Tuesday, 21 August 2018

Turk Telekom moves for sole ownership of Avea

By Mary Lennighan, Total Telecom
Wednesday 22 April 15

Turkish telco posts 93% decline in net profit in Q1, but revenues and EBITDA grow.

Turk Telekom on Wednesday revealed that it has made a bid to take sole control of mobile unit Avea, and at the same time presented a set of first quarter results that showed revenue and EBITDA growth, but pressure on the bottom line. The Turkish telco owns 89.99% of Avea and has submitted a non-binding offer for the remaining 10…

Turk Telekom on Wednesday revealed that it has made a bid to take sole control of mobile unit Avea, and at the same time presented a set of first quarter results that showed revenue and EBITDA growth, but pressure on the bottom line. The Turkish telco owns 89.99% of Avea and has submitted a non-binding offer for the remaining 10…

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