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Turkcell, Vodafone, others working on Turkey fixed broadband JV

2016-07-28 02:00:00| Total Telecom industry news

Operators aim to reduce duplication in ultrafast broadband rollout in Turkey; venture open to other parties.

Turkcell plans overseas expansion to beat lower local sales

2016-07-01 14:22:00| Telecompaper Headlines

(Telecompaper) Turkish mobile phone operator Turkcell plans to expand outside Turkey to compensate for slowing growth in its home market, writes The Wall-Street Journal citing CEO Kaan Terzioglu. He was speaking during an interview. Revenue growth slowed to 7.4 percent in the past years from 22 percent in the decade after its IPO in 2000. The operator aims to boost revenues by expanding to North Africa, Eastern Europe, the Middle East and Central Asia, Terzioglu said. At present, 91 percent of the operator's revenue comes from its domestic market. But while Terzioglu projects 10 percent annual growth in Turkey in the next three years, he said acquisitions abroad would shrink domestic contribution to total revenue to 60 percent. The remaining 40 percent are expected to come from growing international sales which currently sit at 7 percent, Turkcell's CEO said.

Tags: local sales lower plans

Ericsson and Turkcell demonstrate live sports streaming over LTE Broadcast

2016-05-17 11:00:11| Digital TV News

Ericsson (NASDAQ: ERIC) and Turkcell have delivered the first immersive live streaming mobile experience over LTE Broadcast in Turkey. This took place during a derby between Fenerbahce and Galatasaray Odeabank, two of Istanbul's biggest basketball teams.

Tags: sports live demonstrate broadcast

Turkcell plans IPO of Global Tower

2016-05-02 13:34:00| Telecompaper Headlines

(Telecompaper) Turkcell's board of directors had approved an initial public offering of shares in Kule Hizmet ve Isletmecilik (Global Tower). Turkcell owns 100 percent of the company, started in 2006 and operator of telecom and broadcasting towers throughout Turkey. Global Tower claims to be the third-largest towers and infrastructure operator in Europe. Turkcell said it will amend the existing articles of association of Global Tower and start the regulatory procedures for listing the company. Further details of the IPO were not disclosed.

Tags: global plans tower ipo