Turkcell has announced that it will bid in the tender for mobile phone licenses in Iraq as part of an unnamed consortium. The decision was made at a management board meeting on Wednesday, August 20, reported the Istanbul Stock Exchange.
Iraq's mobile phone industry is set to trigger heated competition among telecom infrastructure suppliers and service providers. International telecom companies have submitted bids for three mobile licenses issued by the US-led Coalition Provisional Authority (CPA) to operate networks in the north, center, and south of the country. The results are forecasted to be released in September.
Turkcell, Turkey 's first mobile operator, was formed in 1993 and commenced operations in 1994 under a revenue sharing agreement with Türk Telekom, the state-owned fixed-line network operator. Since the beginning of operations, Turkcell has invested more than $3.5 billion including license fee for network infrastructure. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
