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Turkcell buys rest of Ukraine's Life:) for USD 100 mln

2015-06-29 11:46:00| Telecompaper Headlines

(Telecompaper) Turkcell announced an agreement to buy the rest of Ukraine mobile operator Life:) for USD 100 million from its local partner SCM Holdings. Turkcell will buy the remaining 44.96 percent in the Netherlands-based holding company Euroasia owned by SCM. Euroasia owns 100 percent of Astelit, which operates under the Life:) brand in Ukraine. In addition to buying the rest of Astelit, Turkcell is settling Astelit's debts with SCM and providing a guarantee for up to USD 66 million in bank credit for Astelit. The acquisition of Astelit marks Turkcell's first major expansion abroad and the company said it will use Ukraine as a pilot operation for possible further expansion in the region. Life:) is the third-largest mobile operator in Ukraine, with around 10.3 million active customers at the end of March. Following its launch of 3G services earlier this month, it already has 2.3 million customers on the UMTS network. 

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Ukraine will be pilot market for international growth - Turkcell

2015-06-29 02:00:00| Total Telecom industry news

Turkish operator takes 100% ownership of Ukraine's Astelit, which operates as life:).

Tags: international market growth pilot

 
 

Turkcell taps TeliaSonera IPX for 4G roaming

2015-04-23 02:00:00| Total Telecom industry news

Turkish telco offers 4G roaming with 31 telcos in 29 countries despite not operating a 4G network of its own.

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Building On Its 4G Leadership, Turkcell Tests Enriched VoLTE

2015-04-21 08:05:49| wirelessdesignonline News Articles

Turkcell, Turkey’s leading telecommunications and technology company, has announced that it has tested enriched VoLTE in its 4G testing area in Istanbul. This lab test makes Turkcell the first and only Turkish operator to test Enriched VoLTE, and one of the few international technology companies to have done so.

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Turkcell Holds First Shareholder Meeting...

2015-03-27 00:26:32| Telecom - Topix.net

Turkcell Iletisim Hizmetleri AS on Thursday held its first shareholder meeting since 2011, with an imminent threat of regulatory takeover forcing major stakeholders to cooperate even as they continue to fight to control Turkey's biggest mobile-phone operator. In a statement, Turkcell said shareholders approved a dividend policy and the distribution of retroactive dividends for fiscal years 2010 through 2014.

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