Articles tagged with: Turkcell and Telekom

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, Belarus

Turkcell Buys Controlling Stake in Belarus Mobile Operator

Turkey's turkcell has announced that it is buying an 80% stake in Belarusian Telecommunications Network (BeST) for US$500 million with a potential US$100 million when the company breaks into profit. The payment is expected to be realized in 3 tranches of which US$300 million is expected to be paid on the closing date, which is expected to be 30 days after the signature date and additional US$100 million tranches are expected to be paid on December 31, 2009 and 2010 respectively. The additional payment of US$100 million is to be made when BeST records a full-year positive net income for the first time.  more

Related Tags: capex, telekom-austria, 3, Belarus