BROWSING: Turkcell

HELSINKI, Finland—Sonera said it reached a deal with other shareholders of the Dutch holding company Fintur Holdings that will allow Sonera to increase its stake in the GSM businesses of the group.Cukurova Group holds 39.69 percent of Fintur, Sonera has a 35.31-percent stake and...

HELSINKI, Finland—Sonera said it reached a deal with other shareholders of the Dutch holding company Fintur Holdings B.V. that will allow Sonera to increase its stake in the GSM businesses of the group.Cukurova Group holds 39.69 percent of Fintur, Sonera has a 35.31-percent stake...

KIEV, Ukraine-Ukraine has witnessed a wireless market boom during the past 18 months, with the number of subscribers jumping from 300,000 to 1.35 million and GSM taking a firm lead among other technologies. The country's wireless penetration during the past six months increased from...

ISTANBUL, Turkey—Turkish mobile carrier Turkcell today said it will launch its new mobile Internet service, SurfCell for WAP and General Packet Radio Service (GPRS) users.Users will be able to access Internet sites through either Turkcell's WAP page or by entering the address on their...

LONDON—Turkey's newest mobile-phone operator, Aycell, has announced it will be technically operational later this month.Aycell, which is run by state-run telephone carrier Turk Telekom, issued a statement announcing that its infrastructure installation will be complete by 22 August across seven Turkish provinces. The statement...

LAS VEGAS-Sonera's zed portal service won a major victory last week as wireless carrier Vodafone U.K. adopted the services for use in the United Kingdom. Vodafone Group plc offers its own portal service to carriers in conjunction with Vivendi, called Vizzavi, and the carrier...

ISTANBUL, Turkey-Turkcell, a mobile communications services provider in turkey that serves 10.1 million subscribers, introduced a new tariff package called "Super On Net."The company said the new tariffs are aimed at continuing subscriber growth, encouraging subscriber loyalty with discounts on Turkcell-to-Turkcell calls and increasing...

AlcatelEgypt. With MobiNil for an extension of its GSM network.Value: US$37.1 millionFrance. With Cegetel for the supply of a UMTS network.Value: UndisclosedEricssonCanada. With Rogers AT&T Wireless for a 3G network, including a complete GSM/GPRS network infrastructure and migrating the network to EDGE and UMTS.Value: UndisclosedPortugal. With Optimus...

NEW YORK-A U.S. class action lawsuit was filed last week against Turkish cell-phone operator Turkcell. The lawsuit was commenced on behalf of all persons or entities purchasing Turkcell Iletisim Hizmetler A.S. American Depository Shares from July 10 to Sept. 21.Turkcell, Turkey's dominant cell-phone operator...

EricssonCanada. With Microcell Connexions for a GPRS network.Value: UndisclosedChina. With China Unicom for GSM expansions in Jilin, Sichuan, Jiangsu, Anhui and Hubei provinces.Value: US$176 millionLaos. With Lao Telecommunications Co. for GSM switching.Value: US$1.2 millionMexico. With Pegaso forCDMA equipment for its PCS network.Value: US$200 millionTurkey. With Turkcell for a...

NEW YORK-In November and December, Sonera zed U.S. Inc. "will dip its big toe into the waters of mobile commerce to see if they're warm," and it plans user trials by next spring, said J. Paul Hughes, vice president of business development."There are a...

NEW YORK-Turkcell Iletisim Hizmetleri A.S., the largest of Turkey's two operating Global System for Mobile communications carriers, raised about $1.9 billion in its initial public offering last week.Goldman Sachs International and Morgan Stanley Dean Witter were joint global coordinators for the sale, which comprised...

MexicoFour Mexican wireless telephone operators-Baja Cellular, Movitel, Norcel and Cedetel-signed a $66 million expansion contract with Motorola Inc. to provide an end-to-end Code Division Multiple Access network solution. The contract calls for $46 million in infrastructure expansion, including SC4812T base transceiver stations, controllers and...

ISTANBUL, Turkey-All four consortia vying for Turkey's fourth Global System for Mobile communications license withdrew from the auction without bidding. A company owned by Telecom Italia and Turkey's Isbank grabbed the third license for US$2.52 billion last week.The third license bid was nearly double...

Turkcell Iletisim Hizmetleri A.S., the largest of Turkey's two Global System for Mobile communications operators, is planning a $200 million debt issue to finance continued expansion of its network and future introduction of wireless data and Internet access services.By the end of November, Istanbul-based...

GreecePanafon and France Telecom announced recently they are holding discussions regarding a possible offering or an issue of an exchangeable bond by France Telecom of all or part of its remaining 20-percent equity stake in Panafon. France Telecom sold a 15-percent stake in November...

AlcatelArgentina. With Telecom Argentina for a fixed wireless access network.Value: US$99.6 millionEricssonArgentina. With Unif

STOCKHOLM-Ericsson Inc. said Turkish telecommunications operator Turkcell signed an agreement for Ericsson's WISE high-speed Internet solution, a five-component system designed to provide fast connections from a Global System for Mobile communications network to the Internet, and to maximize the throughput of datacom services.Implementation will...

HELSINKI-Finnish telecommunications operator Sonera posted profits before taxes and extraordinary items of $238.9 million (EUR224 million), a 19-percent increase over the same period in 1998. Its earnings per share were 25 cents, up from 20 cents per share for the first half of last...

NEW YORK-Turkcell, the largest Global System for Mobile Communications operator in Turkey, said June 8 it has asked the U.S. Securities and Exchange Commission for permission to go public later this year in the United States."We have just applied for an to the...

Reuters reported the Turkish Transport Minister said the country plans to offer two new Global System for Mobile communications licenses at 1800 MHz to complement the existing GSM 900 MHz licenses in operation.One of the licenses will be the subject of an international tender...

"If we delivered the same quality as in the U.K. or Germany, we would have zero subscribers in two weeks," said Hakan Uzan, chief executive officer of Turkey's second GSM network operator, Telsim.Speaking in Istanbul at the recent announcement of a US$500 million infrastructure...

NEW YORK-The United States, where high-yield bond issuance originated, for many years has been the hotbed of this important kind of financing, even for telecommunications and other corporate issuers outside its borders.During the first five months of this year, however, Western Europe burst into...

Brightpoint Inc. announced it extended for three years its agreement with Esat Digifone, a Global System for Mobile communications operator based in Dublin, Ireland. Brightpoint supplies Esat fulfillment and distribution services and wireless handsets and accessories from its new Dublin facility, said the company.The...