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Turk Telekomunikasyon AS (TTKOM.IS)

TTKOM.IS on Istanbul Stock Exchange

6.17TRY
11 Dec 2017
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Fri, Dec 8 2017

Turk Telekom CEO to take hard line on spending, focus on paying out dividends

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.

BRIEF-Turk Telekom decides to fully participate in share capital increase of unit Avea

* DECIDES TO FULLY PARTICIPATE IN SHARE CAPITAL INCREASE OF UNIT AVEA

Turk Telekom aims to hold IPO for Argela, other units -CEO

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.

BRIEF-Turk Telekom signs long-term loan agreement worth $100.0 mln with Bank Of America

* SIGNS LONG-TERM LOAN AGREEMENT WORTH OF USD 100.0 MILLION WITH BANK OF AMERICA

BRIEF-Turk Telekomunikasyon to establish venture capital company

* TO ESTABLISH VENTURE CAPITAL COMPANY TO SUPPORT STARTUP AND MIDDLE-SIZED ENTERPRISES IN ORDER TO CREATE VALUE FROM THEIR GROWTH

BRIEF-Turk Telekom Q3 net profit jumps to 293.5 million lira

* REPORTED ON TUESDAY Q3 REVENUE OF 4.53 BILLION LIRA VERSUS 4.112 BILLION LIRA YEAR AGO

UPDATE 1-Turkey to reject Saudi request for Turk Telekom debt extension -sources

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.

Turkey to reject Saudi request for Turk Telekom debt extension -sources

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.

UPDATE 1-Saudi Telecom asks banks for more time in Turk Telekom debt talks -sources

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.

Saudi Telecom asks banks to postpone deadline on Turk Telekom debt -sources

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.

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