TeliaSonera is to increase the focus on its Regions Europe and Sweden operations. At the same time, it has decided to reduce its presence in the Region Eurasia operation and over time leave the region.
Turkcell’s platform Turkcell TV+ gained 40,000 subscribers in Q1 to reach around 100,000 in the first six months since its launch as an expanded service.
Alfa Telecom has made an offer of $2.8 billion to buy back a 13.8% stake in Turkcell.
The battle for control of Turkcell appears to be almost over, with the two shareholders – Turkey’s Çukurova Holding and Russia’s Alfa – finally reaching an agreement in a long-running legal dispute.
The UK’s Privy Council has given Turkey’s Çukurova Holding until July 30 to pay around $1.6 billion to the Alfa Group to recover its stake in Turkcell.
The UK’s Privy Council has dismissed an appeal by the Cukurova Group in its dispute over the ownership of Turkcell.
Turkey’s Cukurova Group will have to wait a little longer before it regains control of Turkcell.
Turkey’s Cukurova Group has received another boost in its attempt to regain control of Turkcell.
TeliaSonera has strongly criticised plans by the Turkish government to effectively take over the running of Turkcell.
Turkey’s Cukurova Group has won a significant victory in its attempt to regain control of Turkcell following a ruling by the UK Privy Council.