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Latest Satellite News Discussion, Tough times for Bulgarian pay-TV at General Satellite News forum; Tough times for Bulgarian pay-TV July 9, 2012 08.29 Europe/London By Chris Dziadul The telecom market in Bulgaria continues to ...

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Tough times for Bulgarian pay-TV - 09-July-2012, 15:30

Tough times for Bulgarian pay-TV
July 9, 2012 08.29 Europe/London By Chris Dziadul

The telecom market in Bulgaria continues to shrink and was worth less than BGN3 billion (1.526 billion) in 2011, according to the latest annual report published by the Commission for Communications Regulation, quoted by Trud.

The exact figure of BGN2.944 billion was BGN196 million, or 6%, lower than in 2010 and almost BGN400 million down on two years earlier.

Worryingly, the cable and satellite sectors saw their combined revenues fall by 24.6% in 2011, compared to 11% in the case of telephony, while those for internet services remained unchanged.

The only growth an impressive 2.5 times increase was in revenues for bundled telco services. The telco sector currently accounts for 3.9% of Bulgarias GDP.


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