M-tel

Mobiltel
joint stock company
Industry mobile telecommunications
Founded 1994
Headquarters Sofia, Bulgaria
Key people Andreas Maierhofer, CEO
Products mobile / fixed telephony, Internet services, Digital TV services
Revenue

Decrease €614.7 million (2009)

Net income
Decrease €147.9 million (2009) [2]
Website www.mtel.bg

M-Tel ("Мобилтел" or "М-Тел" in Bulgarian /network code 284-01/), also known as "Mobiltel", is the first and largest GSM [3]).

In 2001 M-Тel launched its pre payment sim cards which allow customers to purchase credits prior to calling friends, this was a great success and saw the amount of customers using their network increase dramatically.

The company had a market share of about 58% and 3,000,000 clients in September 2004. On 14 September 2006 M-Тel reached 4,000,000 clients. As of May 2006 the company has 4,400,000 subscribers and its market share fell to 51,1%. Its contract customers increased to 1,7 mln, while the profit per customer dropped to 9,9 euro for Q1 2007.[4]

The operator has been owned by [5].

The company is the official sponsor of Bulgarian football club PFC Levski Sofia. Since 2005, the company also organizes the strong annual M-Tel Masters chess tournament, which is attended by six of the world's best International Grandmasters.

Despite the difficult economical environment effecting the entire IT and Telco industry in Bulgaria, Mobiltel's performance remain stable with a customer base of 5.3 mio. The postpaid subscribers increased from 61% to roughly 66%. Mobiltel's market share by end Q1/2011 stays at 49.3% . Additional information from the Financial Report on the First Quarter of 2011 could be found at: www.mtel.bg

The M-Тel network uses the access code 088. Until 2003, it also used the codes 089 and 087, which had been added as the network had expanded. In mid-2003, however, mobile numbers in Bulgaria increased by one digit and the M-Тel network code returned to being 088 only.

Mobiltel owns Loop - the largest virtual mobile operator operating in Bulgaria, specially designed for young customers. In 2011 Mtel created pre paid service for cheap telephone calls, SMS and mobile Internet BoB, which is available in Austria and Slovenia too.

External links

  • Bulgarian
  • English

This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.