Bulgaria Telecommunications Report Q3 2013 - New Market Research Report
the Bulgarian market had a mixed 2012, with mobile subscriptions continuing to increase even at penetration rates in excess of 160%, but monthly blended ARPU declined rapidly. We believe this pattern was the result of aggressive promotional activities by operators to retain existing customers and attract new ones. The pattern of subscription growth and price pressures is forecast to continue, driven by competition and regulatory policies such as MTR reduction. However, this trend will be less pronounced than in 2012...
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