Bulgaria's Evrokom Cable / CableTel apply for merger

Looks like some serious movin' and shakin' is going on in Bulgaria, where the nation's two largest cable operators have just announced their intentions to merge. Reportedly, CableTel and Evrokom Cable have "submitted an application with the Commission for the Protection of Competition," since the merger must obviously be approved before it actually goes down. If everything slides through, the newly created company will be under the FN Cable Holding umbrella, controlled by investment fund WarburgPincus. We're also still left without details about the company's new name and its head honcho, though we're sure all those tidbits will filter out once the wedding gets a tad closer to being ratified.