... More