Industry Updates

'SAMENA Daily' - News

Turkcell to form joint ventures for fibre broadband

Turkcell, which wholly owns ISP Superonline, has announced plans to create a joint venture company (JVC) with alternative ISPs Vodafone Turkey and Turksat, in addition to members of the Telecommunications Operators Association (TELKODER), in a move to invest more efficiently in Turkey’s fixed broadband infrastructure. According to a press release from the telco, the JVC will remove the need for duplicate infrastructure deployment, allowing improved use of existing infrastructure and creating better conditions for future investments. A joint declaration from the companies stated: ‘A fully digital future for our country is indispensable, and this is the vision which leads us to launch this initiative. Our goal is to ensure that fast broadband services are widespread, high-quality and affordable. This initiative is open to all companies in our country’s telecommunications landscape and we are confident that both public and private sector players will support it. We also believe that the vast majority of society will support our effort which aims to contribute to a brighter digital future for our country.’

Turkcell previously noted that the country could save up to USD12.6 billion if three of the major operators were to invest jointly rather than separately. The operator’s CEO, Kaan Terzioglu, has now commented on the JVC, saying: ‘We have taken a significant step in forming an infrastructure company with a vision of ensuring efficient use of resources while establishing a fair and competitive environment. The alliance members constitute 55% of the Turkish telecommunications industry’s revenue. Our objective is to make sure that 21 million more households in Turkey reach a viable fibre-to-the-home (FTTH) solution.’



Source: https://www.telegeography.com/products/commsupdate/articles/2016/07/29/turkcell-reveals-joint-venture-plans-for-fibre-broadband/?utm_source=CommsUpdate&utm_campaign=c9243dfbeb-CommsUpdate+29+July+2016&utm_medium=ema

ATTENTION
LS2024 Banner