BeST: Turkcell aims for 30%-plus market share by 2010

December 15, 2008 at 13:47 Leave a comment

Mobile network operator Belarusian Telecommunications Network (BeST), which is now majority-owned by Turkey’s Turkcell, is looking to increase its share of the domestic mobile market to around 33% after 2009, as it looks to close the gap on larger rivals MTS Belarus and Mobile Digital Communications (Velcom). In July this year Turkcell agreed to buy an 80% stake in BeST from the State Committee on Property of the Republic of Belarus for USD500 million, plus a further payment of USD100 million when BeST records its first full-year profit. Turkcell also agreed to invest USD500 million in the company’s development over the next ten years. BeST currently has around 200,000 customers, a market share of less than 5%.

Advertisements

Entry filed under: Belarus, Best, CDMA, GSM, Mobile, MTS, Telecom, Turkcell, Velcom, Wireless. Tags: , , , , , , , .

3G: What’s That? Movistar launches HSPA (Venezuela)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Feeds

Email Newsletter

Recent Posts

December 2008
M T W T F S S
    Jan »
1234567
891011121314
15161718192021
22232425262728
293031  

Categories


%d bloggers like this: