Turk Telekomunikasyon AS (TTKOM.IS)
11 Dec 2017
Fri, Dec 8 2017
ISTANBUL Turk Telekom has no plans to take on new debt and aims to keep capex spending to a minimum under a new five-year strategy, its chief executive told Reuters, as it focuses on paying out dividends.
* DECIDES TO FULLY PARTICIPATE IN SHARE CAPITAL INCREASE OF UNIT AVEA
ISTANBUL, Dec 6 Turkish fixed-line operator Turk Telekom aims to hold initial public offerings for subsidiaries such as Argela as well as other firms it will invest in, the company's chief executive, Paul Doany, said on Wednesday.
* SIGNS LONG-TERM LOAN AGREEMENT WORTH OF USD 100.0 MILLION WITH BANK OF AMERICA
* TO ESTABLISH VENTURE CAPITAL COMPANY TO SUPPORT STARTUP AND MIDDLE-SIZED ENTERPRISES IN ORDER TO CREATE VALUE FROM THEIR GROWTH
* REPORTED ON TUESDAY Q3 REVENUE OF 4.53 BILLION LIRA VERSUS 4.112 BILLION LIRA YEAR AGO
ANKARA/ISTANBUL, Oct 20 Turkey's Treasury will not grant a request from Saudi shareholders in Turk Telekom to extend a deadline in debt talks, two people familiar with the matter said.
ANKARA/ISTANBUL, Oct 20 Turkey's Treasury will not grant a request from Saudi shareholders in Turk Telekom to extend a deadline in on-going debt talks, two people familiar with the matter told Reuters.
ANKARA, Oct 2 Saudi Telecom Company (STC) has asked banks to extend a payment deadline in debt talks related to Turk Telekom, the Turkish fixed-line telecoms company in which STC is interested in buying a stake, sources close to the matter said.
ANKARA, Oct 2 Saudi Telecom Company has asked banks to extend a payment deadline in debt talks related to Turk Telekom, sources said, after the Turkish firm's parent missed its third straight repayment on a $4.75 billion loan.