TTNET

Türk Telekom mulls big tech investment with a foreign company: CEO

Türk Telekom is holding talks with a foreign company for an investment to develop new generation technologies, said Ümit Önal, its CEO.

This will mark a significant foreign direct investment and those tech products will be exported, Önal told a group of journalists without naming the potential foreign partner. But he said that the investment plans will be made public in two months.

Türk Telekom’s subsrcipton base expands to 51.4 million

The number of Türk Telekom's subscribers rose to 51.4 million, while the company revised up its revenue, profit and investment forecasts for 2021, according to the company's third-quarter results announced on Nov. 3.

Türk Telekom, Turkey's prominent telecommunications company, has 14.1 million broadband customers as of the end of September, the statement said.

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