Digital Media Europe: Black Sea resorts to receive 3G, UMTS and HSDPA services

Keywords: Mobiltel, 3G, UMTS, HSDPA, Black Sea

"Mobiltel customers travelling in and around the Black Sea will have access to 3G, UMTS and HSDPA services starting 1 July 2006.

Customers in the Southern Black Sea will have access to Bulgarian telcommunications operator Mobitel's 3G network as of July 1, 2006. Starting 8 July, UMTS and HSDPA network coverage will extend to Varna and the resorts along the Northern Black Sea. Resorts in Burgas and Albena already receive 3G network coverage."
Source: Digital Media Europe

Digital Media Europe: Bulgarian winter resorts to get high-speed internet access, additional fixed phone lines

Keywords: Bulgarian Telecommunications Company (BTC)

"Bulgarian national telco the Bulgarian Telecommunication Company (BTC) is investing over 2 million leva to renovate fixed-line telephony and install ADSL internet capability in three winter resorts: Bansko, Borovets and Pamporovo.

At Bansko, BTC aims to increase the telephone capacity by 30 per cent, which will make it possible to completely digitalize the local phone network. BTC is to increase the telephone capacity in Borovets by over 30 per cent, while increasing the capacity in Pampovo and the neighbouring towns of Shiroka Luka and Stojkite by 100 per cent."
Source: Digital Media Europe

Assetz News: Bulgaria strengthens lead as property hotspot

"Bulgaria has managed to further improve its reputation as a property investment hotspot in the last three months, according to the latest investment Tracker.

The second quarter of 2006 actually saw Bulgaria improving its position considerably, from a 116 per cent return on cash invested in March to 137 per cent in June, according to research from Assetz."
Source: Assetz News

International Herald Tribune: The rise and rise of Bulgarian property

"Anyone who has bought property in Bulgaria will tell you that the prices are so low, it is impossible to lose. Prices will continue to rise. The only uncertainty is by how much. And how long.

The Balkan country already has had 12 years of increases. And the National Statistical Institute reported in January that the average sales price per square meter for residential properties in Bulgarian cities had gone up 36.6 percent in the previous year.

But residential prices in Sofia still average only €600, or $717, per square meter, or $66 per square foot. That is much less than the €750 average per square meter in Bratislava, Slovakia; €850 in Bucharest and €1,500 in Prague, according to the National Real Property Association of Bulgaria.

Those numbers have pushed Bulgaria squarely into the real estate spotlight, attracting West Europeans lured by the current hot place for vacation homes and, to a lesser extent, for investment."
Source: International Herald Tribune