November 17 (SeeNews) - Bulgarian Telecommunications Company (BTC), which operates under the Vivacom brand name, on Thursday dismissed media reports about a potential sale of the company to France's Orange.
"There is no sale process ongoing as the moment," Vivacom said in a statement on its website. "Vivacom shareholders have confirmed that at this stage they have no plans in this direction."
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Vivacom also said it is maintaining its business operations as usual.
French daily newspaper Les Echos reported on Thursday that Orange is considering the potential acquisition of BTC.