New Market Report Now Available: Bulgaria Telecommunications Report Q2 2013
Bulgaria's mobile market returned to positive growth in Q312 after contracting in the previous quarter. However, this came at the cost of a sharp decline in ARPUs, which we believe was due to aggressive promotional activities by operators to retain existing customers and attract new ones. We expect growth to remain in positive territory over our forecast period, despite a penetration rate of more than 160% as of 9M12. This will be driven by competition, regulatory policies, such as MTR...
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