The sale of the Bulgarian fixed line and cellular operator Vivacom-BTC may go ahead before the end of this year according to local press reports. Vivacom’s owners attempted to sell the operator earlier this year, with Turkcell of Turkey emerging as the favoured bidder, but the deal collapsed when Turkcell demanded at least EUR100 million indemnity to insure against the outcome of ongoing legal action between the Bulgarian government and previous Vivacom shareholders.
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OVETEL Vivacom-BTC sale could go ahead this year
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