Less income and more investment - these are the two most common trends of the telecommunication market in Bulgaria in 2014, noted by the annual report on the sector for 2013, prepared by the Communications Regulation Commission (CRC).
According to the analysis published on the website of the regulator, the total investment of telecom companies in Bulgaria for 2014 will be BGN 624 million. This is the first increase in the amount of three years - in 2013 it was BG 524 million, which is 4% below that of the previous year.
The biggest investment in the industry is expected to be made by "Globul" whose new owner, Telenor, undertook complete replacement of the network. Although the total cost of the project is approximately BGN 300 million, it is not clear in practice how much of it will be implemented this year. About BGN 200 million are the planned investments of "Mobiltel" for 2014. Operators invest mainly in adoption of new technologies in their networks.
Source:InvestBulgaria Agency