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Telia completes sale of Turkcell stake

Friday 23 October 2020 | 12:35 CET | News
Telia Company has formally declared the completion of the sale of its 47.1 percent stake in Turkcell Holding, which owned 51 percent of listed company Turkcell Iletism Hizmetleri, to the state-owned Turkey Wealth Fund. The transaction had been announced on 17 June this year and has now been completed after fulfilment of every regulatory and other condition. This concludes Telia's exit from Turkey and includes a full and global settlement of all shareholder disputes and litigations connected to Turkcell and Turkcell Holding.

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Categories: Mobile & Wireless
Companies: Telia / Turkcell
Countries: Turkey
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