Globul, Bulgaria

Globul, Telenor’s wholly owned subsidiary, is the second largest mobile operator in Bulgaria. The ownership also includes Germanos Bulgaria, the leading telecom retailer in the country, which is operationally integrated within Globul.

Globul’s telecom services include mobile, fixed and data.

Working in this fast growing company, I constantly get to develop and expand my horizon.

Yassen-Guev-en

Globul at a glance

Key facts

  • The second largest mobile operator in Bulgaria (revenue/marketshare).
  • 4.5 million subscribers (end of 2012)
  • 36 % subscriber market share (end of 2012)
  • About 2000 employees  (Globul/Garmanos)
  • Total revenues for 2012 was EUR 378 million
  • 99.98 % population coverage
  • The headquarters are located in Sofia
  • CEO: Stein Erik Vellan

Source: Globul and CIA World Fact Book

Historical background

On 1 August 2013, Globul was officially consolidated in the Telenor Group. The transaction also included Germanos Bulgaria, the leading telecom retailer in the country operationally integrated with Globul.

Globul has been present in Bulgaria since 2001. At the end of 2012, the company reported 4.5 million subscribers and a 36 percent subscriber market share. In 2012, Globul and Germanos Bulgaria generated revenues of EUR 378 million and EBITDA of EUR 135 million.