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Netas Telekomunikasyon AS (NETAS.IS)

NETAS.IS on Istanbul Stock Exchange

14.61TRY
7 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Netas signs 3 cooperation protocols with ZTE Corporation
Wednesday, 29 Nov 2017 09:21am EST 

Nov 29 (Reuters) - NETAS TELEKOMUNIKASYON ::SIGNS THREE COOPERATION PROTOCOLS WITH ZTE CORPORATION .TO JOINTLY OPEN GSM-R CENTER OF EXCELLENCE TO CONDUCT R&D WORK ABOUT WIRELESS BROADBAND COMMUNICATION FOR RAILWAYS .TO PROVIDE MAINTENANCE AND SUPPORT SERVICES FOR ZTE PRODUCTS IN EUROPE, MIDDLE EAST AND AFRICA .TO PROVIDE ALL PRODUCT AND SERVICE TRAININGS TO CUSTOMERS AND EMPLOYEES OF ZTE IN EUROPE, MIDDLE EAST, AFRICA AND CENTRAL ASIA THROUGH NETAS ACADEMY .  Full Article

Netas Telekom Q3 net loss narrows to 4.1 million lira
Thursday, 9 Nov 2017 10:21am EST 

Nov 9 (Reuters) - NETAS TELEKOM ::Q3 NET LOSS OF 4.1 MILLION LIRA VERSUS NET LOSS OF 5.8 MILLION LIRA YEAR AGO.Q3 REVENUE OF 195.0 MILLION LIRA VERSUS 201.7 MILLION LIRA YEAR AGO.  Full Article

Netas Q2 net profit up at 6.6 mln lira
Friday, 18 Aug 2017 02:43am EDT 

Aug 18 (Reuters) - NETAS TELEKOMUNIKASYON ::REPORTED ON THURSDAY Q2 REVENUE OF 325.4 MILLION LIRA VERSUS 248.6 MILLION LIRA YEAR AGO.Q2 NET PROFIT OF 6.6 MILLION LIRA VERSUS 5.4 MILLION LIRA YEAR AGO.  Full Article

ZTE applies to CMB for mandatory offer in Netas- KAP
Monday, 7 Aug 2017 06:51am EDT 

Aug 7 (Reuters) - PUBLIC DISCLOSURE PLATFORM (KAP)::ZTE COOPERATIVE U.A APPLIES TO TURKEY'S CAPITAL MARKETS BOARD (CMB)FOR MANDATORY TAKEOVER OFFER.ZTE ACQUIRED 48.04 PERCENT IN NETAS FROM ONE EQUITY PARTNERS (OEP) IN A $101.3 MILLION DEAL THAT COMPLETED ON JULY 28.  Full Article

ZTE says competition board of Turkey approved acquisition of stake in Neta
Sunday, 7 May 2017 08:07pm EDT 

May 8 (Reuters) - Zte Corp <000063.SZ>:Refers to acquisition of 48.04% equity interests in neta telekomünkasyon, a listed Turkish company.As of May 8, transaction has been approved by competition board of Turkey.  Full Article

Netas Q1 net result turns to profit 777,879 lira
Friday, 5 May 2017 11:15am EDT 

May 5 (Reuters) - Netas Telekom ::Q1 net profit of 777,879 lira ($219,250.54) versus net loss of 1.8 million lira year ago.Q1 revenue of 167.9 million lira versus 204.5 million lira year ago.  Full Article

Netas Telekom proposes not to pay dividend for FY 2016
Tuesday, 4 Apr 2017 01:20am EDT 

Netas Telekom :Proposes not to pay dividend for FY 2016.  Full Article

OEP votes against the appointment of Netas board members as the share transfer was not completed-KAP
Friday, 3 Mar 2017 06:39am EST 

OEP Turkey Tech B.V. : OEP says votes against the appointment of Netas board members nominated for purpose replacing of some of the current members during the general assembly meeting dated March 3 as the share transfer was not completed . On 6 Dec 2016. It was announced that a share purchase agreement for the transfer of shares representing 48.04 pct of Netas has been executed between Netas's shareholder OEP and ZTE cooperation U.A. (ZTE) and agreed share purchase price shall be paid at the date of completion share transfer .I has also been announced that on Dec. 30, 2016 the Competition Board approval, which was required for completion of share transfer in accordance with agreement between OPE and ZTE, was granted.  Full Article

Netas Telekom FY 2016 net profit down at 18.7 million lira
Wednesday, 1 Mar 2017 10:15am EST 

Netas Telekom : FY 2016 net profit of 18.7 million lira ($5.10 million) versus 34.3 million lira year ago .FY 2016 revenue of 969.8 million lira versus 1.01 billion lira year ago.  Full Article

ULAK project of Netas, Aselsan and Argela consortium receives first orders
Tuesday, 28 Feb 2017 01:50am EST 

Netas Telekomunikasyon : ULAK project carried out by Netas Telekomunikasyon, Aselsan and Argela consortium takes its first orders . Takes 250 base stations order from each of the 3 telecom operators in Turkey .ULAK project aims to reduce external dependence in mobile communication technologies by development of national software and hardware components for 4.5G communication.  Full Article

BRIEF-Netas signs 3 cooperation protocols with ZTE Corporation

* TO JOINTLY OPEN GSM-R CENTER OF EXCELLENCE TO CONDUCT R&D WORK ABOUT WIRELESS BROADBAND COMMUNICATION FOR RAILWAYS