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home / news releases / TKC - Telia: Effects Of Finally Exiting Turkey


TKC - Telia: Effects Of Finally Exiting Turkey

On Tuesday, June 16, 2020, Swedish telecommunications giant Telia Company AB (OTCPK:TLSNF) announced that it is in talks to divest its stake in Turkish mobile network operator Turkcell Iletsim Hizmetler A.S. (TKC) for $530 million. The Turkish sovereign wealth fund agreed to this deal the next day. This is something that has been expected for quite some time as Telia has been in the process of withdrawing from all of its operations outside of the Nordic and Baltic regions for quite some time. In addition, Turkcell has quite frequently been a

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Stock Information

Company Name: Turkcell Iletisim Hizmetleri AS
Stock Symbol: TKC
Market: NYSE
Website: turkcell.com.tr

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