Telecoms news from Turkey

Turkcell Drops $4.2 Billion Lawsuit Against MTN in the USA

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.

Turkcell Launches Mobile Payments for Public Transport Fares

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.

Turkish government Confirms Plans to Reduce Stake in Turk Telekom

The Turkish government has confirmed that it is planning to sell a second stake in the dominant landline operator, Turk Telekom. ...more.

Turkish Stock Market Regulator Forces New Directors onto Turkcell Board

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.

Turk Telekom Shareholder Seeking $4.75 Billion Loan

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.

Turkcell to Develop Own-Brand Smartphone

Turkish mobile network operator, Turkcell has announced its kick-starting of the first local smartphone, codenamed "Gebze" ...more.

MTN Says its Acquitted in Iran Bribery Allegations

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.

Mixed Verdict in Turkcell Shareholders Dispute

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.

British Monarch to Decide Fate of Turkish Mobile Network

Britain's Queen Elizabeth II is about to rule on a dispute that could decide the fate of a Turkish mobile network. ...more.

Chinese Bank Loan to Fund Huawei Sales to Turkish Network

Turkey's Turk Telecom has announced the signing of loans totaling US$600 million with the China Development Bank. ...more.

Turkcell Tests Mobile Tickets Service for Football Matches

Turkey's Turkcell has announced the successful completion of three m-ticketing trials for the Turkish Football Federation (TFF). ...more.

Turkcell Debt ratings Upgraded by Agency

Moody's Investors Service has upgraded Turkey based Turkcell's debt ratings and said that the outlook is now stable. ...more.

Turkcell Quarterly Revenues and Profits Post Rise

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.

Virgin Mobile in Talks to Launch Turkish MVNO

Multinational MVNO, Virgin Mobile is reportedly in talks to secure an agreement to launch services in Turkey. ...more.

Nokia Siemens Networks Upgrading Turkish GSM-R Network

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.

Turkcell Revenues Rise 12.5% and Profits Jump

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.

Turkish engineers are "working like Chinese" says Huawei Manager

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.

European Bank to Help Fund Internet Access in Rural Turkey

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.

Turkcell Board Meeting Abandoned After Major Shareholder Reuses to Attend

Turkish mobile network, Turkcell has again held a board meeting where its shareholders failed to agree to settle their dispute. ...more.

ZTE announces SIM-based NFC device that enables bank and toll payments in Turkey

ZTE has announced what it says is the world's first SIM-based NFC mobile device to be used toll payments in Turkey. ...more.