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Wednesday, July 01, 2009

Turkcell signs $285 mln loan to invest in 3G | Markets | Markets News | Reuters

"Turkcell signs $285 mln loan to invest in 3G

* Turkcell signs $285 million loan deal * Loan will pay for 2G and 3G infrastructure * Turkcell to purchase equipment from Ericsson

ISTANBUL, July 1 (Reuters) - Turkcell (TCELL.IS) (TKC.N), Turkey's biggest mobile-phone operator, said on Wednesday it has signed a loan deal for $285 million to invest in second- and third-generation technology from Sweden's Ericsson (ERICb.ST)."

More:UPDATE 1-Turkcell signs $285 mln loan to invest in 3G | Markets | Markets News | Reuters