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Announced

Vivacom to acquire Bulsatcom.

Synopsis

Vivacom, a provider of telecommunication services, agreed to acquire Bulsatcom, a provider of satellite television, internet and mobile communication services. Financial terms were not disclosed. Viva Corporate Bulgaria acquires Bulsatcom in order to support the development of the pay-TV services provider, Bulgarian businessman Spas Roussev, who represents the buyer and until recently was a shareholder in Bulgarian Telecommunications Company operating under the Vivacom brand, said in the statement.

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