Turkish Business Club

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Rabia Rahimbayeva Group moderator Ambassador
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Turk Telekom Buys Telecom Giant "Invitel International"
Turk Telekom (Türk Telekomünikasyon A.Ş.) signed an agreement to purchase Invitel's international wholesale business. Turk Telekom signed share purchase agreement with Invitel Holdings A/S to acquire 100 percent of the shares of Invitel International for 221 million euro.

Invitel International is one of leading service providers of Central and Southeastern Europe with its 27,000 km optical fiber network in 16 countries.
Turk Telekom, which is about to be an important geographical contact center, seeks to strengthen its position with this deal and develop its data operations unit.

Source: Milliyet
- 18 May 2010, 3:03 pm
Rabia Rahimbayeva wrote: > Turk Telekom (Türk Telekomünikasyon A.Ş.) signed an agreement to > purchase Invitel's international wholesale business. Turk Telekom > signed share purchase agreement with Invitel Holdings A/S to acquire > 100 percent of the shares of Invitel International for 221 million > euro. > > Invitel International is one of leading service providers of Central > and Southeastern Europe with its 27,000 km optical fiber network in > 16 countries. > Turk Telekom, which is about to be an important geographical contact > center, seeks to strengthen its position with this deal and develop > its data operations unit. > > Source: Milliyet