Vivacom buys landline-based providers Net1, ComNet Sofia, N3Monitor News Agency
Vivacom has finalised a series of deals to acquire 100% of the capital of landline-based internet and TV providers Net1, ComNet Sofia and N3 after securing approval from the relevant regulators. The acquisitions are part of the strategy of the company - now part of United Group, a leading telecommunications and media operator in Southeastern Europe - to expand its network of landline services for homes and businesses.
Prior to the deals, Net1, ComNet Sofia and N3 had been growing mostly as regional landline-based operators. Their well-developed infrastructure and knowledge of the local market will be a valuable resource to Vivacom in its bid to strengthen its leading position on the market.
At the same time, their clients will soon gain access to the innovative platform EON, which combines TV services offering a wide range of exclusive content and modern features with superfast internet through the operator's 10 Gbps fibre-optic network.
Customers will now have the chance to take advantage of great mobile service offers and so have the convenience of getting all their communications solutions from a single provider.