VIVACOM - the Telecom with the Highest Revenue in Bulgaria

According to the data about the total revenues form the first quarter of this year - Vivacom retained the leading position on the telecom market in Bulgaria. Its revenue for this period was BGN 223 million. Despite the highly competitive environment, VIVACOM achieved stable numbers and compared to the same period last year the company recorded 5.6% growth.

VIVACOM is the number one operator in providing the most advanced television service - Interactive TV (IPTV). At the end of the first quarter of 2018 - 47% of the 451,000 TV subscribers who pay monthly subscription chose interactive television, which represents a 4% increase over the same period of the previous year.

The company is increasing revenue from mobile services and by the end of March 2018, it has achieved nearly 30% market share with a total number of mobile customers exceeding 3 048 000. Of these, 89% are on subscription contracts.

Mobile Internet revenue share in total mobile revenues continues to increase, reaching 41% in the first quarter of 2018, compared to 34% in the same period last year. Contribution to the positive trend is the expansion of 4G telecom network coverage. 

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Bilyana Ninova

Bilyana Ninova is a Marketing specialist, content creator and hobby photographer.

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