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Radar · Telecom in Bulgaria

Best Telecom Companies in Bulgaria

The 31 best Telecom companies in Bulgaria in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: CETIN.

31companies tracked
$552.9Mdisclosed funding
0unicorns
2have raised
Sources & further reading
  • Telecom news: API market, Azercell, Nova Scotia’s rural connectivity
  • U.S. Telecom Market Projected to Surge Between 2025-2029, Led by AT&T,
  • Telecom Market Research Reports – TBR
FLIAR INTELLIGENCE · TELECOM × BULGARIA

Our analysis of 100 Telecom companies

$83.4b in tracked funding; 91% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

100companies analysed
91%cloud-native stacks
2025funding peak (by rounds)
4unicorns
2013median founding year

Ranked: Best Telecom companies in Bulgaria

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1CETIN
Provider of data and security management, and IT services
$545M34 mo agoSeed—2015LiferayJavaBootstrap+9—
2Telelink Infra
Provider of mobile telecommunication services
$8M48 mo agoSeries A—2001WordPressMySQLPHP+20—
3MYX
Provider of an AI-enabled digital twin platform for asset visualization
—53 mo agoSeedMihail Georgiev
Co-Founder
2019Cart FunctionalitySquarespace CommerceSquarespace+12—
4Blizoo
Fixed-line TV and telecommunication services provider
—205 mo agoAcquiredAlexander Dimitrov
CEO
2009——
5Mobiltel
Telecommunication services provider in Bulgaria
—268 mo agoAcquired—1994——
6BIX.BG
Operator of an internet exchange point providing connectivity and traffic control
——AcquiredDimo Nikolov
CEO
2009GSAPNginxGoogle Font API+1—
7Bulsatcom
Provider of optical fibre internet services for residence
——Acquired—2004SentryFirebaseEmotion+8—
8ComNet Sofia
Provider of internet and television services based in Bulgaria.
——Private————

Top 4 Telecom companies in Bulgaria

#1
Seed · Sofia, Sofia City Province · founded 2015 · 2242 employees
$544.9Mraised
▾

Provider of data and security management, and IT services

Funding rounds
  • Jan 2024Grant (prize money)$394.9K
  • Jan 2023Grant (prize money)$63.8K
  • Apr 2022Conventional Debt$544.5M
  • Oct 2021Seed—
Investors
Europa, GIC
Tech stack
AlloyuiBootstrapGoogle Font ApiGoogle Tag ManagerGsapHsts
#2
Series A · Sofia, Sofia City Province · founded 2001 · 400 employees
$7.9Mraised
▾

Provider of mobile telecommunication services

Investors
BlackPeak Capital
Tech stack
Apache Http ServerComplianzCore-JsElementorGoogle AnalyticsHandlebars
#3
Seed · Sofia, Sofia City Province · founded 2019 · 69 employees
—raised
▾

Provider of an AI-enabled digital twin platform for asset visualization. It offers a web-based platform that can automatically generate, inspect, and analyze individual assets and public utilities in real-time. Its features include remote monitoring, anomaly detection, auto-generated reports, site, and operations planning, dashboard view, and mobile application integration.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 47.2% of this cohort's audience
Activity: 2 product launches announced in 12 mo
Funding rounds
  • Jun 2022Seed—
Founders & team
Mihail GeorgievCo-Founder
Investors
Connect44, New Vision 3 Fund
#4
Acquired · Sofia, Sofia City Province · founded 2009 · 1200 employees
—raised
▾

Provider of cable television and internet services in Bulgaria. The company engages in the conversion of analogue into digital TV subscribers and the sale of broadband, telephony and other products.

Founders & team
Alexander DimitrovCEO
Investors
EQT
Tech stack
HstsDigicert

Funding & investor landscape

$552.9Mtotal disclosed funding
2companies funded
3disclosed rounds
0rounds last 90 days
Most active investors
3TS Capital Partners1 rounds
Abn Amro1 rounds
BlackPeak Capital1 rounds
Citi1 rounds
Connect441 rounds
EQT1 rounds
Europa1 rounds
GIC1 rounds
Global Finance1 rounds
Innova Capital1 rounds
Prism market signals · Bulgaria · country-scoped Prism corpus, 486,940 docs

Market landscape — 10 sub-themes by coverage

Share of Telecom coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Bulgaria

How research on 5G / 6G Networks is moving in Bulgaria

A read on the academic research around 5G / 6G Networks — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 123 Bulgaria-affiliated papers.

research sentiment over time
201420212025
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and softening — the enthusiastic (strongly-positive) share moved 41% → 34% across 2014–2025.
top research entities
  • Institute of Electronics104
  • Technical University of Sofia8
  • Institute of Oceanology2
  • Bulgarian Academy of Sciences2
  • Institute of Biophysics1
leading researchers
Wei Wang · Yunkai Deng · Robert Wang · Liang Zhang · Guangxin Wu · Yashi Zhou · Zhen Chen · Longyong Chen
▲ Breakthroughs41 · 33%
▼ 26%→21% share
▼0.8× share momentum4 median citations29% since 2021mostly methods-led
Breakthroughs are cooling (26%→21% of field), led by Beamforming.
rising sub-themes (early→recent)
  • Beamforming3→6
Landmark UWB Through-Wall Imaging Based on Compressive Sensing · 267 cites
◆ Advancements74 · 60%
▼ 70%→69% share
▲1.0× share momentum1 median citations49% since 2021mostly methods-led
Advancements are cooling (70%→69% of field), led by Beamforming.
rising sub-themes (early→recent)
  • Beamforming12→20
  • Electronic engineering2→7
  • Radar1→5
  • Algorithm1→4
Landmark First Bistatic Demonstration of Digital Beamforming in Elevation With TerraSAR-X as an Illuminator · 55 cites
▼ Concerns6 · 5%
▲ 0%→8% share
1 median citations67% since 2021mostly methods-led
Concerns are rising (0%→8% of field), led by MIMO.
rising sub-themes (early→recent)
  • MIMO4
  • Electronic engineering4
  • Beamforming2
  • Channel (broadcasting)2
  • Phased array2
Landmark Intelligent Reflecting Surfaces at Terahertz Bands: Channel Modeling and Analysis:Channel Modeling and Analysis · 65 cites
RESEARCH HOTSPOTS · Bulgaria

Where 5g 6g is researched across Bulgaria

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Sofia11 · +0.46
Hot · BeamformingOpportunity · Artificial neural network

Common questions

How many Telecom companies are there in Bulgaria?
Radar tracks 31 indexable Telecom companies headquartered in Bulgaria that meet our profile-completeness bar.
What is the total funding raised by Telecom companies in Bulgaria?
The Telecom companies in Bulgaria on this list have raised a combined $552.9M in disclosed equity funding across 2 funded companies.
Which is the highest-funded Telecom company in Bulgaria?
CETIN is the highest-funded Telecom company in Bulgaria, with $544.9M in disclosed equity funding.
How many Telecom companies in Bulgaria are funded?
2 of the 31 Telecom companies in Bulgaria on this list have disclosed at least one equity funding round.
How many Telecom unicorns are there in Bulgaria?
None of the Telecom companies in Bulgaria on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Bulgaria Telecom companies?
The most active investors in Bulgaria Telecom companies on this list include 3TS Capital Partners, Abn Amro, BlackPeak Capital, Citi, Connect44.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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