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Von: BueschelW@web.de im Auftrag von Wolfgang Bueschel ...

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(Kai Ludwig-D, dxld Apr 8)<br />

Bulgarian regulator sells part of broadcasting division to financial<br />

investor.<br />

Vivacom (Bulgarian Telecommunications Company AD) has signed an agreement<br />

to sell 50 per cent of its broadcasting division - National Unit Radio and<br />

TV Systems (NURTS) - to international financial investor Mancelord L<strong>im</strong>ited<br />

and has applied for approval by the Communications Regulatory Commission<br />

(CRC), Vivacom said on its website on Wednesday.<br />

The new joint venture's main focus will be <strong>de</strong>velopment of the digital<br />

network infrastructure of the company in or<strong>de</strong>r to position it as a<br />

competitive player on the digital broadcasting market in Bulgaria. NURTS<br />

will benefit from the additional financial support to <strong>de</strong>velop innovative<br />

solutions for its digital TV infrastructure.<br />

"NURTS needs a financial injection that will help us <strong>im</strong>plement our<br />

strategic investment programme associated with the introduction of digital<br />

television and radio broadcasting. This transaction will help us turn the<br />

company into a nationwi<strong>de</strong> mo<strong>de</strong>rn multiplex service provi<strong>de</strong>r," said Vivacom<br />

CEO Bernard Moscheni.<br />

According to the EU requirements all Member States must fully cease the<br />

analogue broadcasting signal by the end of 2012. Bulgaria is also<br />

committed to meet this <strong>de</strong>adline. In or<strong>de</strong>r to fulfil the criteria it is<br />

necessary to build infrastructure that makes transmission possible through<br />

the new technology.<br />

NURTS is the leading provi<strong>de</strong>r of radio and television broadcasting<br />

services through its unique network of over 800 strategically located<br />

sites covering nearly 100 per cent of the Bulgarian territory. Since 2006<br />

it has been <strong>de</strong>veloping in Sofia an exper<strong>im</strong>ental DVB-T multiplex for<br />

transmission of digital terrestrial television. So far, NURTS has been a<br />

division within the Vivacom group. After getting the necessary approvals<br />

by the CRC and Commission on Protection of Competition (CPC), NURTS will<br />

become part of a joint venture in which BTC will have 50 per cent.<br />

International investment bank Lazard has advised Vivacom on the <strong>de</strong>al.<br />

Mancelord L<strong>im</strong>ited is represented in Bulgaria by Bromak Ltd., majority<br />

sharehol<strong>de</strong>r in Bulgaria's Corporate Commercial Bank Ltd. (CCB). The press<br />

recalls that CCB financed the purchase of a TV channel and five newspapers<br />

by Irena Krusteva. Bromak is a partner in Krusteva's media group.<br />

(BTA news agency, Apr 7 via BBC_M via dxld)<br />

BULGARIA/former GDR/HUNGARY [non] I came across about erection of<br />

CHAYKA / LORAN "Long Range Aid to Navigation chain" system on eastern<br />

block countries Bulgaria, GDR, and Hungary in 1989 - 1990, -- but never<br />

realized !<br />

<br />

at GDR_Damgarten, planned Chayka navigation sen<strong>de</strong>r, north of airport<br />

54 16 08.30 N 12 28 12.66 E or<br />

54 16 59.07 N 12 26 31.16 E<br />

file:///E|/datentransfer/wwdfxc_2010/BCDX959.TXT[06.01.2011 12:39:05]

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