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Turkcell confirms bid for TeliaSonera stake in Fintur

2016-02-29 12:22:00| Telecompaper Headlines

(Telecompaper) Turkcell announced that its board approved a binding offer for buying TeliaSonera's stake in their Eurasian joint venture Fintur. Fintur includes mobile operators in Kazakhstan (Kcell), Azerbaijan (Azercell), Moldova (Moldcell) and Georgia (Geocell) and is already 41.45 percent owned by Turkcell. The Turkish oeprator said it would make an offer for TeliaSoner'a 58.55 percent in Fintur and the 24 percent TeliaSonera holds directly in Kcell. The company did not disclose any financial details of the bid. TeliaSonera announced in September 2015 that it plans to exit the Eurasian markets in order to concentrate on its Nordic operations. 

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Turkcell submits binding bid for TeliaSonera Eurasia ops

2016-02-29 01:00:00| Total Telecom industry news

Turkish mobile operator aims to take control of Fintur and TeliaSonera's direct stake in Kazakhstan's Kcell.

Tags: bid binding ops submits

 
 

Turkcell to make offer for TeliaSonera's stake in Fintur

2015-11-26 14:00:00| Telecompaper Headlines

(Telecompaper) Turkcell said it plans to make a non-binding offer to buy the portion of TeliaSonera's 58.55 percent stake in Fintur Holdings. Turkcell holds 41.45 percent in Fintur, which controls the Moldcell, Azercell, Kcell and Geocell mobile operators from Moldova, Azerbaijan, Kazakhstan and Georgia. Turkcell intends to gain control of Fintur in 2016 "if all the negotiations go well," CEO Kaan Terzioglu told reporters on 17 November in Istanbul, according to Bloomberg. TeliaSonera said in September that it plans to exit Asia and ex-Soviet markets to focus on business in Europe and its home Nordic region. Other companies also showed their interest in acquiring TeliaSonera's stake in TeliaSonera and Turkcell's joint venture, a TeliaSonera spokesman said.

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Turkcell makes an offer for TeliaSonera ops

2015-11-26 01:00:00| Total Telecom industry news

Turkish mobile operator keen to take control of Fintur, but it is not the only interested party.

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Turkcell gets network kit loan from China

2015-09-30 02:00:00| Total Telecom industry news

Turkish mobile operator signs multimillion-euro financing agreement with China Development Bank.

Tags: china network kit loan

 

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