The telecom industry is one of the fastest growing sectors of the Bulgarian economy. There are currently 3 mobile operators and more than 10 alternative operators. The share of mobile service revenues has already surpassed that of fixed-line services. Nevertheless, mobile penetration is still far below EU levels, which promises the rapid growth to continue in the coming years. Broadband Internet will be another telecom segment that is expected to surge aggressively in the near term.
NECA's involvement in the telecom sector spans mobile telephony, international connectivity and data transmission services. NECA can offer value added services in finance raising, acquisitions of licenses or existing companies, access to and liaison with regulatory authorities.
NECA advised a major European telecom on its bid for the acquisition of a Bulgarian mobile operator.
NECA successfully consulted Neterra on finance raising for building a cross-border terrestrial network. Neterra is a leading Bulgarian alternative communications operator offering international satellite and terrestrial connectivity.