August 23 (SeeNews) - Telenor Bulgaria, part of Czech Republic-based investment group PPF, said on Thursday that it has appointed Jason Kind as its new chief executive officer as of September 1.
Jason King has previously held senior leadership positions at Deutsche Telekom, UPC Liberty Global and Veon, Telenor Bulgaria said in a statement.
Last month, PPF Group completed the acquisition of Norwegian mobile operator Telenor's telecommunications assets in Bulgaria, Hungary, Montenegro and Serbia 2.8 billion euro ($3.2 million) on an enterprise value basis. PPF Group said at the time it has financed the transaction through a syndicated loan.
On the Bulgarian mobile segment, Telenor competes with A1 Bulgaria, the local unit of Telekom Austria, Bulgarian telecommunications group BTC, which operates under the brand name Vivacom, as well as with 4G operator Max.
($ = 0.8646 euro)