Bulgarian telecoms market grows 10% in 2006 to EUR 1.55 bln (Bulgaria)The Bulgarian telecoms market grew 10 percent in 2006 to a value of EUR 1.55 billion, according to the annual report of the national communications commission. Mobile communications accounted for 59.3 percent of the market or EUR 920.5 million in services revenues, reports Sofia News Agency. The total mobile subscriber base grew by 32 percent to 8.25 million, equal to 107 percent of the population. M-Tel, owned by Telekom Austria, remained the dominant mobile operator despite seeing its share drop to 51.7 percent of all users and 59.7 percent of revenues. Rivals Globul and Vivatel had revenue shares of 36 percent and 4 percent respectively. Fixed-line penetration was down at 70 percent of households and 31 percent of the population. Fixed revenues fell 8 percent to EUR 399 million. BTC had 97 percent of the fixed-line market. Telecom investment reached EUR 415 million last year, down 14 percent from 2005. However, the regulator estimates investments will increase this year to around EURR 470 million.
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