15 percent gov’t stake in Türk Telekom to go public

Posted by meb at April 28th, 2008

Türk Telekom, the country’s land line carrier monopoly, has announced that it will make a public offering of a 15 percent stake of its state-owned shares.

Privatization Administration (ÖİB) President Metin Kilci and Türk Telekom vice general managers Erem Demircan and Celalettin Dinçer held a press conference yesterday regarding the public offering. (more…)

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Internet subscribers exceed 5 mln in Turkey

Posted by meb at April 22nd, 2008

The number of Internet subscribers in Turkey has surpassed 5 million, according to Türk Telekom, Turkey’s largest provider of national and long-distance telecommunication services.

A written statement from Türk Telekom yesterday said the increase in the number of broadband subscribers was due to the investments by Türk Telekom in communications infrastructure around the country. (more…)

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Nokia extends reach into Turkish market

Posted by meb at April 21st, 2008

A major player in the mobile device sector, Nokia extends its reach into the depths of the Turkish market, as the company opened its 23rd Nokia shop in Ankara Friday. Nokia’s Turkey chief Imfred de Jong stated that they increased market share in Turkey to 39 percent, a figure greater than its share on the global market.
“I think that in first quarter we showed good year on year growth, we have 27 percent volume growth compared to same period last year. (more…)

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Turkcell to bid for Belarussian Telecommunication Network

Posted by meb at April 11th, 2008

Turkey’s GSM operator Turkcell will bid for state-owned Belarussian Telecommunication Network (BeST), the company said in a statement on Friday.

Turkcell wants to purchase majority shares of the Belorussian company.

Turkcell is the leading mobile communications provider in Turkey with 34.8 million postpaid and prepaid customers as of March 31st, 2007 operating in a three player market with a market share of approximately 59 percent as of March 31st, 2007 (Source: The Telecommunications Authority). Turkcell is one of the top three operators in Europe in subscriber base. (more…)

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Cell number portability to start in October

Posted by meb at April 4th, 2008

Number portability, which allows mobile users to switch to another mobile carrier without changing their cell phone number, will start in Turkey in October.

Telecommunications Board (TK) President Tayfun Acarer held a press conference yesterday on the institution’s plans for 2008. He said preliminary studies on number portability will be completed by the end of April and that they would give mobile providers six months to adapt to the new system. (more…)

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Vodafone launches foundation in Turkey

Posted by meb at March 26th, 2008

Vodafone announced plans to allocate YTL 3 million to charity throughout Turkey this year, through the newly established Vodafone Foundation Turkey.

Each year Vodafone Group donates 100 million British pounds to charities and NGOs around the world. Seventy million pounds are allocated to the 23 national foundations it has established in countries it operates in, while 30 million pounds are administered by the U.K. based Vodafone Foundation headquarters. (more…)

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Borusan targets record investment

Posted by meb at March 15th, 2008

Borusan Holding, operating in steel, distributorship, logistics and telecommunications, is preparing to make the largest investment in its history.

The company, which saw a $3 billion turnover with 28 percent growth in 2007, announced its decision to allocate $381 million in investments this year. Besides collaborating with the world’s leading steel company ArcelorMittal on hot rolling investment, Borusan will also invest in energy and logistics. (more…)

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4,843 newspapers and magazines published in Turkey in 2006

Posted by meb at March 15th, 2008

The Turkish Board of Statistics (TUIK) announced Friday that a total of 4,843 newspapers and magazines were published in Turkey in 2006.

Releasing its latest statistics on print media, TUIK said magazines constituted 57.1 percent of such figure. (more…)

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