Powernet
{{More citations needed|date=February 2010}}
{{Use dmy dates|date=June 2024}}
{{Infobox company
| name = Powernet LLC
| logo = Powernet logo.png
| logo_size =
| type = Limited Liability Company
| founded = 1996 (as KIT)
1997 (as [http://www.bol.bg BOL.bg])
2008 (as [http://www.powernet.bg/en Powernet])
| location = Sofia, Bulgaria, ([http://www.powernet.bg/en/pages contacts])
| owner = [http://www.p-s.com/PS/132 P&S EAST GROWTH Luxembourg]
| key_people= Boyan Georgiev (CEO),
Ivo Peev (DBD),
Plamen Milanov (CTO),
Lubomir Plankov (CFO),
Angel Haralampiev (Administrative manager)
| area_served = Sofia municipal area
| industry = telecommunications
| products= Broadband Internet, CaTV, DigitalPhones, Metro&Long distance Ethernet, Dark Fiber
| revenue={{profit}} €3.460 million (2009)
| assets={{profit}} €5.065 million (2009)
| net_income={{profit}} €0.918 million (2009)
| num_employees=175 (2011)
| subsid=[http://extreme-net.bg ExtremeNet] (100%)
BOL.bg East (50%)
[http://pamnet.bg PAMNET] (50%)
| homepage=[http://www.powernet.bg/en/ www.powernet.bg]
}}
Powernet (Powernet LLC), also known as Пауърнет, is a telecommunications company with activities in the broadband Internet,[http://review.sagabg.net/dimitr-hinkov-ceo-paurnet-telekomyunikejshns-izgra.html We build Fiber Optical networks to each block], interview of Powernet's CEO in SAGA Technology, 30 March 2009 CaTV and Digital phones. It is headquartered in Sofia, Bulgaria.[http://www.powernet.bg/en/pages/index/6 Contacts] {{webarchive|url=https://web.archive.org/web/20101221133911/http://powernet.bg/en/pages/index/6 |date=21 December 2010 }} of Powernet, 1 January 2011.
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[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[http://www.netbg.net/news.php?nid=2264 Powernet and Bol.bg merger press-conference] at BTA conference hall, 17 February 2009 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).
- 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 [http://swisscom.ch SwissCom CEE]
- 2010: Powernet joins the [http://www.btt.bg BTT project]
Perspective
On 22 November 2010, Powernet joined the [http://www.btt.bg BTT],[http://www.focus-news.net/?id=n1463891 New national telecom launched], news report by the Focus-news information agency, 23 November 2010[http://paper.standartnews.com/bg/article.php?article=348502 New mobile telephone company is launched – Cable television and Internet service providers merged in national telecom], news report by the Standart news paper, 24 November 1010[http://www.dnevnik.bg/pazari/2010/11/23/998284_alternativni_operatori_se_obediniavat_v_nacionalen/ Alternative operators unite into a national telecom], news report by the Dnevnik news paper, 23 November 2010(Bulgarian Telecom & Television Jsc) project, which united 11 of the biggest regional Internet, CaTV and Phone service providers in Bulgaria. The customers served increased to 150 000 in 40 towns and 110 locations in Bulgaria. BTT covers more than 1 million households. During 2011, BTT will offer integrated services – television, internet, fixed and mobile phones at full national coverage.