According to Bulgarian news source Novinte, the cable company advertised an offering of over 150 channels, when in actuality only 112 were in the package.
Blizoo (www.blizoo.bg) was formed from a merger of the country's two major cable operators in 2010. The fine is said to equal 0.03% of the company's 2010 profits, although the fine could have been as high as 2% of annual profits.