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Articles tagged with: Turkcell
Turkcell Quarterly Profits Down 31%
Turkish telco, turkcell has reported a drop of 3.7% in its 3rd quarter revenues compared to last year to TRY2.37 billion (US$1.6 billion). Compared to last year, revenue was negatively impacted by decreasing revenues from outgoing calls and the declining contribution of the groups consolidated subsidiaries, particularly Astelit and Inteltek. Group EBITDA dropped to TRY813.7 million (US$550 million) from TRY1,001.8 million a year ago. more
Related Tags: broadband, Turkey
Megafon and Turkcell to be Merged into Single Holding Company
There is to be further tidying up of the often complex Russian-Nordic telecoms investments, after TeliaSonera and Altimo agreed to merge their respective direct and indirect interests in turkcell and Megafon, into a new company. The new company will be established in a western jurisdiction and listed on the New York Stock Exchange. more
Related Tags: teliasonera, altimo, megafon, new-york, Russia
Turk Telecom Wins $187 Million Award Against Turk Telecom
In a brief note, Turk Telecom says that it has been awarded 279.2 million lire (US$187.2 million) by the Ankara Commercial Court against turkcell. more
Related Tags: turk-telecom, Turkey
Turkish Operator Tests Adverts for Airtime Service
Turkish mobile network operator, turkcell says that it has completed the trial of a mobile advertising system that displayed a full-screen advert on the handset after each phone call. The trial was available to a select group of turkcell customers, allowing them to participate in the trial for a period of four weeks in exchange for free airtime. more
Related Tags: mobile-advertising, myscreen-mobile, Turkey
Court Orders Sale of Turkcell Stake to TeliaSonera for $3.1 Billion
TeliaSonera has won a legal ruling forcing Turkish holding company, Cukurova to sell its stake in turkcell Holding to TeliaSonera for a cash consideration of US$3.1 billion. TeliaSonera says that it now intends to enforce the award against Cukurova in Turkey. If the shares are not delivered, TeliaSonera will demand damages from Cukurova in the amount of US$1.8 billion, which is the value for TeliaSonera of a lost transaction as determined by the arbitration tribunal. more
Related Tags: teliasonera, cukurova, altimo, Turkey
Turkcell Profits Down on Ukraine Problems
turkcell Group has reported that its second-quarter revenues grew by 1.1% to TRY2,204 million, mainly driven by turkcell Turkey's strong operational performance. However, the Ukrainian operation Astelit and the betting business Inteltek reported weaker results. Astelit was negatively impacted by a GDP drop in Ukraine of 20% and by devaluation. more
Related Tags: Turkey
Downturn Could Stall Appetite for Turkish 3G Services
Fitch Ratings says that the impact of the current economic downturn could stall Turkish consumer demand for new 3G phone services despite industry expectations that it will significantly boost data revenues and result in overall increases in average revenue per user (ARPUs). more
Related Tags: 3g, fitch-ratings, base, three, Turkey
Turkcell Announces 3G Launch Plans
Turkish mobile network operator, turkcell has outlined the launch plans for its 3G network due tomorrow (30th June) with a range of new tariffs and offers. more
Related Tags: 3g, call-center, three, Turkey
ZTE Wins 3G Contract in Belarus
China's ZTE has won a contract to build a 3G network in Belarus for the Byelorussian Telecommunication Network (BeST). The UMTS network will serve mobile service operator life:), the trading name for BeST. more
Related Tags: zte, byelorussian-telecommunication-network, 3g, umts, telekom, Belarus
Turkcell selects Alcatel-Lucent for "All IP" 3G transmission network in Turkey
Turkish operator, turkcell has ordered an IP/MPLS solution from Alcatel-Lucent to support its migration to an all-IP transmission network. The deployment is due to be completed in a few months. more
Related Tags: alcatel-lucent, bandwidth, Turkey