Turk Telecom deadline pushed back to June 24

UAE incumbent is one of the pre-qualified bidders in Turkey, and the company’s deputy CEO, Nasser Bin Obood, recently commented that Etisalat has made determined efforts to reach out beyond the borders of the UAE to look for new opportunities.

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By  Tawanda Chihota Published  May 31, 2005

The deadline for bids for the 55% stake on offer in Turkish fixed line operator Turk Telecom, which is 40% owner of Turkish mobile operator Avea, is said to have been delayed to June 24 from May 31. Bidding was expected to close May 31, but earlier during the month at least five bidders requested more time to evaluate their offers. UAE incumbent is one of the pre-qualified bidders in Turkey, and the company’s deputy CEO, Nasser Bin Obood, recently commented that Etisalat has made determined efforts to reach out beyond the borders of the UAE to look for new opportunities. After successful entries into Saudi Arabia and Sudan, Etisalat is currently looking to enter the markets of Yemen, Pakistan and Turkey. This, he said, was a natural step for the operator, which has consistently shown a willingness to adopt a competitive mindset, even as a sole national provider. Etisalat plans to launch new services that are fully compatible with the existing networks, in the future. The most prominent of these services are mobile office applications, converged services, and broadband offerings. The objective of the developments is to make the UAE among the top 10 connected nations in the world by 2008, Bin Obood says.

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