Bulsatcom aims to consolidate its Bulgarian pay TV lead with satellite launch
June 29, 2017
Bulgarian operator Bulsatcom has successfully launched the country’s first geostationary satellite, BulgariaSat 1, in cooperation with Ellon Musk’s SpaceX. The satellite, which launched on June 24 2017, is owned and operated by Bulsatcom and is the second satellite to be launched in Europe with 100% private investment. The total value of the project is $235 million, with an estimated return on investment of 10 years.