Monday, September 19, 2005

Six firms eye Bulgaria high-speed wireless permits

A Reuters newswire article, via Yahoo! News, reports that:

Six telecoms firms, including Bulgaria's dominant fixed-line operator BTC and mobile phone operator Mobiltel, have expressed an interest in acquiring high-speed wireless permits, the telecoms regulator said on Monday.

Mobiltel, controlled by Telekom Austria, and BTC, majority owned by U.S. equity fund Advent, will compete with four smaller local players for two so-called point-to-multipoint licenses, to be auctioned on October 11.

The technology allows for fast and high-quality broadband data transfer such as voice, video, multimedia and Internet surfing, the regulator said. It will auction three similar licenses with smaller capacity on October 25.

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