TURKISH GSM TURKCELL TO SUBMIT BID FOR LIBYAN SERVICES

ISTANBUL, July 14;

A Turkish GSM operator will submit bids for Libyan communication services, a company statement said on Monday.

Turkey‘s Turkcell GSM operator will join a licence tender for landline and mobile telecommunication services in Libya.

The company decided on July 10 to submit bids for the tenders. Turkcell defined Libya, with a population of almost seven million, as a stable macro-economic medium with US$15,000 of high income per capita, and a good opportunity for entering the North African market.

GSM-based mobile communication started in Turkey when Turkcell started its operations in February 1994. Turkcell signed a 25-year GSM license contract on April 27, 1998 with the Ministry of Transportation of Turkey. Since then, it has continuously increased the variety of its services based on mobile audio and data communication, its quality levels and as a result, number of subscribers.

As of December 31, 2008, Turkcell has made US$7.7 billion worth of investment in Turkey. Again as of December 31, 2008, with its 37 million subscribers, Turkcell is not only the leading operator in Turkey, but is also the third biggest GSM operator in Europe in terms of number of subscribers. Turkcell’s shares have been traded on Istanbul Stock Exchange (IMKB) and New York Stock Exchange (NYSE) since July 11, 2000 and it is the first and only Turkish company ever to be listed on NYSE.

TURKISH GSM TURKCELL TO SUBMIT BID FOR LIBYAN SERVICES

ISTANBUL, July 14;

A Turkish GSM operator will submit bids for Libyan communication services, a company statement said on Monday.

Turkey‘s Turkcell GSM operator will join a licence tender for landline and mobile telecommunication services in Libya.

The company decided on July 10 to submit bids for the tenders. Turkcell defined Libya, with a population of almost seven million, as a stable macro-economic medium with US$15,000 of high income per capita, and a good opportunity for entering the North African market.

GSM-based mobile communication started in Turkey when Turkcell started its operations in February 1994. Turkcell signed a 25-year GSM license contract on April 27, 1998 with the Ministry of Transportation of Turkey. Since then, it has continuously increased the variety of its services based on mobile audio and data communication, its quality levels and as a result, number of subscribers.

As of December 31, 2008, Turkcell has made US$7.7 billion worth of investment in Turkey. Again as of December 31, 2008, with its 37 million subscribers, Turkcell is not only the leading operator in Turkey, but is also the third biggest GSM operator in Europe in terms of number of subscribers. Turkcell’s shares have been traded on Istanbul Stock Exchange (IMKB) and New York Stock Exchange (NYSE) since July 11, 2000 and it is the first and only Turkish company ever to be listed on NYSE.