Turkcell İletişim

OpenCalais Metadata: Ticker

TCELL

OpenCalais Metadata: LegalName

TURKCELL İLETİŞİM HİZMETLERİ ANONİM ŞİRKETİ

Telia sells $508M Turkcell stake to focus on Nordics

Scandinavian Telia AB has sold about 1.78 billion Turkish liras ($508 million) worth of stock in Turkey's largest mobile operator,  Turkcell İletişim,  in order to focus on its operations in the Nordics and Baltics.

Stockholm-based Telia agreed to sell 153.5 million Turkcell shares - its 7 percent direct stake - to institutional investors, the company said in a statement on Sept 19.