Telecoms news from Turkey
Turkey based Turkcell has dropped a lawsuit it was filing in the USA claiming that South Africa's MTN used bribery to deprive it of its Iranian mobile network license. ...more.
Turkish mobile network operator, Turkcell has launched mobile payment in transportation for the first time in Turkey through the integration of Turkcell Wallet and Urfakart. ...more.
The Turkish government has confirmed that it is planning to sell a second stake in the dominant landline operator, Turk Telekom. ...more.
Three of Turkcell's directors have been sacked by the local stock market and replacements named after the company failed to nominate its own independent directors as required by stock market regulations. ...more.
The majority shareholder in Turkey's Turk Telekom is seeking a US$4.75 billion in fresh loans to refinance existing debt and make a payment to its shareholders. ...more.
Turkish mobile network operator, Turkcell has announced its kick-starting of the first local smartphone, codenamed "Gebze" ...more.
South Africa based MTN Group has issued an independent report into the allegations that it used bribery to secure an operating license in Iran - and concluded that the company did not do what it was alleged to have done. ...more.
One of the UK's highest courts has ruled that Russia's Altimo was right in seizing shares in the Turkish mobile network, Turkcell when a loan secured on those shares was not repaid. ...more.
Britain's Queen Elizabeth II is about to rule on a dispute that could decide the fate of a Turkish mobile network. ...more.
Turkey's Turk Telecom has announced the signing of loans totaling US$600 million with the China Development Bank. ...more.
Turkey's Turkcell has announced the successful completion of three m-ticketing trials for the Turkish Football Federation (TFF). ...more.
Moody's Investors Service has upgraded Turkey based Turkcell's debt ratings and said that the outlook is now stable. ...more.
Turkey based mobile network operator, Turkcell has reported that its third quarter revenues rose by 9 percent to TRY 2.75 billion, while net profits also rose, by 6 percent to TRY571 million. ...more.
Multinational MVNO, Virgin Mobile is reportedly in talks to secure an agreement to launch services in Turkey. ...more.
Nokia Siemens Networks says that it has won a contract to upgrade the GSM-R network for the Turkish State Railways, T.C. Devlet Demiryollari (TCDD) between Eskisehir and Ankara. ...more.
Turkey telecoms group, Turkcell has announced a 12.5% rise in its second-quarter revenues of TRY2.57 billion, while net profit improved to TRY534 million from a net loss of TRY21 million in the second quarter of 2011 ...more.
Huawei's local manager for the Caucasus and Central Asia operations made an odd observation recently, when he commented that "Turkish engineers are as hard-working as Chinese ones" ...more.
The European Bank for Reconstruction and Development (EBRD) is providing a EUR 100 million loan to Türk Telekomünikasyon to fund the expansion of broadband internet services in eastern regions of Turkey. ...more.
Turkish mobile network, Turkcell has again held a board meeting where its shareholders failed to agree to settle their dispute. ...more.
ZTE has announced what it says is the world's first SIM-based NFC mobile device to be used toll payments in Turkey. ...more.