What ComNet Bulgaria Holding Ltd. does

ComNet Bulgaria Holding Ltd. (КомНет България Холдинг ООД) is a privately held Bulgarian telecommunications company headquartered in Burgas that has been in continuous operation since at least 1997. The company builds and operates its own passive optical (GPON) network across the Burgas region and the South Black Sea coast of Bulgaria, including the towns of Aytos, Sredets, Kableshkovo, Nessebar, Ruen, and (more recently) Sliven. Its core consumer offering is gigabit-capable fiber-to-the-home internet (entry tier 100 Mbps at approximately €5/month) combined with a digital television service of over 200 channels delivered via TVIP set-top boxes or a Smart-TV application, sold primarily through 1-year and 2-year subscription contracts.

The technology stack is conventional for a regional fiber ISP: GPON optical line terminals feeding ZTE F623 ONTs at customer premises, an IPTV middleware supporting 7-day replay and recording, and ONVIF-compliant IP cameras (Uniview, IMOU) for an in-house cloud video surveillance product. For business and hospitality customers, ComNet offers symmetric MAN/VPN services with VLAN/QoS, managed WiFi hotspot solutions with a proprietary user-billing platform integrated to ePay.bg, and IP PBX systems based on Asterisk or hardware from Grandstream, Cisco, ZTE, and Huawei, with CRM/ERP integration.

Revenue is generated almost entirely from recurring monthly subscriptions (residential internet, IPTV, video surveillance, business services) supplemented by one-time hardware sales of TP-Link, Mikrotik, Ruijie, and Uniview equipment. Customer segments are horizontal: residential subscribers, SMEs, and a smaller hospitality tail. Distribution is direct — via the comnet.bg website, a self-serve customer portal, and physical offices — with bill payment supported across FastPay, EasyPay, CashTerminal, ePay.bg, bank transfer, and direct card payment. The company is a private limited liability company (OOD) with no disclosed institutional shareholders, funding rounds, or M&A activity.

Name

ComNet Bulgaria Holding Ltd.

Legal name

КомНет България Холдинг ООД

Website

https://comnet.bg

Company type

Private

Founded year

1997

Operating status

Operating

Short description

ComNet Bulgaria Holding Ltd. is a private Bulgarian regional ISP and IPTV operator that builds and operates its own GPON fiber network in the Burgas region and South Black Sea coast, serving residential, SME, and hospitality customers with internet, digital TV, and managed connectivity services.

Ownership category

akta.pro rank

Product category

Telecommunications Services

NAICS

Wired Telecommunications Carriers (517111)

SIC

Cable & Other Pay Television Services (4841), Services-Telephone Interconnect Systems (7385)

akta.pro primary industry

Fiber ISPs (FTTH/FTTP Retail Providers) (HDAIADAE)

akta.pro secondary industries

Fiber-to-the-Premises/Building (FTTP/FTTB) Operators (HDAIACAC), Residential Broadband CPE (DSL/Cable/Fiber Gateways) (HDAFAIAA), Cable MSOs (Hybrid Fiber-Coax) (MPABAGAA)

Keywords

• Fiber optic internet
• Digital television
• Video surveillance services
• Business VPN connectivity
• Managed WiFi hotspots

Headquarters

HQ city

Burgas

HQ country

Bulgaria

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales

Revenue model

1. Residential Internet Subscriptions: Monthly recurring subscriptions for optical fiber internet connectivity at speeds up to gigabit, with 1-year contract terms and free installation and configuration.
2. Digital Television Services: Digital TV subscription with over 200 channels, additional paid channel packages (HBO, Cinemax, MAX Sport, Diema), and 2-year contract options.
3. Bundle Packages: Combined internet and TV packages offering cost savings, with over 140 TV channels and interactive functions including channel return and recording.
4. Video Surveillance Services: Monthly subscription plans for video surveillance and recording, with cloud storage on video servers for periods according to selected plan.
5. Business Services: Business internet, MAN/VPN, IP PBX, and WiFi hotspot services for commercial customers with custom pricing and SLA options.
6. Equipment Sales: Sale of networking equipment including routers, cameras, set-top boxes, and accessories as one-time purchases.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels2 records

Core offering

ComNet Bulgaria Holding Ltd. builds and operates its own passive optical (GPON) fiber optic network across southeastern Bulgaria, providing optical internet access at gigabit speeds, digital television with over 200 channels, bundled internet+TV packages, cloud-based video surveillance, and business-grade services such as MAN/VPN, IP PBX, and managed WiFi hotspots. The company sells supporting networking equipment (routers, switches, PON terminals, IP cameras) and serves both residential and business/SME customers in the Burgas region and Southern Black Sea coast.

Product overview

ComNet Bulgaria Holding Ltd. is a Bulgarian telecommunications company providing a comprehensive suite of connectivity and entertainment services. The core offering centers on fiber optic internet with gigabit speeds and digital television with over 200 channels and interactive features. These are complemented by business-grade services including MAN/VPN for secure site-to-site connectivity, managed WiFi hotspots for hospitality venues, IP PBX telephone systems, and cloud-based video surveillance. The product portfolio includes professional-grade networking equipment (routers, switches, PON terminals) from major vendors like TP-Link, Mikrotik, Ruijie, and Uniview, along with IP cameras for security applications. Services are available to both residential customers through bundled packages and business customers through customized enterprise plans.

