Sunday, 23 July 2017

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…

Please login or register to view this content

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry