Published: 07.55 Europe/London, April 18, 2011

The Bulgarian incumbent telco Vivacom (BTC) may shortly see yet another change in ownership.

Novinite and Trud report that the Lebanese company Oger Telecom may acquire a 25% stake in the telco, as well as take over its management, within a month.

Rather than paying a fee, it will take on Vivacom’s debts, which are understood to be over €1.3 billion.

Vivacom is currently owned by Viva Ventures, a subsidiary of the London-based private equity find Advent International.

Its interests include Vivacom TV, a DTH platform launched last summer that ended the year with almost 30,000 subscribers.