Differentiator

Problem solved

Functional benefit

Products and services

• Optical Internet Gigabit-speed fiber optic internet connectivity service providing high-speed broadband access through ComNet's own optical fiber infrastructure for residential and business customers across southeastern Bulgaria.
• Digital Television Interactive digital TV service with over 200 channels, premium add-on packages (HBO, Cinemax, MAX Sport, Diema), HD content, 7-day replay, pause live TV, and recording functionality available via Set-Top Box TVIP devices or Smart TV app.
• Package Services (Internet + TV Bundle) Bundled package combining fiber optic internet with digital television at discounted monthly rates, targeted at residential subscribers who want both services from a single provider.
• Business Internet Dedicated fiber internet connectivity designed for small and medium-sized businesses with symmetric capacity, customized plans, service level agreements, and 24/7 priority support.
• MAN/VPN Services Metropolitan Area Network and VPN services providing secure fiber optic connectivity between client locations with symmetric guaranteed bandwidth, VLAN support, QoS prioritization, and SLA options.
• WiFi Hotspot Service Managed WiFi hotspot solution for hotels, apartment complexes, and venues enabling paid guest internet access with custom billing, user management, prepaid cards, and electronic payment via ePay.bg.
• IP PBX Telephone Exchange IP-based telephone exchange system supporting voice, video, and conference calls over the internet with PSTN/GSM gateway integration, available in Linux/Asterisk or hardware solutions from vendors like Grandstream, Cisco, ZTE, and Huawei.
• Video Surveillance Service Cloud-based video surveillance and recording service enabling real-time monitoring, full video recording, and event-triggered recording with remote access via web browser or mobile app, with cloud storage on video servers.
• Networking Equipment Sales Sale of professional-grade networking equipment including routers, WiFi mesh systems, gigabit switches, GPON optical terminals, Set-Top Boxes, and IP cameras sourced from vendors such as TP-Link, Mikrotik, Ruijie, Uniview, ZTE, and IMOU.
• Additional Business Services Technical services for business customers including site inspection visits, router configuration, cable termination, VPN installation and configuration, port forwarding, and remote WiFi network support with controller-based management.

Quantifiable outcome

• Up to gigabit speeds via fiber optic GPON network
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration16 records

Feature3 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Neterra: Bulgarian telecom and data center operator providing connectivity, IP transit, and business services. Comparable on B2B connectivity and fiber infrastructure in Bulgaria, though weighted toward wholesale/carrier services rather than retail broadband.
• Eurocom Cable: Bulgarian cable and internet operator (Eurocom group) offering broadband, TV, and telephony in parts of Bulgaria. Comparable regional fixed-line operator with overlapping residential and SME product set, though historically HFC-based.
• IPN Bulgaria (Internet Provider Nov-Net): Bulgarian regional fiber ISP serving parts of the country with residential and business broadband. Comparable regional fiber operator with overlapping consumer and B2B connectivity offerings.

Direct peers

• Spectrum Net Bulgaria: Bulgarian ISP providing FTTH broadband, IPTV, and telephony, including through GPON rollouts. Comparable in technology stack (GPON, IPTV) and bundled residential/SME service model.
• Bulsatcom: Bulgarian provider of satellite/pay-TV and broadband internet serving residential and business customers. Direct comparable in product mix (TV + internet bundles) and a key Bulgarian competitor in the same consumer connectivity category.
• WightFibre: UK-based regional full-fiber (FTTH) ISP serving a defined geographic area with gigabit broadband, TV, and telephony. Useful international analogue for a privately-held, regionally focused FTTH operator with a multi-product consumer and SME portfolio.
• Net Surf Bulgaria: Smaller Bulgarian regional ISP providing fiber broadband and IPTV to residential and business customers. Closely comparable in scale, product mix (internet + TV), and target customer segments.

Broad incumbents

• A1 Bulgaria: Major Bulgarian telco (part of A1 Telekom Austria Group) providing FTTH, IPTV, mobile, and cloud/B2B services. Comparable on fiber broadband and B2B connectivity but competes from national scale and integrated mobile/fixed bundles.
• Yettel Bulgaria: Bulgarian mobile and fixed-line operator (PPF Group) expanding into fiber broadband and TV. Increasingly overlapping with ComNet on residential FTTH and bundled services, particularly as it expands FTTH footprint beyond Sofia.
• Vivacom Bulgaria: Largest Bulgarian telecom incumbent offering fixed broadband (FTTH), IPTV, mobile, and B2B services. Overlaps with ComNet on fiber broadband, IPTV, and MAN/VPN but at national scale and as part of a much wider portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/comnet-bulgaria-holding-ltd-

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ComNet Bulgaria Holding Ltd.