Deal news round-up

Published: October 6, 2015

Convergence strategy moves to Bulgaria

Telekom Austria continues its Eastern European expansion by buying out Bulgarian cable operator blizoo.

Telekom Austria has acquired 100% of the Bulgarian cable operator blizoo through its Bulgarian subsidiary Mobiltel. The deal was agreed at the end of July and is expected to close in the fourth quarter after clearance from the competition authorities is received. 

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