July 12 (SeeNews) - Bulgaria's financial regulator said it has approved the request of local telecommunications company A1 Bulgaria to act as an investment agent of Malta-based Atlas Insurance PCC Limited.
The regulator did not provide any additional information in its statement published on Wednesday.
Last month, Mobiltel, a unit of Telekom Austria Group, changed its name to A1 Bulgaria.
The new brand aims to demonstrate that Mobiltel is not only a mobile network operator but offers the full range of telecommunications services, the company said at the time.
In Bulgaria, A1 Bulgaria competes with the local unit of Norway's Telenor and the Bulgarian Telecommunications Company (BTC), which operates under the brand name Vivacom.