TT sell off piques telcos interest

25 Feb 2005

The planned sale of a 55% stake in Turk Telecom (TT) has piqued the interest of a number of international telecoms companies including TelecomItalia, Belgacom and Telefonica. Local conglomerates Koc Holding and the Haci Omer Group, as well as wireless operator Turkcell and media giant Dogan Sirketler, are also reported to have expressed an interest in acquiring the stake. Bidders have until 31 May to present final offers for the company.

Turkey, Proximus, Telecom Italia (TIM), Telefonica, Turk Telekom, Turkcell