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Comparison of M-tel and Eagle Mobile: Market Performance and Financials

This report compares two mobile operators: M-tel, Bulgaria's first mobile operator founded in 1994, and Eagle Mobile, a subsidiary of Albtelecom established in 2008 in Albania. M-tel commands a market share of approximately 51.1% with 4.4 million customers and reported revenues of €614.7 million in 2009. In contrast, Eagle Mobile has a 13% market share with around 570,000 customers and revenues of €79.3 million in the same year. This analysis covers their operational history, market position, and financial performance.

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Comparison of M-tel and Eagle Mobile: Market Performance and Financials

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  1. M-tel & Eagle Mobile E-Marketing Comparison http://www.mtel.bg http://www.eaglemobile.al Presented by: Evtim Todorov Edi Bardhollari

  2. M-tel • Founded in March 1994 by Mr. Krassimir Stoitcheff but was not launched commercially until September 1995. • On 22 February 2006, the company signed a partner network agreement with Vodafone. • Has a market share of about 51.1% with 4 400 000 customers. • 1st mobile operator of Bulgaria. • Revenue 2009 = €614.7 million • Net Income 2009 = €147.9 million • http://www.mtel.bg

  3. Eagle Mobile • Founded in March 2008 as a subsidiary of Albtelecom (fixed telephone company). • Owned by Calik Holding (Turkish company) holding 80% of its assets. • Has a market share of about 13% with about 570 000 customers. • 3rd mobile operator of Albania • Revenue 2009 = €79.3 million. • Net Income 2009 = €17.9 million. • http://www.eaglemobile.al

  4. Thank you for your time

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