Friday, April 25, 2008

Turkish communications captured by Russians

"Turkish communications captured by Russians

April 25, 2008, Fri 10:55 AM Telecom Business

The Russian communications companies have practically won the struggle for Turkcell, the Turkish largest mobile operators: the Caribbean Court has acknowledged the Alfa Group’s right for a stake in the Turkcell owned by the Turkish Cukurova Group. But analysts believe without TeliaSonera’s support, which is the other Turkcell’s shareholder, the Russian company will not be able to exert control over the Turkish communications company."

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