Telecom Italia and Koc Holding discuss Turk Telecom acquisition

23 May 2005

According to a report from Reuters, Telecom Italia is deep in discussions with Koc Holding about forming a consortium to buy a 55% stake in Turk Telekom (TT). The deadline for the sale of TT has been postponed from 31 May to 24 June, with expressions of interest expected to be submitted two weeks earlier.

Turkey, Telecom Italia (TIM), Turk Telekom