Turkey's leading mobile phone operator, Turkcell, has signed an agreement to acquire a 44.96 percent stake in Euroasia Telecommunications Holding, which owns 100 percent of Astelit LLC, the Ukrainian mobile operator of "life:)".
Turkcell already has a 55 percent stake in the "life:)" brand in Ukraine.
Turks spent more than 35.5 billion Turkish Liras ($13.3 billion) on telecommunications last year, up from 32.2 billion liras ($12.2 billion) in 2013, according to a report released by the Information and Communications Technologies Authority (BTK) on March 27.
Over 80 percent of the amount spent went on Turkey's top four telecommunication companies, the report stated.
I previously wrote the two paragraphs below about the Makers Movement in Turkey: