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.
The Turkish mobile company Turkcell has issued a statement denying reports that it decided to bid $1.4 billion (€1.06 billion) for the Bulgarian telco Vivacom (BTC).
Telekom Austria and Turkcell are both interested in buying the Bulgarian incumbent telco BTC, which operates under the brand name Vivacom and includes a DTH platform named Vivacom TV among its interest.