Turk Telekom Places Binding Bids to Buy Cosmo Bulgaria, Germanos Telecom
April 18 2013 - 6:01AM
Dow Jones News
By Yeliz Candemir
ISTANBUL--Turk Telekomunikasyon AS (TTKOM.IS) said Thursday that
it has placed binding bids to buy Cosmo Bulgaria Mobile EAD and
Germanos Telecom Bulgaria AD as part of its regional expansion
strategy.
Turk Telekom, which is controlled by Dubai-based Oger Telecom,
didn't provide further details in its statement to the Istanbul
Stock Exchange.
At 0910 GMT, Turk Telekom shares were trading 0.25% lower at
TRY8.06, amid a wider Istanbul market that is 0.2% down.
Write to Yeliz Candemir at yeliz.candemir@dowjones.com
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