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Friday, July 01, 2005

$6.55B Bid Wins Turk Telekom Auction

"$6.55B Bid Wins Turk Telekom Auction

(07-01) 09:29 PDT ISTANBUL, Turkey (AP) --

Oger Telecoms of Saudi Arabia offered the top bid of $6.55 billion Friday for a majority stake in state-owned landline telecommunications company Turk Telekom in an auction by Turkey's privatization agency."

More:$6.55B Bid Wins Turk Telekom Auction