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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.
Bulgaria's CableTel looks to launch HD programming
Compared to most months, quite a bit has been going down overseas in the HD arena. Next up on the list of movers and shakers is CableTel, a leading cable operator in Bulgaria. Reportedly, the carrier is gearing up to launch four high-definition channels by the end of the month, and it looks as if Discovery HD, National Geographic HD, Eurosport HD and Premium Digital HD are the four in question. It's noted that the foursome will initially be available in 16 undisclosed cities for around 19.90 Bulgarian levs ($16) per month, with the potential for six more HD networks to go live before the year's end.
