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Telecommunications, Industry Analysis, Bulgaria, 2015

The Telecommunications industry in Bulgaria was represented by 784 companies at the end of 2015, compared to 768 in the previous year and 726 in 2013. The industry's net loss amounted to BGN 15,487,000 in 2015.

The industry's total revenue was BGN 3,184,687,000 in 2015, down by 0.40% compared to the previous year. The combined costs of the companies in the Telecommunications industry reached BGN 3,165,904,000 in 2015, down by 25.10% year-on-year.

The industry's total revenue makes up 3.95% to the country's Gross domestic product (GDP) in 2015, compared to 4.10% for 2014 and 4.46% in 2013. A total of 20,767 people were employed in the Telecommunications industry in 2015, compared to 20,315 in 2014 and 19,314 in 2013. Most of the companies in the industry are based in Sofia, followed by Varna and Plovdiv.

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