Latest news with #TurkTelekom
Zawya
9 hours ago
- Business
- Zawya
Turkcell seeks extension of licences to 2045, media says
ISTANBUL - Turkish mobile phone operator Turkcell has requested that its current licences be extended until 2045 and expects a 5G tender to be held this year, its Chief Executive Ali Taha Koc was reported on Tuesday as telling journalists. Koc was also cited as saying by the news website that if Turkey's current fibre infrastructure were sold off, the estimated valuation was $2.5 billion. "As Turkcell, we request that the current licences be extended until 2045 along with the 5G licence," he was quoted as saying, noting that 2G, 3G and 4G licences will expire in 2029. Turk Telekom owns and maintains 78% of Turkey's 577,000-kilometre (359,000-mile) national fibre network through a concession agreement that is set to expire in 2026. Last November, a senior official told Reuters that Turkey was considering adopting a unified fibre optic telecoms entity to expand its network, signalling it could create a separate manager for the expensive infrastructure investments, though no decision on this has been announced. "We need fibre optic cable infrastructure," Koc was reported as saying. "We have put bulk fibre infrastructure purchase as an option to move forward quickly, especially in 5G. Therefore, it is necessary to prepare the financing." "If the fibre cable infrastructure of the operator in question is put out to tender, a value of $2.5 billion could be possible," he added.
Reuters
9 hours ago
- Business
- Reuters
Turkcell seeks extension of licences to 2045, media says
ISTANBUL, June 17 (Reuters) - Turkish mobile phone operator Turkcell ( opens new tab has requested that its current licences be extended until 2045 and expects a 5G tender to be held this year, its Chief Executive Ali Taha Koc was reported on Tuesday as telling journalists. Koc was also cited as saying by the news website that if Turkey's current fibre infrastructure were sold off, the estimated valuation was $2.5 billion. "As Turkcell, we request that the current licences be extended until 2045 along with the 5G licence," he was quoted as saying, noting that 2G, 3G and 4G licences will expire in 2029. Turk Telekom ( opens new tab owns and maintains 78% of Turkey's 577,000-kilometre (359,000-mile) national fibre network through a concession agreement that is set to expire in 2026. Last November, a senior official told Reuters that Turkey was considering adopting a unified fibre optic telecoms entity to expand its network, signalling it could create a separate manager for the expensive infrastructure investments, though no decision on this has been announced. "We need fibre optic cable infrastructure," Koc was reported as saying. "We have put bulk fibre infrastructure purchase as an option to move forward quickly, especially in 5G. Therefore, it is necessary to prepare the financing." "If the fibre cable infrastructure of the operator in question is put out to tender, a value of $2.5 billion could be possible," he added.
USA Today
07-06-2025
- Sport
- USA Today
Penn State's latest European import brings needed versatility to basketball roster
Penn State's latest European import brings needed versatility to basketball roster Penn State adds versatile European import to basketball roster Penn State men's basketball head coach Mike Rhoades has been busy trying to fill out his roster for the upcoming college basketball season. On Friday, he officially added a European import with the signing of Melih Tunca from Turkey. Tunca is a six-foot guard who is regarded as one of the top professional players in Turkey. He is coming off a 2024-25 season in which he was named the Young Player of the Regular Season with Turk Telekom in the Turkish Basketball Super League. He averaged 6.7 points per game and 2.2 assists per game in 30 games played last season. "Melih is a versatile guard we are excited to have in our family,: Rhoades said in a released statement on Friday. "He has size and length that we love, with the ability to make plays and shots. Melih really fits our style of play on both ends. " Rhoades will hope to rely on Tunca's versatility and experience as he puts together a roster with a number of holes to fill after some roster turnover from last season. Penn State is set to welcome six freshmen to the roster this season in addition to some transfer additions like Josh Reed from Cincinnati. "His vast international playing experience will have him ready to impact our program,' Rhoades said of Tunca. It will certainly be needed. Penn State is coming off a 16-15 season that ended without a postseason tournament appearance. The Nittany Lions went just 6-14 in Big Ten play and failed to be included in the Big Ten men's basketball tournament.
