Key Market Indicators
Bulgarian Telecom Expenditure is projected to reach approximately €3.4 billion by 2028, up from around €2.6 billion in 2023. This represents an average annual growth rate of 4.2%. Since the turn of the millennium, telecom demand in Bulgaria has increased at an average rate of 9.1% per year. In 2023, Bulgaria ranked 20th in telecom expenditure globally. Denmark edged ahead with a similar spending figure of €2.6 billion. Leading the rankings were France, the United Kingdom, and Italy, occupying the second, third, and fourth positions, respectively.
