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==History==
==History==
The company was formed after a series of over 60 [[Mergers_and_acquisitions|A&M]]<ref>[http://www.dnevnik.bg/pazari/intervju/2009/02/18/677464_ioje_robeznik_malkite_dostavchici_na_internet_shte/ The small LAN providers will gradually disappear] Interview with Joze Robeznik in Dnevnik news paper, 18 February 2009 </ref> <ref>[http://www.netbg.net/news.php?nid=2264 Powernet and Bol.bg merger press-conference] at BTA conference hall, 17 February 2009 </ref> of various-sized Internet Service Providers (ISPs) into Powernet LLC. The biggest acquisitions being the ones of BOL.bg (in 2006), and of Airbites Bulgaria, a daughter company of SwissCom (in 2009).
The company was formed after a series of over 60 [[Mergers_and_acquisitions|A&M]]<ref>[http://www.dnevnik.bg/pazari/intervju/2009/02/18/677464_ioje_robeznik_malkite_dostavchici_na_internet_shte/ The small LAN providers will gradually disappear] Interview with Joze Robeznik in Dnevnik news paper, 18 February 2009 </ref> <ref>[http://www.netbg.net/news.php?nid=2264 Powernet and Bol.bg merger press-conference] at BTA conference hall, 17 February 2009 </ref> of various-sized Internet Service Providers (ISPs) into Powernet LLC. The biggest acquisitions being the ones of BOL.bg (in 2006), and of Airbites Bulgaria, a daughter company of [http://swisscom.ch SwissCom CEE](in 2009).


<br>1996 One of the first Internet service providers in Bulgaria was founded - KIT LLC.
<br>1996 One of the first Internet service providers in Bulgaria was founded - KIT LLC.
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<br>2006 P&S acquire 100% of KIT and BOL.bg
<br>2006 P&S acquire 100% of KIT and BOL.bg
<br>2008 P&S acquire 100% of Powernet
<br>2008 P&S acquire 100% of Powernet
<br>2009 KIT and BOL.bg merge in Powernet, and Powernet acquire 100% of Airbites Bulgaria from SwissCom CEE
<br>2009 KIT and BOL.bg merge in Powernet, and Powernet acquire 100% of Airbites Bulgaria from [http://swisscom.ch SwissCom CEE]
<br>2010 Powernet joins the [http://www.btt.bg BTT project]
<br>2010 Powernet joins the [http://www.btt.bg BTT project]
<br>
<br>

Revision as of 10:23, 3 January 2011

Powernet LLC
Company typeLimited Liability Company
Industrytelecommunications
Founded1996 (as KIT)
1997 (as BOL.bg)
2008 (as Powernet)
HeadquartersBulgaria Sofia, Bulgaria, (contacts)
Area served
Sofia municipal area
Key people
Dimitar Hinkov (CEO),
Ivo Peev (DBD),
Plamen Milanov (CTO),
Lubomir Plankov (CFO),
Angel Haralampiev (Administrative manager)
ProductsBroadband Internet, CaTV, DigitalPhones, Metro&Long distance Ethernet, Dark Fiber
Revenue5.960 milion (2009)
Increase 1.235 milion (2009)
Total assets15.670 milion(2009)
OwnerLuxembourg P&S EAST GROWTH Luxembourg
Number of employees
175 (2011)
SubsidiariesExtremeNet (100%)
BOL.bg East (50%)
PAMNET (50%)
Websitewww.powernet.bg

Powernet (Powernet LLC) is a telecommunications company with activities in the broadband Internet[1], CaTV and Digital phones. It is headquartered in Sofia, Bulgaria.[2] Currently the company is the biggest broadband Internet services provider to end-users in the region of Sofia municipality. It serves about 35 000 residential, and over 1 500 business customers.

History

The company was formed after a series of over 60 A&M[3] [4] of various-sized Internet Service Providers (ISPs) into Powernet LLC. The biggest acquisitions being the ones of BOL.bg (in 2006), and of Airbites Bulgaria, a daughter company of SwissCom CEE(in 2009).


1996 One of the first Internet service providers in Bulgaria was founded - KIT LLC.
1997 BOL.bg LLC (BOL.bg) was founded
2003 Powernet LLC was founded
2005-2008 Powernet, KIT and BOL.bg acquire 100% of 50 small and medium-sized LAN Internet providers
2006 P&S acquire 100% of KIT and BOL.bg
2008 P&S acquire 100% of Powernet
2009 KIT and BOL.bg merge in Powernet, and Powernet acquire 100% of Airbites Bulgaria from SwissCom CEE
2010 Powernet joins the BTT project

Mission

Powernet is dedicated to achieving high-standards and customer satisfaction by introduction of good practices and attractive package services.

References

  1. ^ We build Fiber Optical networks to each block, interview of Powernet's CEO in SAGA Technology, 30 March 2009
  2. ^ Contacts of Powernet, 01 January 2011.
  3. ^ The small LAN providers will gradually disappear Interview with Joze Robeznik in Dnevnik news paper, 18 February 2009
  4. ^ Powernet and Bol.bg merger press-conference at BTA conference hall, 17 February 2009