BTC profits slump

By Chris Dziadul

The incumbent Bulgarian telco BTC has posted profits of BGN21.024 million (€10.759 million) for Q1 2009, or 32% less than for the corresponding period last year.

Its income was meanwhile, at BGN254.440, 1% down year-on-year.

Although BTC has yet to launch an IPTV service, it is one of 50 companies that have recently declared an interest in bidding for a DTT licence.