"CanWest partner buying two Turkish radio stations
2006-02-07 11:58:00
WINNIPEG (CP) - CanWest Global Communications Corp. (TSX:CGS.SV) says its Turkish partner, Turkcom Iletisim Hizmetleri A.S., will acquire two radio stations in that country for $5 million US.
The acquisitions involve Joy FM and Joy Turk FM, which serve Istanbul, Turkey's largest city. CanWest said Tuesday its wholly-owned subsidiary has signed deals with Turkcom to provide operational, sales and advisory services to the two stations on fee-for-service bases once the acquisitions are complete."
More:CANOE Money: Sectors - CanWest partner buying two Turkish radio stations