Wednesday, April 18, 2007

CNews: Russian operators to turn Turkish partners on the meter

"Russian operators to turn Turkish partners on the meter

Telecom Business
April 18, 2007, Wed 00:00 AM Moscow

The Russian Altimo holding has demanded advanced repayment of the credit ($1,3bln) from its Turkish partner, the Turkcell operator (Cukurova financial-industrial group) fearing the latter to announce a default. Analysts do not rule out Altimo is thus trying to boost its share in Turkcell bypassing another shareholder – the Scandinavian TeliaSonera."

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