VTP Incoms OOD-Sofia was selected by the Supervisory Board of the Privatization Agency as the exclusive buyer of 75% of the shares in the Incoms Telecom Holding. According to the Privatization Agency, VTP's offer was by far better than the offer made by the second bidder, Incoms 2000. VTP Incoms is buying 75% of the shares in Incoms Telecom Holding and between 29 and 34% in three companies within the structure of the holding. According to the terms of the privatization contract, the buyer will pay a total of USD 6.29 million for the whole package. Half of the amount will be paid in cash up-front and the rest will be paid in other instruments within 30 days after the deal is finalised. The buyer assumed commitments to invest USD 11.5 million in three years and to increase the number of the employees by almost 60%