Turk Telekom sees 5%-7% rise in consolidated revenue in 2013

Turk Telekomunikasyon AS said late Thursday it expects consolidated revenue to increase by 5%-7% in 2013 compared with the previous year.

The company expects its consolidated earnings before interest, tax, depreciation and amortization, or EBITDA to reach TRY5.1 billion-TRY5.3 billion ($2.87 billion-$2.99 billion) in 2013 and consolidated investment spending to be