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Nokia wants to buy Vivatel

By: , IntoMobile
Thursday, February 1st, 2007 at 1:11 PM

Nokia is interested in buying Vivatel. The mobile operator will sell individually BTC. Icelander Thor Bjorgolfsson who owns 65% of BTC intends to sell his share, his fund announced.

So far only Nokia has intentions to buy Vivatel, Standart newspaper reported. The Finnish giant won in September a contract for building a 3G network for the third mobile operator. Nokia will also distribute equipments for GSM, EDGE, WCDMA nets and other technologies from this sphere. Vivatel started its market operations on November 5th 2005 and so far has given negative financial results. The company has over 500 thousand subscribers or about 7-8% of the market share.

Source: Information Agency

This is all the information I could find on Vivatel:

Vivatel (Bulgarian: Вивател) is the third Bulgarian GSM operator, started in 2005. It is owned by the Bulgarian Telecommunications Company, which was granted a GSM operator license in June 2004 and an UMTS license in May 2005. The company sponsors Bulgarian football club PFC CSKA Sofia.

Vivatel reached 500,000 clients in September 2006.

Source: Wikipedia

Let’s see what happens. I don’t get it, but then again Nokia does a lot I’m still just starting to learn about.

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About The Author

Stefan Constantinescu

Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you! Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.

  • Viipottaja

    I would be asthonished if Nokia bought an operator.. I would put my bet on “load of BS”.

  • Stefan Constantinescu

    same here