The CEO of the alternative telecom operator Max Telecom, Krasimir Stoichev, unveils for Profit.bg that the company is considering to launch shares on the local stock exchange. The final decision for the IPO is expected in the next 20 days. Max Telecom would seek EUR 10mn to EUR 12mn from the bourse to finance its investment programme. The company has invested a total of EUR 15mn in the WiMAX (Worldwide Interoperability for Microwave Access) network development and plans to invest at least the same amount this year. Max Telecom launched its WiMAX network in October providing its services to more than 30% of country’s total population at present. It plans to cover 90% of the population by the middle of this year. The company holds a point-to-multi-point licence granted in November 2005. Five other companies are also licensed to construct WiMAX networks – BTC, Cosmo Bulgaria Mobile (operating the second largest wireless grid GloBul), Trans Telecom, Nexcom and Carrier BG.